Gold Price Today: The past two days' upward trend in gold prices has been halted today. Gold prices have declined across 24-carat, 22-carat, and 18-carat grades.

Gold prices drop sharply, dropping by over 5,000 rupees in a single day; find out the latest 24-carat price in your city.

Gold Price Today: After rising over the past two days, gold prices in India declined on Thursday. The price of 24-carat gold fell by ₹502 to ₹15,442 per gram. Similarly, the price of 22-carat gold fell by ₹460 to ₹14,155 per gram. Prices have fallen again due to fluctuations in the global market and profit booking.

Market analysts say global trends were the primary reason for today's decline in gold prices. Market sentiment was affected after US President Donald Trump nominated Kevin Warsh as the next chairman of the US Federal Reserve. His nomination as Fed chairman led to speculation about a tighter monetary policy stance. Expectations of higher interest rates typically put pressure on non-yielding assets like gold. 

How much has the price of 24 carat gold decreased? 

Today, Thursday, 24-carat gold saw a sharp decline of ₹502 per gram. The price of 24-carat gold fell to ₹15,442 per gram from ₹15,944 per gram yesterday. The price of 8 grams of 24-carat gold is now ₹1,23,536, a decrease of ₹4,016 from yesterday. Similarly, the price of 10 grams has fallen by ₹5,020 to ₹1,54,420. The price of 100 grams of 24-carat gold is now ₹15,44,200, a significant decline of ₹50,200 from the previous session.

The price of 22 carat also decreased

On Thursday, the price of 22-carat gold fell by ₹460 per gram to ₹14,155, down from ₹14,615 yesterday. Eight grams of 22-carat gold is now priced at ₹113,240, a decrease of ₹3,680 from the previous day. The price of 10 grams is now ₹141,550, a decline of ₹4,600. The price of 100 grams of 22-carat gold fell by a massive ₹46,000 to ₹14,15,500.

18-carat gold also became cheaper

Meanwhile, the price of 18-carat gold fell by Rs 376 per gram to Rs 11,582, compared to Rs 11,958 per gram in the previous session. Eight grams of 18-carat gold now costs Rs 92,656, a decrease of Rs 3,008. Similarly, the price of 10 grams is Rs 1,15,820, a decrease of Rs 3,760. On February 5, 2026, the price for 100 grams fell by Rs 37,600 to Rs 11,58,200.