Latest Gold Rate Updates in India: February 28, 2025
Gold Rate Today (28th Feb 2025): Check the latest 22K and 24K gold prices in Delhi, Mumbai, Kolkata, and Chennai. Get live updates on gold rates across all other major Indian cities.
Gold prices in India continued to remain weak after hitting a record high. On Friday morning, the yellow metal was trading slightly lower at Rs 80,090 per 10 grams for 22-carat and Rs 87,370 per 10 grams for 24-carat in Mumbai. Silver prices also faced weak momentum, trading lower than the previous day.
The weakness in bullion was seen on MCX as well, with gold down 0.48 per cent at Rs 84,787 per 10 grams and silver falling 0.84 per cent to trade at Rs 94,743 per kg.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favorite among jewelry enthusiasts and investors alike.
Here’s a detailed breakdown of gold prices across key cities on February 28, 2025:
– Delhi: 22K Gold – Rs 80,240 per 10gm, 24K Gold – Rs 87,520 per 10gm
– Jaipur: 22K Gold – Rs 80,240 per 10gm, 24K Gold – Rs 87,520 per 10gm
– Ahmedabad: 22K Gold – Rs 80,140 per 10gm, 24K Gold – Rs 87,420 per 10gm
– Patna: 22K Gold – Rs 80,140 per 10gm, 24K Gold – Rs 87,420 per 10gm
– Mumbai: 22K Gold – Rs 80,090 per 10gm, 24K Gold – Rs 87,370 per 10gm
– Hyderabad: 22K Gold – Rs 80,090 per 10gm, 24K Gold – Rs 87,370 per 10gm
– Chennai: 22K Gold – Rs 80,090 per 10gm, 24K Gold – Rs 87,370 per 10gm
– Kolkata: 22K Gold – Rs 80,090 per 10gm, 24K Gold – Rs 87,370 per 10gm
Silver prices witnessed weak movement, falling below the Rs 1 lakh-mark at Rs 98,000 per kg in the spot market across major Indian cities.
Factors such as international market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold holds cultural and financial significance, being a preferred investment option and key to celebrations, especially weddings and festivals. With constantly changing market conditions, investors and traders closely monitor fluctuations to effectively navigate dynamic trends.