Gold price today in India witnessed 3rd highest jump in the month of February only as prices hit fresh record high. Meanwhile, investors are looking forward to US Federal Reserve Jerome Powell’s statement on inflation and tariffs amid escalating global trade war. 24K gold price in India today surged by Rs 870 to Rs 87,930/10 grams and 100 grams of 24k precious metal prices rallied by Rs 8,700 to Rs 8,79,300 on Tuesday. 22K gold prices in the country edged higher by Rs 800 to settle at Rs 80,600/10 grams and 100 grams of 22k yellow metal prices firmed by Rs 8,000 to Rs 8,06,000.
On the other hand, 18k gold prices turned dearer by Rs 660 to Rs 65,950/10 grams and 100 grams of 18k yellow metal gained by Rs 6,600 to Rs 6,59,500. 1 gram of 22k gold today soared by Rs 80 to Rs 8,060, 1 gram of 24k yellow metal firmed by Rs 87 to Rs 8,793, and 1 gram of 18k precious metal jumped by Rs 66 to Rs 6,595, according to Goodreturns.in.
How Much 22k/10 Gold Prices Zoomed From Feb 1 To Feb 11, 2025 In India
Gold prices in India were retailing at Rs 77,450/10 grams and today prices crossed Rs 80,000 mark to Rs 80,600. It indicates a sharp surge of 4.07% only in February.
Spot Gold Prices Today
Spot gold surged to an all-time high of $2,942.70 an ounce during today’s trade in Asia, eclipsing the earlier peak of $2,911.30 set on Monday and marking the eighth record set so far in 2025. Spot silver surged 0.3% to $32.12 per ounce and platinum remained flat at $993.80, while palladium declined 0.3 per cent to $979.88, according to Reuters.
22k Gold Price In Last 5-Days In India (for 1 gram)
1 gram of 22k gold price in India today gained Rs 80, rose by Rs 35 on February 10, stayed steady on February 9, rallied by Rs 15 on February 8, and remained flat on February 7.
As per the Reuters report, “markets are largely expecting the Fed to hold rates steady at its March meeting, with expectations for a cut of at least 25 basis points not climbing above 50% until June, according to CME’s FedWatch Tool.
Why Gold Prices Are Rising?
Rajesh Rokde Chairman of All India Gem and Jewellery Domestic Council (GJC) said “as we witness gold crossing the $2,930 per ounce mark and continuing to rise day by day, it is a clear testament to the prevailing economic uncertainties. The persistent upward trend in gold prices underscores the growing need for safe-haven assets in volatile times. Additionally, with the current GST rate of 3% on bullion and precious ornaments, both consumers and jewellers are facing an increased tax burden.”
To align taxation with industry realities and encourage compliance, it is imperative to reduce the GST rate to 1.25%. This move will not only ease the burden on consumers but also boost sales and support the overall growth of the gems and jewellery industry, added Rajesh Rokde.
According to Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, “gold witnessed strong gains, surging above ₹85,800 in MCX and hitting $2,900 in spot markets as Trump’s new round of tariffs on metal products intensified trade war concerns. With no specific clarity on which countries are included or excluded, uncertainty in global trade has driven significant bullion buying. Rupee lowest level of 87.94 also provided major support to gold in domestic market. Given the growing risk-off sentiment, gold is expected to maintain a positive trend, with a projected range of Rs 84,000-Rs 86,500 in the coming days.”
Silver Prices Today In India: Silver price in India continued to remained steady for the last 6-days. Silver prices in India on February 11, 2025 stood unchanged at Rs 99,500 while 100 grams silver prices in India today remained flat at Rs 9,950.
1 Gram gold rate today In key metro cities and states of India on Feb 11, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 8,060 |
| Mumbai Gold Price Today | 22K gold price is Rs 8,060 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 8,075 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 8,060 |
| Bangalore Gold Price Today | 22K gold rate is Rs 8,060 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 8,060 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 8,060 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 8,075 |
| Patna Gold Rate Today | 22k precious metal price is Rs 8,065 |
(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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