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Gold Price Jumps For 3rd Day In India, Feb 6: Yellow Metal Rates Continue To Rise

Gold Price India, Feb 18: Yellow Metal Prices Continue To Rise, Check Latest Rates

Gold price in India continue to glitter and hover near record high as the ongoing strains between US-China over tariffs pushed safe-haven demand. Meanwhile, investors are looking forward to the crucial US jobs data for more cures on the future trajectory of interest rates. 24k gold price today surged for 3rd consecutive day to Rs 86,510/10 grams after gain of Rs 270 while 100 grams of 24k yellow metal prices surged by Rs 2700 to Rs 8,65,100 on Thursday. 22k gold price today firmed by Rs 250 to Rs 79,300/10 grams and 100 grams of 22k precious metal prices zoomed by Rs 2500 to Rs 7,93,000.

On the other hand, 18k gold price today turned dearer by Rs 200 to Rs 64,880/10 grams and 100 grams of 18k precious metal prices witnessed rally of Rs 2000 to settle at Rs 6,48,800.

Gold Price Jumps For 3rd Day In India, Feb 6: Yellow Metal Rates Continue To Rise

1 gm gold price today for 22k rose by Rs 25 to Rs 7930, 1 gram yellow metal prices for 24k surged by Rs 27 to Rs 8,651, and 1 gram gold rate for 18k edged higher by Rs 20 Rs 6,488, according to Goodreturns.in.

Spot Gold Prices Today

Spot gold prices zoomed 0.1% at $2,868.94 per ounce, by 0507 GMT, after touching an all-time peak of $2,882.16 in the previous session. Spot silver declined 0.2% to $32.25 per ounce, while platinum surged 0.6% to $985.49, and palladium jumped 0.4% to $993.34, according to Reuters.

Why Yellow Metal Prices Continue To Get Dearer?

Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities said, “gold continued its strong rally, reaching $2,875 in Comex and surging Rs 950 higher to trade above Rs 84,750 in MCX. The weakness in the dollar index and escalating tariff war have fueled safe-haven buying, keeping bullion demand strong. Investors remain cautious ahead of Friday’s U.S. unemployment and non-farm payroll data, which will be key for market direction. Support for gold is seen near Rs 83,500, with an extended resistance level at Rs 85,250.”

22k Gold Price In Last 5-Days In India (for 1 gram)

1 gram of 22k gold price in India surged by Rs 25, rose by Rs 95 on January 5, zoomed by Rs 105 on January 4, slipped by Rs 40 on February 3, and stayed flat on February 2.

The Reuters report added, “investors are trying not to miss this rally as they place their position because they are happy with the returns. That’s the reason why it’s hitting successive highs,” said Soni Kumari, a commodity strategist at ANZ. “Bullion could hit the $3,000 level soon … however, what could make the market consolidate will be some clarity on trade ties or easing trade tensions.”

Silver Prices Today In India

Silver price in India today remained flat. 1 kg silver prices in India on February 6, 2025 stood at Rs 99,500. On the other hand, 100 grams silver rates today in the country are retailing at Rs 9,950.

1kg Silver price in India in last 5-days

1 kg silver prices in India today stood steady, surged by Rs 1000 on February 5, fell by Rs 1000 on February 4, remained steady on February 3 and February 2.

1 Gram gold rate today In key metro cities and states of India on Feb 6, 2025

City22k Gold Price Per Gram
Chennai Gold Price Today 22 carat gold rate is Rs 7,930
Mumbai Gold Price Today22K gold price is Rs 7,930
Delhi Gold Rate Today22K yellow metal price is Rs 7,945
Kolkata Gold Price Today22 carat gold price is Rs 7,930
Bangalore Gold Price Today22K gold rate is Rs 7,930
Hyderabad Gold Prices Today22 carat gold rate is Rs 7,930
Kerala Gold Prices Today22 carat gold rate is Rs 7,930
Gold Price In Lucknow Today22 carat gold price is Rs 7,945
Patna Gold Rate Today 22k precious metal price is Rs 7,935

(Gold price figures source: Goodreturns.in)

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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