Gold prices in Kolkata eased sharply on Monday, February 2, following weakness in global bullion markets and extended selling after recent record highs. Buyers in the city saw notable price corrections across all purity levels as profit booking intensified and the US dollar strengthened.
Latest gold rates in Kolkata today:
- 24-carat gold: ₹15,153 per gram
- 22-carat gold: ₹13,890 per gram
- 18-carat gold: ₹11,365 per gram
The moderation in prices reflects broader correction trends in Indian bullion markets, where domestic rates are tracking falls in global gold prices. The correction has been driven by profit-taking after gold’s surge to multi-year highs along with selling pressure amid stronger macroeconomic indicators in global markets.
Gold prices in Kolkata have now softened significantly from their recent peaks, offering relatively lower price points for consumers and jewellers. Investors are keeping a close eye on global bullion trends, currency movements, and central bank signals for further clues on price direction in the coming days.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Commodity prices are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
