Gold Price Today In India: Yellow Metal, Silver Shine – Check City-Wise Rates On Feb 24 – News18

Gold Price Today In India: Yellow Metal, Silver Shine – Check City-Wise Rates On Feb 24 – News18


Last Updated:

Gold Rate Today (24th Feb 2025): Gold was trading higher in the morning. Check the latest prices of yellow metal across different cities.

Gold Price Today in India: Check latest rates of yellow metal. (AI Generated)

Gold Rate Today in India: Gold price shone on Monday morning, February 24, with a sharp surge around Rs 100. The yellow metal was trading higher at Rs 80,550 per 10 grams for 22-carat and Rs 87,870 per 10 grams for 24-carat in Mumbai.

The silver, on the other hand, also witnessed a strong upward movement in the morning.

On the MCX iCOMDEX Base Metal Index, gold was trading slightly up at Rs 86,098.00. Silver, on the other hand, was at Rs 96,290.00 per kg during the morning trade.

Gold Prices’ Sharp Rally

Gold prices continue to climb in both India and globally, fuelled by economic uncertainty and trade war anxieties. President Trump’s tariff policies and geopolitical tensions have contributed to gold’s seventh consecutive weekly rise in India and eighth in the international market.

Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.

Here’s a detailed breakdown of gold prices across key cities (February 24, 2025):

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 80,690 Rs 89,020
Jaipur Rs 80,690 Rs 80,690
Ahmedabad Rs 80,590 Rs 87,920
Patna Rs 80,590 Rs 87,920
Mumbai Rs 80,550 Rs 87,870
Hyderabad Rs 80,550 Rs 87,870
Chennai Rs 80,550 Rs 87,870
Kolkata Rs 80,550 Rs 87,870

Silver Price Today In India (February 24, 2025)

On the other hand, silver prices witnessed a strong upward movement to remain at Rs 1,01,000 per kg in the spot market across major Indian cities.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *