Gold and Silver Prices in India February 12, 2025
May you don’t know, but I want to tell you that Gold is a good investment for long term and in India maximum people are purchasing gold for investment purpose. India is the 2nd largest consumer of gold in the world. You should have idea about the gold price, last week price has increase to life time high.
The price of gold is touching the sky daily. People thought that the price of gold would go down but since the price started rising, the price of gold has not reached the lowest level since then.
Gold, one of the most valuable and expensive metals, holds great significance in India. It is not only popular for jewellery but is also valued an investment in the form of art and coins. Despite rising gold prices, people in India continue to invest in gold regularly.
Gold prices in India fluctuate due to various factors such as global market conditions and the value of the US dollar. These changes affect different cities based on local demand and supply. If you’re planning to invest in gold, here are some key points to consider.
If you’re looking to invest in gold or buy gold jewelry, find out the recent price of Gold in India. Before buying Gold and Silver we should know the current Rate. Always know the Gold price before buying.
22 CARAT GOLD Rate Today-12.02.2025
1 Gram: ₹7940
10 Gram: ₹79400
100 Gram: ₹794000
24 CARAT GOLD Rate Today 12.02.25
1 Gram: ₹8667
10 Gram: ₹866700
100 Gram: ₹866700
Gold price in Major cities
Delhi: The price of 10 grams of 22-carat gold is ₹79,550 and 10 grams of 24-carat gold is ₹89,820.
Mumbai: The price of 10 grams of 22-carat gold is ₹79,400 and 10 grams of 24-carat gold is ₹86,670.
Kolkata: The price of 10 grams of 22-carat gold is ₹79,400 and 10 grams of 24-carat gold is ₹86,670.
Chennai: The price of 10 grams of 22-carat gold is ₹79,400 and 10 grams of 24-carat gold is ₹86,670.
Bangalore: The price of 10 grams of 22-carat gold is ₹₹79,400 and 10 grams of 24-carat gold is ₹86,670
Patna: The price of 10 grams of 22-carat gold is ₹₹79,450 and 10 grams of 24-carat gold is ₹86,720
Key Factors Influencing Gold Prices in India
Global Market Trends:
Gold and silver prices depend on international market trends, especially in the US, China, and Europe.
Fluctuations in the US dollar impact the gold price significantly.
Inflation and Interest Rates:
Higher inflation typically increases gold demand as it is considered a hedge against inflation.
Interest rate hikes by the US Federal Reserve or the Reserve Bank of India (RBI) can lower gold demand.
Demand and Supply:
Festivals, weddings, and religious occasions drive gold demand in India.
India imports most of its gold, and any changes in import duties can impact prices.
Stock Market Performance:
Investors prefer gold as a safe-haven asset during stock market downturns.
Government Policies and Taxes:
GST, import duties, and other government regulations impact the final gold price for consumers.
Geopolitical and Economic Events:
Events such as wars, trade tensions, and economic slowdowns increase gold demand as a safe investment.
Gold prices remain close to record highs as investors expect major central banks to lower interest rates this year. Despite strong job market data, traders believe the U.S. Federal Reserve will cut rates twice in 2025, matching previous forecasts from Fed officials.
Meanwhile, the Bank of England reduced interest rates, with the decision showing stronger support for further cuts than expected. In India, the Reserve Bank of India (RBI) also lowered rates for the first time since the pandemic response nearly five years ago. Earlier, the European Central Bank (ECB) and the Bank of Canada (BoC) also cut interest rates, with Canada ending its bond-buying program (quantitative tightening).