Gold prices fell further on Valentine’s Day, February 14. This morning, the price of 24 carat gold fell to ₹155,920 per 10 grams in the capital Delhi. In Mumbai, the price is ₹155,770 per 10 grams. Globally, spot gold is trading at $4,968.40 an ounce. The market’s focus is on the upcoming US retail inflation data. A slight reduction in geopolitical tension regarding US-Iran tension and Russia-Ukraine conflict has also reduced the demand for gold and silver as safe haven investments.
Gold rates in some big cities across the country
Gold Prices in Delhi: 24 carat gold price in Delhi is ₹155,920 per 10 grams. The price of 22 carat gold is ₹142,940 per 10 grams.
Mumbai, Chennai and Kolkata: Currently, the price of 22 carat gold in Mumbai, Chennai and Kolkata is ₹142,790 per 10 grams, while the price of 24 carat gold is ₹155,770 per 10 grams.
Rates in Pune and Bengaluru: The price of 24 carat gold in these two cities is ₹155,770 per 10 grams and the price of 22 carat gold is ₹142,790 per 10 grams.
price of silver
Silver also declined on the morning of 14 February. The price is ₹279,900 per kg. The spot price of silver in the international market is $77.30 per ounce. A day earlier, the price of silver in Delhi bullion market had fallen by ₹13,500 or 5.03 percent to ₹255,000 per kg. In January, the price of silver had crossed ₹ 4 lakh.
