Gold prices saw a decline on Saturday, with the rate for 24-carat gold dropping to ₹8,667.3 per gram, down by ₹20. Similarly, 22-carat gold is priced at ₹7,946.3 per gram, also falling by ₹20. Over the past week, the price of 24-carat gold has decreased by 2.04%, and in the last month, it has dropped by 8.15%. The price of silver remained unchanged at ₹102,500 per kilogram.
Gold and Silver Rates Across Major Cities
Delhi
The price of 24-carat gold in Delhi today stands at ₹86,673 per 10 grams, up from ₹86,423 on February 7, 2025. Compared to last week, when the price was ₹84,663, gold has seen a noticeable rise. The silver rate in Delhi is ₹102,500 per kilogram, slightly lower than yesterday’s rate of ₹102,700 and last week’s price of ₹102,600.
Chennai
In Chennai, the price of 24-carat gold today is ₹86,521 per 10 grams, compared to ₹86,271 on February 7, 2025. This marks an increase from ₹84,511 last week. Silver in Chennai is priced at ₹109,600 per kilogram, down from ₹109,800 yesterday and ₹109,700 last week.
Mumbai
The gold rate in Mumbai today is ₹86,527 per 10 grams, a rise from ₹86,277 on February 7, 2025. Last week, it was ₹84,517. The silver rate in Mumbai stands at ₹101,800 per kilogram, down from ₹102,000 yesterday and ₹101,900 last week.
Kolkata
In Kolkata, the current price of 24-carat gold is ₹86,525 per 10 grams, up from ₹86,275 yesterday and ₹84,515 last week. Silver in Kolkata is priced at ₹103,300 per kilogram, down from ₹103,500 yesterday and ₹103,400 last week.
Futures Market
Gold April 2025 MCX futures are currently trading at ₹84,800 per 10 grams, showing a slight increase of ₹0.422.
Silver July 2025 MCX futures are trading at ₹99,322 per kilogram, up by ₹0.259.
Factors Influencing Prices
Gold and silver prices are influenced by a variety of factors. Key among these are input from major jewelers, global demand for gold, fluctuations in currency values, interest rates, and government policies. International elements, including the global economic situation and the strength of the US dollar against other currencies, also play a significant role in shaping gold rates in the Indian market.
Related topics:
- What is the Value of 18K Gold?
- Why Does Gold Price Increase During War?
- What is the Best Price Being Paid for Gold Sovereigns?