Gold Prices Rise Today: Check 22K and 24K Bullion Rates Across Indian Cities on February 13
New Delhi, India February 13, 2025
Gold prices in India witnessed a moderate increase on Thursday, February 13, 2025, with 24-carat gold trading at ₹87,050 per 10 grams and 22-carat gold priced at ₹79,800 per 10 grams. The yellow metal’s upward trend reflects global market movements, currency fluctuations, and strong investment demand.
Meanwhile, silver prices remained flat, holding steady at ₹99,500 per kilogram, indicating neutral sentiment in the white metal market.
Gold Price Trends and Market Dynamics
1. Factors Driving Gold Price Movements Today
The increase in gold prices is attributed to multiple global and domestic factors, including:
- Global Economic Uncertainty: Concerns over inflation, geopolitical tensions, and interest rate policies continue to drive safe-haven demand for gold.
- US Federal Reserve Rate Policy: Investors are closely watching the Federal Reserve’s stance on interest rates, as lower rates typically boost gold’s appeal as a non-yielding asset.
- Rupee Depreciation: A weaker Indian rupee against the US dollar has contributed to higher domestic gold prices, as India is a major gold importer.
- Seasonal Demand: With wedding and festival seasons underway, physical demand from jewelers and retail buyers has remained strong.
2. Gold Price Comparison: 22K vs. 24K Gold Rates
| Gold Purity | Price per 10 grams (₹) |
|---|---|
| 24-Carat (999 purity) | ₹87,050 |
| 22-Carat (916 purity) | ₹79,800 |
City-Wise Gold Prices on February 13, 2025
Gold rates vary across cities due to local taxes, transportation costs, and regional demand variations. Here are the latest prices in major Indian cities:
| City | 24K Gold Price (₹/10g) | 22K Gold Price (₹/10g) |
|---|---|---|
| Delhi | ₹87,200 | ₹79,900 |
| Mumbai | ₹87,050 | ₹79,800 |
| Kolkata | ₹87,100 | ₹79,850 |
| Chennai | ₹87,350 | ₹80,000 |
| Bangalore | ₹87,180 | ₹79,950 |
| Hyderabad | ₹87,150 | ₹79,920 |
| Ahmedabad | ₹87,120 | ₹79,890 |
| Pune | ₹87,070 | ₹79,820 |
(Note: Prices are subject to fluctuations based on market conditions and regional factors.)
Silver Prices Hold Steady Amid Market Uncertainty
Unlike gold, silver prices remained unchanged, trading at ₹99,500 per kilogram. The flat movement in silver suggests a cautious approach among investors, as industrial demand and global cues remain mixed.
Silver Price Outlook
- Industrial demand remains steady, particularly from electronics and renewable energy sectors.
- Investor interest in silver ETFs (Exchange-Traded Funds) has increased, indicating long-term bullish sentiment.
- Fluctuations in the US dollar and global interest rates could influence silver’s price direction in the coming weeks.
Gold Market Outlook: What Lies Ahead?
Gold prices are expected to remain volatile yet upward trending, with key factors influencing future movements:
Global Inflation Trends: Higher inflation often drives gold prices higher as a hedge. Central Bank Gold Purchases: Several central banks, including the Reserve Bank of India (RBI), have been increasing gold reserves, supporting demand. Federal Reserve Rate Decision: Any indication of interest rate cuts could further boost gold prices in the short term. Rupee-Dollar Exchange Rate: A continued weak rupee could push domestic gold prices even higher.
