Gold and silver prices moved higher on February 25, driven by strong demand in the spot market.
On the Multi Commodity Exchange (MCX), gold rose 0.31% to ₹1,60,460 per 10 grams in early trade on Wednesday.
Silver saw a sharper jump of 2.12%, reaching ₹2,66,263 per kg.
In the spot market in Mumbai, 24-carat gold climbed to ₹1,61,890 per 10 grams, while 22-carat gold was priced at ₹1,48,400 per 10 grams.
These prices do not include GST and making charges.
Interestingly, just last month, gold had crossed its all-time high of over ₹1,80,000, while silver touched a record ₹4,20,000.
Gold Rates on February 25 Across Major Cities
Here’s how 22K and 24K gold prices looked across key cities:
Delhi: 22K – ₹1,48,550 | 24K – ₹1,62,040
Jaipur: 22K – ₹1,48,550 | 24K – ₹1,62,040
Ahmedabad: 22K – ₹1,48,450 | 24K – ₹1,61,940
Pune: 22K – ₹1,48,400 | 24K – ₹1,61,890
Mumbai: 22K – ₹1,48,400 | 24K – ₹1,61,890
Hyderabad: 22K – ₹1,48,400 | 24K – ₹1,61,890
Chennai: 22K – ₹1,48,400 | 24K – ₹1,61,890
Bengaluru: 22K – ₹1,48,400 | 24K – ₹1,61,890
Kolkata: 22K – ₹1,48,400 | 24K – ₹1,61,890
Prices remain largely similar across cities, with minor variations.
Why Do Gold Prices Change Daily?
Gold prices in India are influenced by several key factors.
International market trends play a major role.
If global gold prices rise, Indian prices usually follow.
Import duties and taxes also impact the final rate.
Another major factor is the rupee’s exchange rate against the US dollar.
Since India imports most of its gold, any fluctuation in currency value directly affects prices.
Why Gold Matters So Much in India
Gold is not just an investment in India — it’s part of tradition and culture.
It plays a central role in weddings, festivals, and family celebrations.
At the same time, many people see gold as a safe investment during uncertain times.
With prices constantly moving, investors and buyers keep a close watch on daily changes.
Staying updated can help in making smarter buying and investment decisions.
