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Today’s Gold Rate Increase in India – Check 24 Carat Price in Your City on February 25th

Luke Meyer by Luke Meyer
February 25, 2024
in News
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Today’s Gold Rate Increase in India – Check 24 Carat Price in Your City on February 25th

Gold rate today in India on February 25, 2024: India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Representative image)

Gold Rate Today: The retail cost of gold in the country is the amount customers pay for it.

Gold Rate Today In India: February 25, 2024, saw fluctuations in gold prices across various cities in India. The standard price for 10 grams remained relatively stable, hovering around Rs 62,000. Broadening the comparison, the average price for 10 grams of 24-carat gold stood at approximately Rs 62,950, while for 22-carat gold, it was Rs 57,700.

Meanwhile, the silver market displayed a consistent upward trend, reaching Rs 74,900 per kilogram.

Gold rate today in India: Retail gold price on February 25

Gold Rate Today In Mumbai 22 Carat & 24 Carat

In Mumbai, the price of 10 grams of 22-carat gold stands at Rs 57,700, while the same quantity of 24-carat gold is valued at Rs 62,950.

Gold Rate Today In Delhi

In Delhi, individuals need to allocate Rs 57,850 for 10 grams of 22-carat gold and Rs 63,100 for an equivalent amount of 24-carat gold.

Gold Rate Today In Chennai

Chennai’s gold prices show that 10 grams of 22-carat gold are priced at Rs 58,200, while 24-carat gold of the same weight costs Rs 63,490.

Check gold rates today in different cities on February 25, 2024; (In Rs/10 grams)

Multi Commodity Exchange

On February 23, 2024, gold futures expiring on April 05 were actively traded at Rs 62,325 on the Multi Commodity Exchange. Silver futures with a March 05, 2024 expiration date were quoted at Rs 70,450.

Retail Cost of Gold

The retail cost of gold in India is influenced by global gold prices, Rupee value, labor, and production costs. Gold holds cultural, investment, and traditional significance in the country.

2024 Outlook: Rs 70,000 Per 10 Grams Gold Price

The All India Gem and Jewellery Domestic Council projects gold prices to reach historic highs of Rs 70,000 per 10 grams in the upcoming year amid global uncertainties and geopolitical tensions.

Namit Singh Sengar

Namit writes on personal finance, economy, and brands. Currently contributing to News18.com as a Senior Sub Editor in the business vertical.

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Luke Meyer

Luke Meyer

Luke Meyer stands as a distinguished expert in gold investing, committed to delivering top-tier information on gold prices to investors. With a rich background in the financial sector, Luke possesses a profound grasp of the gold market dynamics. His expertise isn't limited to market analysis; it also encompasses understanding economic trends and their influence on gold prices. At GoldPrices.org, he aims to offer precise and current insights, guiding investors to make informed choices. Luke's clear, engaging writing and rigorous research make him an authoritative source for anyone keen on understanding gold investing.

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