Gold prices fell on Monday, the first day of the week. On the morning of February 16, the price of 24 carat gold in the capital Delhi fell to ₹ 157,890 per 10 grams. In Mumbai this price was ₹157,740 per 10 grams. On Friday, gold prices fell by ₹2,400 or 1.5 per cent to ₹1,58,500 per 10 grams in the Delhi bullion market.
Gold rates in some big cities of the country
Gold Price in Delhi: 24 carat gold price in Delhi is ₹157,890 per 10 grams. The price of 22 carat gold is ₹144,740 per 10 grams.
City 22 Karat Gold Rate Today (₹) 24 Karat Gold Rate Today (₹) Delhi 144740 157890 Mumbai 144590 157740 Ahmedabad 144640 157790 Chennai 144590 157740 Kolkata 144590 157740 Hyderabad 144590 157740 Jaipur 144740 157890 Bhopal 144640 157790 Lucknow 144740 157890 Chandigarh 144740 157890
Mumbai, Chennai and Kolkata: Currently, the price of 22 carat gold in Mumbai, Chennai and Kolkata is ₹144,590 per 10 grams, while the price of 24 carat gold is ₹157,740 per 10 grams.
Rates in Pune and Bengaluru: The price of 24 carat gold in these two cities is ₹157,740 per 10 grams and the price of 22 carat gold is ₹144,590 per 10 grams.
Talking about the global market, spot gold is above $5,000 per ounce. JPMorgan estimates that the price of gold will reach $6,300 an ounce by the end of 2026. Ajay Chawla, Managing Director (MD) of Titan Company, says that customers are now buying gold, taking every fall in the price as an opportunity, just like stock investors. He acknowledged that gold prices continue to fluctuate, but demand remains strong.
price of silver
Silver also declined on the morning of 16 February. The price is ₹274,900 per kg. The spot price of silver in the international market is $77.30 per ounce. On Friday, silver prices fell by ₹13,500, or 5.03 per cent, to ₹255,000 per kg in the Delhi bullion market. In January, silver prices had crossed the ₹4 lakh mark.