Friday, July 11, 2025

Gold slips from high after a low rate of US fed chair reduced rates: Check rates in your city on February 12 – News18


Last update:

Gold Rate Today (12 February 2025): At MCX, Gold Futures was trading 0.70 percent less in the market for 10 grams per 10 grams per 10 grams per 10 grams.

Gold Rate Today: Latest prices and market updates in India.

Gold rate in India today: On Monday, February 12, Gold and Silver, US Fed President Jerome Powell saw a sold-off globally. The gold rate in Mumbai was trading less than Rs 710 per 10 grams per 10 grams per 10 grams for 24 carats, while the price of 22 carat was Rs 79,400 per 10 grams.

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.

On MCX, Gold in Futures Market was trading 0.70 percent less at Rs 84,927 per 10 grams. Silver was reduced by 0.39 percent for Rs 94,201 per kg in morning trade, by 10:04 pm.

There is a wide breakdown of gold prices in major cities (February 12, 2025):

City22k gold (per 10 grams)24K gold (10 grams per 10 grams)
Delhi79,550 rupees86,820 rupees
Mumbai79,400 rupees86,670 rupees
Chennai79,400 rupees86,670 rupees
Kolkata79,400 rupees86,670 rupees

Silver Price in India today (February 12, 2025)

On the other hand, silver prices remain Rs 99,500 per kg in the spot market in major Indian cities.

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.



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