Gold prices saw an increase today, February 7, 2025, with 24-carat gold priced at ₹8669.3 per gram, reflecting a rise of ₹270, while 22-carat gold stands at ₹7948.3 per gram, up by ₹250.
Price Fluctuations Over the Week and Month
In the past week, the price of 24-carat gold has decreased by 1.02%, and over the last month, it has fallen by 7.47%. Meanwhile, silver has seen a slight decrease, with its current rate at ₹102,500 per kilogram, down by ₹200 from yesterday.
Gold and Silver Rates in Major Cities
Delhi:
The price of 24-carat gold in Delhi is ₹86,693 per 10 grams, up from ₹85,383 on February 6, 2025. A week ago, on February 1, 2025, it was ₹84,513 per 10 grams.
Silver is priced at ₹102,500 per kilogram today, compared to ₹101,500 yesterday and ₹102,700 last week.
Chennai:
In Chennai, 24-carat gold is priced at ₹86,541 per 10 grams, up from ₹85,231 on February 6, 2025, and ₹84,361 on February 1, 2025.
Silver is trading at ₹109,600 per kilogram, up from ₹108,600 yesterday, but down from ₹109,800 last week.
Mumbai:
Gold in Mumbai today stands at ₹86,547 per 10 grams, up from ₹85,237 on February 6, 2025, and ₹84,367 on February 1, 2025.
The silver rate in Mumbai is ₹101,800 per kilogram, compared to ₹100,800 yesterday and ₹102,000 last week.
Kolkata:
The price of 24-carat gold in Kolkata is ₹86,545 per 10 grams, an increase from ₹85,235 yesterday and ₹84,365 last week.
Silver in Kolkata is priced at ₹103,300 per kilogram, compared to ₹102,300 yesterday and ₹103,500 last week.
Futures Market
In the futures market, gold for June 2025 delivery was trading at ₹85,482 per 10 grams, showing a slight increase of ₹0.258. Similarly, silver for July 2025 delivery was trading at ₹99,500 per kilogram, up by ₹0.439.
Factors Influencing Prices
Gold and silver prices are subject to a variety of factors. These include input from major jewelers, global demand for gold, currency fluctuations, interest rates, and government policies. International factors such as the state of the global economy and the strength of the US dollar against other currencies also play a significant role in determining gold prices in India.
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