Gold Rate Today in India: Gold prices continued to remain weak after hitting a record high. On Friday morning, the yellow metal was trading slightly lower at Rs 80,090 per 10 grams for 22-carat and Rs 87,370 per 10 grams for 24-carat in Mumbai.
Silver too faced weak momentum, trading lower than the previous day.
The weakness in bullion was seen on MCX too. Gold was down 0.48 per cent at Rs 84,787 per 10 grams, while silver fell 0.84 per cent to trade at Rs 94,743 per kg.
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 28, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
| Delhi | Rs 80,240 | Rs 87,520 |
| Jaipur | Rs 80,240 | Rs 87,520 |
| Ahmedabad | Rs 80,140 | Rs 87,420 |
| Patna | Rs 80,140 | Rs 87,420 |
| Mumbai | Rs 80,090 | Rs 87,370 |
| Hyderabad | Rs 80,090 | Rs 87,370 |
| Chennai | Rs 80,090 | Rs 87,370 |
| Kolkata | Rs 80,090 | Rs 87,370 |
Silver Price Today In India (February 28, 2025)
On the other hand, silver prices witnessed weak movement, falling below the Rs 1 lakh-mark at Rs 98,000 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.
