1. Why did the Gold Price fall to ₹1.61 lakh on MCX today?

The Gold Price slipped due to profit booking after recent record highs. A stronger US dollar and rising bond yields also pressured global bullion rates. However, the overall trend remains strong.

2. What is the 22K and 24K Gold Price in major cities today?

24K gold is trading around ₹62,500 per 10 grams in Delhi and Mumbai. 22K gold is near ₹57,300 in most metro cities. Rates may vary slightly due to local taxes and making charges.

3. Is this a good time to invest in gold at ₹1.61 lakh?

Experts say small dips can be good entry points for long term investors. Gold helps in portfolio diversification and wealth protection. Short term traders should watch key support levels.

4. What factors are affecting Gold Price in February 2026?

US Federal Reserve rate outlook, dollar movement, and global inflation data are key drivers. Rupee fluctuation and wedding season demand also impact Indian gold rates. Central bank buying continues to support prices.

5. Can Gold Price touch ₹1.70 lakh in 2026?

Analysts believe gold may test ₹1.70 lakh if rate cuts happen and global risks rise. Strong central bank demand could push prices higher. Market volatility, however, may cause short term corrections.

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