Gold price today gained in India yet again to hover near record high amid weakness prevailing in US Dollar. Meanwhile, investors are looking forward to key inflation report scheduled to be released later this week. 24K gold price in the country on Monday jumped by Rs 100 to Rs 87,870/10 grams and 100 grams of 24k precious metal prices firmed by Rs 1000 to Rs 8,78,700. 22k gold price today edged higher by Rs 100 to Rs 80,550/10 grams and 100 grams of 22k precious metal prices rose by Rs 1000 to Rs 8,05,500.
On the other hand, 18k gold price today stood at Rs 65,910, after gain of Rs 90 and 100 grams of 18k yellow metal prices today are retailing 6,59,100 after jump of Rs 900. 1 gram gold rate for 22k stood at Rs 8,055 after adding Rs 10, 1 gram precious metal price for 24k is hovering near 8787 after Rs 10 jump, and 1 gram gold price for 18k is Rs 6,591 after surge of Rs 9.
Spot Gold Prices Today
Spot gold rallied 0.1% to $2,939.15 an ounce as of 0444 GMT. Bullion hit an all-time high of $2,954.69 on Thursday. Spot silver zoomed 0.4% at $32.67 an ounce and platinum firmed 0.5% to $974.10. Palladium fell 0.2% to $967.56.. according to Reuters.
How Much 22k/10 Grams Gold Price Rallied From Feb 1 to Feb 24?
Gold prices recorded rally for most of the time in February. 22k/10 grams gold price on Feb 1, 2025 was retailing at Rs 77,450/10 grams. Today, 22k/10 grams gold price stood at Rs 80,550/10 grams, reflecting a strong gain of 4.00% in 24 days.
22k Gold Price In Last 5-Days In India (for 1 gram)
1 gram of 22k gold price in India today gained by Rs 10, remained flat on Feb 23, surged by Rs 20 on February 22, fell by Rs 45 on February 21, and zoomed by Rs 35 on Feb 20.
Will Gold Prices Hit Fresh High This Week?
The Reuters report added, “disappointing U.S. macro data at the tail end of last week has caught up with the dollar, which has opened the door higher for gold,” said Tim Waterer, chief market analyst at KCM Trade.
“With trade uncertainties not looking like they are disappearing anytime soon, gold could still be eyeing off reaching new all-time highs again this week.”
Silver Prices Today In India
Silver prices in India today jumped. If you are planning to buy 1kg silver today, you need to pay Rs 101,000. 100 grams silver prices on Monday stood at Rs 10,100, after jump of Rs 50.
1 Gram Gold Rate In Key Metro Cities And States Of India On Feb 24, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 8,055 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,055 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,055 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 8,055 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,055 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 8,055 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 8,055 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 8,069 |
| Patna Gold Rate Today | 22k precious metal price is Rs 8,059 |
(Gold price figures source: Goodreturns.in)
Gold Prices Outlook
According to Mr. Colin Shah, MD, Kama Jewelry, “Gold prices continued to gain strength last week. The rise in prices can be attributed to the heightened volatility, global uncertainties and the weak US data that has pushed gold prices further. US service-sector activity has also gone down to 2-year low, pushing the gold prices upwards.”
Moving ahead, gold prices are expected to stay afloat on the back of continued global uncertainties. Trajectory of DXY and USD will be key to gold prices this week. With gold prices witnessing continuous hike, there is a possibility of near-term profit taking, however, mid to long-term bullishness momentum could be seen as well. We anticipate gold prices to scale levels of $3,000 in mid-term,” added Colin Shah.
Disclaimer: The story highlights gold prices and should not be considered an investment advice by Moneydaily.in or the author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult an expert before making any investment decisions.
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