Gold prices in India today registered steep rally as US tariffs on China and inflation worries increased safe-haven demand. Meanwhile, traders are also looking forward to crucial jobs data scheduled to be released later this week. 22K gold prices in India today surged by Rs 1050 to Rs 78,100/10 grams and 100 grams of 24k yellow metal prices soared by Rs 10,500 to Rs 7,81,000. 24K gold prices in the country today stood at Rs 85,200/10 grams after gain of Rs 1,150 while 100 grams of 24k precious metal prices rallied by Rs 11,500 to Rs 8,52,000.
18K yellow metal prices today witnessed gain of Rs 860 to settle at Rs 63,900/10 grams and 100 grams of 18k gold prices today edged higher by Rs 8,600 to Rs 6,39,000 on Tuesday.
On the other hand, 1 gram of 18k gold prices today stood at Rs 6390 after jump of Rs 86, 1 gram of 22k precious metal surged by Rs 105 to Rs 7810, and 1 gram of 24k yellow metal zoomed by Rs 115 to Rs 8,520, according to Goodreturns.
Spot Gold Prices Today
Spot gold gained 0.3% at $2,820.94 per ounce, as of 0436 GMT, after hitting a record high of $2,830.49 on Monday. Silver rose 0.2% to $31.48 per ounce, platinum zoomed 0.4% to $967.93, and palladium rallied 1.3% to $1,022.09, according to Reuters.
Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities said, “gold’s positive rally took a slight pause as MCX gold traded near Rs 83,000 with a minor Rs 200 dip. This weakness came as tariff discussions between the US, Canada, and Mexico gained traction. Going forward, gold is expected to trade in a range between Rs 82,000 and Rs 83,500.”
22k Gold Price In Last 5-Days In India (for 1 gram)
1 gram of 22k gold price in India today zoomed by Rs 105, declined by Rs 40 on February 3, stayed flat on February 2, rallied by Rs 15 on February 2, and zoomed by Rs 120 on January 31.
Reuters report added, “In the current highly dynamic environment, where market volatility and policy flip-flops are likely to dominate, gold prices may continue to stay supported,” IG market strategist Yeap Jun Rong said. “With near-term price projection target at the $2,874 level, followed by the psychological $3,000 level.”
Silver Prices Today In India
Silver price in India today registered decline. 1 kg silver prices in India on February 4, 2025 fell by Rs 1000 to settle at Rs 98,500. Meanwhile, 100 grams silver rates today declined by Rs 100 at Rs 9,850.
1kg Silver price in India in last 5-days
1 kg silver prices in India today dived by Rs 1000, remained steady on February 3, February 2 and February 1, and zoomed by Rs 1000 on January 31.
1 Gram gold rate today In key metropolitan cities and states of India on Feb 4, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 7,810 |
| Mumbai Gold Price Today | 22K gold price is Rs 7,810 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 7,825 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 7,810 |
| Bangalore Gold Price Today | 22K gold rate is Rs 7,810 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 7,810 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 7,810 |
| Gold Price In Lucknow Today | 22 carat gold price is Rs 7,825 |
| Patna Gold Rate Today | 22k precious metal price is Rs 7,815 |
(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.
Recommended: Gold Price Drops In India, Feb 3: 24K/100 Grams Yellow Metal Falls By Rs 4,400
Leave a Reply