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Moneycontrol08-02-2026, 07:46

Gold Plummets ₹3980, Silver Dips ₹65000 in a Week; Check Latest Rates

  • 24-carat gold saw a weekly decline of ₹3980, while 22-carat gold fell by ₹3650.
  • As of February 8, 24-carat gold in Delhi is ₹156750 per 10 grams; Mumbai at ₹156600.
  • Silver prices dropped by ₹65000 in one week, reaching ₹285000 per kilogram on February 8.
  • JP Morgan predicts gold prices could hit $6300 per ounce by year-end due to central bank and investor demand.
  • Central bank gold purchases are estimated to reach 800 tons in 2026.

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