Hyderabad Gold Silver Rate Today, February 7, 2026: Prices Rise Or Fall? A Look At The 7-Day Trend

Gold and silver prices in Hyderabad recorded a marginal decline on 7 February 2026, reflecting pressure in the domestic bullion market due to global profit booking, a stronger US dollar, and the impact of the Reserve Bank of India's recent policy stance.

Despite a recent correction on the Multi Commodity Exchange (MCX), local rates fell by ₹1 to ₹20 compared to the previous day.

With the wedding and festive season expected to boost demand, this phase could open a favourable window for buyers. But has gold and silver truly become "cheaper"? Let us take a closer look.

Hyderabad Gold Rate Today

The latest gold prices in Hyderabad (per gram) are as follows:

• 24K Gold: ₹15,370 (down by ₹1)
• 22K Gold: ₹14,089 (down by ₹1)
• 18K Gold: ₹11,527 (down by ₹1)

Rates by quantity (24K / 22K / 18K):

• 1 gram: ₹15,370 / ₹14,089 / ₹11,527
• 8 grams: ₹1,22,960 / ₹1,12,712 / ₹92,216
• 10 grams: ₹1,53,700 / ₹1,40,890 / ₹1,15,270
• 100 grams: ₹15,37,000 / ₹14,08,900 / ₹11,52,700

Weekly Gold Trend in Hyderabad

Per gram (24K / 22K):

• 7 Feb 2026: ₹15,370 (-1) / ₹14,089 (-1)
• 6 Feb 2026: ₹15,371 (-71) / ₹14,090 (-65)
• 5 Feb 2026: ₹15,442 (-502) / ₹14,155 (-460)
• 4 Feb 2026: ₹15,944 (+551) / ₹14,615 (+505)
• 3 Feb 2026: ₹15,393 (+76) / ₹14,110 (+70)
• 2 Feb 2026: ₹15,317 (-741) / ₹14,040 (-680)
• 1 Feb 2026: ₹16,058 (0) / ₹14,720 (0)

Trend: Gold has remained highly volatile over the past week. Prices started at a high on 1 February, dropped sharply by 5 February, saw a brief recovery on 4 February, and are now relatively stable but trending downward. Overall, the metal has declined by roughly ₹600-₹700 per gram, presenting a potential buying opportunity for investors.

Hyderabad Silver Rate Today

The latest silver prices in Hyderabad are:

• Silver per gram: ₹279.90 (down by ₹0.10)
• Silver per kilogram: ₹2,79,900 (down by ₹100)

Rates by quantity:

• 1 gram: ₹279.90
• 10 grams: ₹2,799
• 100 grams: ₹27,990
• 1 kilogram: ₹2,79,900

Weekly Silver Trend

Per kilogram:

• 7 Feb 2026: ₹2,79,900 (-100)
• 6 Feb 2026: ₹2,80,000 (-20,000)
• 5 Feb 2026: ₹3,00,000 (-20,000)
• 4 Feb 2026: ₹3,20,000 (+20,000)
• 3 Feb 2026: ₹3,00,000 (0)
• 2 Feb 2026: ₹3,00,000 (-20,000)
• 1 Feb 2026: ₹3,20,000 (0)

Trend: Silver has also experienced volatile movement, with prices dropping by ₹20,000 to ₹40,000 per kilogram in recent days. However, strong industrial demand, particularly from the solar and electronics sectors, could support a recovery.

Why Are Prices Falling?

• Profit booking in international gold and silver markets combined with the strengthening US dollar has weighed on prices.
• The Reserve Bank of India's recent policy measures have influenced domestic sentiment.
• Over the long term, both gold and silver continue to be considered strong hedges against inflation.

Note: These rates are sourced from leading platforms such as Goodreturns and reflect morning prices. Local jewellers in Hyderabad may charge differently depending on making charges, GST, and purity testing. Rates can change during the day, so buyers are advised to verify prices before making a purchase.