Gold Rate Today (12th Feb 2025): On the MCX, gold was trading lower by 0.70 per cent at Rs 84,927 per 10 grams in the futures market.
Gold Rate Today in India: Gold and silver on Monday, February 12, witnessed a sell-off globally after US Fed Chairman Jerome Powell turned down rate cut possibilities. Gold rate in Mumbai was trading down by Rs 710 at Rs 86,670 per 10 grams for 24 carats, while the price for 22 carats was at Rs 79,400 per 10 grams.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
On the MCX, gold was trading lower by 0.70 per cent at Rs 84,927 per 10 grams in the futures market. Silver was also down by 0.39 per cent at Rs 94,201 per kg in the morning trade, as of 10:04 am.
Here’s a detailed breakdown of gold prices across key cities (February 12, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 79,550 | Rs 86,820 |
| Mumbai | Rs 79,400 | Rs 86,670 |
| Chennai | Rs 79,400 | Rs 86,670 |
| Kolkata | Rs 79,400 | Rs 86,670 |
Silver Price Today in India (February 12, 2025)
Silver prices, on the other hand, continue to remain at Rs 99,500 per kg in the spot market in major Indian cities.
Read More: Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 12
What Factors Affect Gold Prices in India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
