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Gold Rate Today in India: Yellow Metal Shines; Check City-Wise Prices On Feb 18

by Nigraan News Desk
February 18, 2025
in Business
0
Gold futures drop Rs 780 to Rs 1,57,975/10g

Gold futures drop Rs 780 to Rs 1,57,975/10g

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Gold Rate Today in India: Gold price witnessed a sharp gain of around Rs 300 on Tuesday morning, February 18. The yellow metal was trading high at Rs 79,700 per 10 grams for 22-carat and Rs 86,950 per 10 grams for 24-carat in Mumbai.

Silver, on the other hand, traded flat in the morning.

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.

On MCX iCOMDEX Index, Gold was trading at Rs 85,350 in the morning with a gain of 0.35 per cent, whereas Silver stayed at Rs 95,739 with a slight gain of 0.17 per cent.

Here’s a detailed breakdown of gold prices across key cities (February 18, 2025):

City22K Gold (per 10gm)24K Gold (per 10gm)
DelhiRs 79,850Rs 87,100
MumbaiRs 79,700Rs 87,950
AhmedabadRs 79,750Rs 87,000
HyderabadRs 79,700Rs 86,950
JaipurRs 79,850Rs 87,100
PatnaRs 79,750Rs 87,000
ChennaiRs 79,700Rs 86,950
KolkataRs 79,700Rs 86,950

Silver Price Today In India (February 18, 2025)

On the other hand, silver prices witnessed a flat movement to remain at Rs 1,00,500 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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