Gold prices saw an uptick on February 14, 2025, with the cost of 24-carat gold rising to ₹8,723.30 per gram, reflecting a gain of ₹400.00. The rate of 22-carat gold also increased to ₹7,998.30 per gram, up by ₹420.00.
Price Trends:
The price of 24-carat gold has changed by -1.02% over the past week and has decreased by -8.35% over the past month.
The silver rate remains stable at ₹102,500.00 per kilogram.
Gold and Silver Rates in Major Cities
Gold Rates
Delhi: ₹87,233.00 per 10 grams (down from ₹87,563.00 on 13-02-2025, and ₹86,673.00 on 08-02-2025).
Chennai: ₹87,081.00 per 10 grams (down from ₹87,411.00 yesterday and ₹86,521.00 last week).
Mumbai: ₹87,087.00 per 10 grams (down from ₹87,417.00 on 13-02-2025 and ₹86,527.00 on 08-02-2025).
Kolkata: ₹87,085.00 per 10 grams (down from ₹87,415.00 on 13-02-2025 and ₹86,525.00 on 08-02-2025).
Silver Rates
Delhi: ₹102,500.00 per kilogram (unchanged from yesterday and last week).
Chennai: ₹109,600.00 per kilogram (unchanged from yesterday and last week).
Mumbai: ₹101,800.00 per kilogram (unchanged from yesterday and last week).
Kolkata: ₹103,300.00 per kilogram (unchanged from yesterday and last week).
Futures Prices
Gold (April 2025 MCX Futures): ₹84,800.00 per 10 grams, up by ₹0.42.
Silver (July 2025 MCX Futures): ₹99,322.00 per kilogram, up by ₹0.26.
Factors Influencing Gold and Silver Prices
The prices of gold and silver are shaped by multiple factors, including
Global Demand: Economic conditions, geopolitical events, and consumer buying behavior.
Currency Exchange Rates: The strength of the Indian Rupee against major currencies like the US Dollar.
Interest Rates and Government Policies: Changes in these areas can make gold and silver more or less attractive to investors.
International Economic Factors: Fluctuations in the global economy, including commodity prices and the state of the US dollar, also impact prices.
Jewelers, who closely monitor these trends, provide insights into how the market may evolve in the coming days based on these variables.
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