20.5 C
New York
Saturday, May 3, 2025
spot_img

Latest Rates in India – goldsilverpress

As of February 21, 2025, gold prices in India have shown a modest increase, reflecting the dynamic nature of the precious metals market. The cost of 24-carat gold has risen to ₹8,822.3 per gram, marking an increase of ₹390.0. Meanwhile, the price of 22-carat gold stands at ₹8,088.3 per gram, which is a rise of ₹400.0. This fluctuation in prices is indicative of broader trends in the global market, influenced by various economic factors.

Weekly and Monthly Price Trends

Over the past week, the price of 24-carat gold has recorded a slight increase of 0.24%. However, when looking at the monthly trend, there has been a decline of 5.58%. Such fluctuations are not uncommon in the gold market, which is often subject to volatility due to changing economic conditions, investor sentiment, and geopolitical events.

In contrast, the current price of silver in India remains stable at ₹103,500.0 per kilogram, showing no change from previous rates. This stability in silver prices may reflect a balance between supply and demand in the market.

Regional Gold Prices

Gold prices can vary significantly across different cities in India. Here’s a closer look at the gold prices in some major cities:

Gold Price in Delhi

In Delhi, the gold price today is ₹88,223.0 for 10 grams. This represents an increase from yesterday’s price of ₹87,133.0 and a slight rise from last week’s price of ₹87,343.0.

Gold Price in Jaipur

In Jaipur, the gold price is slightly lower at ₹88,216.0 for 10 grams. This is up from ₹87,126.0 yesterday and from ₹87,336.0 last week.

Gold Price in Lucknow

Lucknow sees a gold price of ₹88,239.0 for 10 grams, reflecting an increase from ₹87,149.0 yesterday and ₹87,359.0 last week.

Gold Price in Chandigarh

Chandigarh’s gold price today is ₹88,232.0 for 10 grams, up from ₹87,142.0 yesterday and ₹87,352.0 last week.

Gold Price in Amritsar

In Amritsar, the price of gold is the highest among the listed cities at ₹88,250.0 for 10 grams, an increase from ₹87,160.0 yesterday and ₹87,370.0 last week.

Silver Rates in Major Cities

Silver prices also vary across different regions. Here’s a snapshot of silver rates in some key cities:

Silver Rates in Delhi

In Delhi, the silver rate remains unchanged at ₹103,500.0 per kilogram, consistent with yesterday’s rate and slightly down from ₹103,700.0 last week.

Silver Rates in Jaipur

Jaipur’s silver rate is ₹103,900.0 per kilogram, unchanged from yesterday and down from ₹104,100.0 last week.

Silver Rates in Lucknow

In Lucknow, the silver rate is ₹104,400.0 per kilogram, consistent with yesterday’s price and down from ₹104,600.0 last week.

Silver Rates in Chandigarh

Chandigarh reports a silver rate of ₹102,900.0 per kilogram, unchanged from yesterday and down from ₹103,100.0 last week.

Silver Rates in Patna

In Patna, the silver rate is ₹103,600.0 per kilogram, consistent with yesterday’s price and down from ₹103,800.0 last week.

Factors Influencing Gold and Silver Prices

The prices of gold and silver are influenced by a myriad of factors, including global demand, currency exchange rates, interest rates, government policies, and geopolitical events. For instance, fluctuations in the U.S. dollar can impact gold prices, as gold is typically traded in dollars. Additionally, changes in interest rates can affect investor appetite for precious metals, as higher rates may lead to lower demand for non-yielding assets like gold.

Jewelers and market analysts often provide valuable insights into these trends, helping investors make informed decisions. Understanding the underlying factors that drive price changes can be crucial for anyone looking to invest in gold or silver.

Conclusion

As of February 21, 2025, the gold and silver markets in India reflect a complex interplay of local and global factors. With gold prices showing a modest increase and silver rates remaining stable, investors and consumers alike should stay informed about market trends and fluctuations. For those interested in checking the gold rates in southern major cities, additional resources are available online.

For more detailed insights and updates on gold and silver prices, you can visit Livemint’s Gold Prices and Livemint’s Silver Prices.

This article is generated by AI and has not been edited by Livemint staff.

Related Articles

spot_img

Latest Articles

bitcoin
Bitcoin (BTC) $ 96,345.81
ethereum
Ethereum (ETH) $ 1,835.78
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 598.16
solana
Solana (SOL) $ 148.51
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.178786
cardano
Cardano (ADA) $ 0.710373
tron
TRON (TRX) $ 0.248251
staked-ether
Lido Staked Ether (STETH) $ 1,835.33
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,222.78
sui
Sui (SUI) $ 3.35
chainlink
Chainlink (LINK) $ 14.43
avalanche-2
Avalanche (AVAX) $ 20.86
stellar
Stellar (XLM) $ 0.271334
leo-token
LEO Token (LEO) $ 8.92
the-open-network
Toncoin (TON) $ 3.17
shiba-inu
Shiba Inu (SHIB) $ 0.000013
usds
USDS (USDS) $ 1.00
hedera-hashgraph
Hedera (HBAR) $ 0.183203
wrapped-steth
Wrapped stETH (WSTETH) $ 2,204.41
bitcoin-cash
Bitcoin Cash (BCH) $ 366.81
hyperliquid
Hyperliquid (HYPE) $ 20.61
litecoin
Litecoin (LTC) $ 86.97
polkadot
Polkadot (DOT) $ 4.11
weth
WETH (WETH) $ 1,835.36
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
bitget-token
Bitget Token (BGB) $ 4.37
monero
Monero (XMR) $ 275.51
ethena-usde
Ethena USDe (USDE) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 28.89
pi-network
Pi Network (PI) $ 0.586701
wrapped-eeth
Wrapped eETH (WEETH) $ 1,955.03
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,373.82
pepe
Pepe (PEPE) $ 0.000008
dai
Dai (DAI) $ 1.00
aptos
Aptos (APT) $ 5.22
bittensor
Bittensor (TAO) $ 364.76
uniswap
Uniswap (UNI) $ 5.18
susds
sUSDS (SUSDS) $ 1.05
okb
OKB (OKB) $ 51.24
near
NEAR Protocol (NEAR) $ 2.46
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
ondo-finance
Ondo (ONDO) $ 0.893556
gatechain-token
Gate (GT) $ 21.74
aave
Aave (AAVE) $ 173.77
internet-computer
Internet Computer (ICP) $ 4.80
ethereum-classic
Ethereum Classic (ETC) $ 16.82
official-trump
Official Trump (TRUMP) $ 12.75
en_USEnglish