The bullion market opened on a stable note today, February 5, 2026, with gold prices consolidating after sharp swings earlier in the week. In Hyderabad, 24K gold was priced at ₹15,945 per gram, while in Chennai, the rate stood at ₹15,374 per gram. Other metros like Delhi, Mumbai, and Bengaluru reported similar figures, reflecting a uniform trend across the country. This stability comes as a relief to buyers who had witnessed steep fluctuations in late January.
Why Prices Are Rising Again
Analysts point to a mix of global cues and domestic demand driving the rebound. Internationally, gold gained after the U.S. reduced import tariffs on India, boosting sentiment in the bullion trade. Domestically, steady jewellery demand ahead of the wedding season has kept prices firm. For many households, gold remains more than an investment—it is a cultural and emotional asset, symbolizing security and tradition.
For everyday buyers, today’s prices are not just numbers—they influence wedding budgets, festive purchases, and family savings. A bride’s jewellery set, a farmer’s investment, or a small trader’s hedge against inflation all depend on these daily rates. The firmness in gold and silver today reassures many that their traditional investments continue to hold value, even in uncertain times. As one jeweller in Bengaluru remarked, “Gold is not just wealth—it is trust, and today’s stability brings confidence back to the market.”
Gold Rate in Metro Cities (5 Feb 2026)
