On Saturday, February 8, 2025, gold prices experienced a slight dip. The cost of 24-carat gold in India is ₹8,667.30 per gram, down by ₹20. Similarly, 22-carat gold is priced at ₹7,946.30 per gram, reflecting the same ₹20 decrease.
Price Trends:
Over the past week, the price of 24-carat gold has dropped by 2.04%, and over the last month, it has decreased by 8.15%.
The price of silver remains stable at ₹102,500 per kilogram, showing no change from the previous day.
Gold Prices in Northern Cities
Gold prices in key northern cities of India have seen slight fluctuations, with some areas reporting marginal increases.
Delhi: ₹86,673 per 10 grams, up from ₹86,423 yesterday and ₹84,663 last week.
Jaipur: ₹86,666 per 10 grams, a rise from ₹86,416 yesterday and ₹84,656 last week.
Lucknow: ₹86,689 per 10 grams, increasing from ₹86,439 yesterday and ₹84,679 last week.
Chandigarh: ₹86,682 per 10 grams, up from ₹86,432 yesterday and ₹84,672 last week.
Amritsar: ₹86,700 per 10 grams, higher than ₹86,450 yesterday and ₹84,690 last week.
Silver Prices in Northern Cities
Silver prices across northern India have experienced slight declines.
Delhi: ₹102,500 per kilogram, down from ₹102,700 yesterday and ₹102,600 last week.
Jaipur: ₹102,900 per kilogram, decreasing from ₹103,100 yesterday and ₹103,000 last week.
Lucknow: ₹103,400 per kilogram, a drop from ₹103,600 yesterday and ₹103,500 last week.
Chandigarh: ₹101,900 per kilogram, down from ₹102,100 yesterday and ₹102,000 last week.
Patna: ₹102,600 per kilogram, a slight decline from ₹102,800 yesterday and ₹102,700 last week.
Factors Affecting Gold and Silver Prices
The prices of gold and silver are shaped by a range of global and local factors. These include demand trends, currency exchange rates, interest rates, government policies, and global events. Changes in these variables can lead to significant price fluctuations. Jewelers and industry experts, with their knowledge of the precious metals market, offer valuable insights into these trends and potential future movements.
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