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Gold Rate Today (February 21, 2025): Check the latest rates of yellow metal in major metro cities across India.
Gold Rate Today, 21 February: Latest prices and market updates in India.
Gold rate in India today, February 21, 2025: After the new tariff of US President Donald Trump, there has been a sharp rise in gold prices in the last few weeks amidst increasing trade tension, resting in the spot market in India on Friday. The gold rate in Mumbai fell by Rs 450 to trade at Rs 80,250 per 10 grams for 22 carats. 24-Core gold was also trading less than Rs 87,750. Similarly, on 21 February, 2025, Silver was also being sold at a lower price of Rs 1,00,400 against the previous bandh.
Axis Securities said in its note, “Comex (Commodity Exchange in New York) Gold prices rose to a high time of $ 2,955 in the last session, which operated by extending trade tension after President Donald Trump’s new tariff. However, the metal gains benefits from its peak and settled near $ 2,938, eliminating the session flat. Constant tariff concerns have encouraged safe-hovel demand for the bullion, providing underlying assistance. ,
Even on MCX, bullions were doing less business. In the initial trade, gold was trading at Rs 0.32 per cent at Rs 85,752, while silver was trading up to Rs 96,960 by 0.44 per cent.
ICICI Securities said in its note, “Spot gold prices rose above $ 2950 per ounce for the first time amidst fear of trade war. In addition, the US economic number supported yellow metal to a new height after weakness in US dollar and the decline in the yield of US Treasury. After Treasury Secretary Besant, gold prices eradicated most of their benefits at the end of the session, speculating on the devaluation of gold holdings. ,
There is a wide breakdown of gold prices in major cities (February 21, 2025):
| City | 22k gold (per 10 grams) | 24K gold (10 grams per 10 grams) |
|---|---|---|
| Delhi | 80,300 rupees | 87,550 rupees |
| Mumbai | 80,250 rupees | 87,750 rupees |
| Ahmedabad | 80,300 rupees | 87,600 rupees |
| Hyderabad | 80,250 rupees | 88,100 rupees |
| Jaipur | 80,300 rupees | 87,550 rupees |
| Patna | 80,300 rupees | 87,600 rupees |
| Chennai | 80,250 rupees | 87,550 rupees |
| Kolkata | 80,250 rupees | 87,550 rupees |
Silver Price in India today (February 21, 2025)
Silver prices in the spot market in major Indian cities remained unchanged from Rs 1,00,400 per kg.
What factors affect gold prices in India?
International market rates, imported duties, taxes and exchange rates mainly affect gold prices in India. Together, these factors determine daily gold rates across the country.
In India, gold is deep cultural and financial. It is a preferred investment option and is important for function, especially for weddings and festivals.
With constant changing market conditions, investors and traders monitor the ups and downs. Staying updated is important to effectively navigate dynamic trends.
Known for its unmatched purity, 24-carat gold continues to draw buyers in search of premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless attraction, remains a favorite among enthusiasts and investors, which forms a balance between elegance and practicality.
