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Gold Price Today In India: Check City-Wise Rates On Feb 25

by Nigraan News Desk
February 26, 2025
in Business
0
Gold, Silver Futures Extend Record Rally On Rate Cut Hopes, Global Tensions

Gold, Silver Futures Extend Record Rally On Rate Cut Hopes, Global Tensions

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Gold Rate Today in India: Gold price remained steady on Tuesday morning, February 25. The yellow metal was trading at Rs 80,560 per 10 grams for 22-carat and Rs 87,880 per 10 grams for 24-carat in Mumbai.

The silver, on the other hand, saw a gain in the morning.

On the MCX iCOMDEX Base Metal Index, gold was trading slightly up at Rs 86,263.00. Silver, on the other hand, was at Rs 95,535.00 during the morning trade.

Yesterday, Gold prices closed at life-time high amid global uncertainty over Trump’s tariff and Russian drone attacks on Ukraine. Gold prices also surged because of its safe-haven buying status and increased holding of ETF investors, said the Rahul Kalantri, VP Commodities, Mehta Equities.

“On the technical front, gold has support at $2927-2895 and resistance at $2958-2975,” he added.

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 25, 2025):

City22K Gold (per 10gm)24K Gold (per 10gm)
DelhiRs 80,700Rs 88,030
JaipurRs 80,700Rs 88,030
AhmedabadRs 80,600Rs 87,930
PatnaRs 80,600Rs 87,930
MumbaiRs 80,560Rs 87,880
HyderabadRs 80,560Rs 87,880
ChennaiRs 80,560Rs 87,880
KolkataRs 80,560Rs 87,880

Silver Price Today In India (February 25, 2025)

On the other hand, silver prices witnessed a strong upward movement to remain at Rs 1,01,100 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.

 

GABFIRE

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