Gold Prices in India Cross ₹8,800 per gram Today on 20th February 2025

Gold rates in India today, on 20th February have surged further, surpassing the ₹8,800 per gram threshold. This marks the highest gold price recorded in February so far. As per the latest updates, the price of 22K gold stands at ₹8,070 per gram, whereas 24K gold is now valued at ₹8,804 per gram.

Cost of Gold in India Surge Higher

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As of 09:53 AM on 20th February 2025, gold prices have increased across various cities in India. The rate of 24K gold has risen by ₹39 per gram, while 22K gold has gone up by ₹35 per gram. Here’s a breakdown of the updated gold prices in major cities:

Gold Price Today in Mumbai: The cost of 22K gold in Mumbai stands at ₹8,070 per gram, while 24K gold is priced at ₹8,804 per gram.

Gold Price Today in Chennai: Chennai has witnessed 22K gold priced at ₹8,070 per gram, whereas 24K gold costs ₹8,804 per gram.

Gold Price Today in Bangalore: The gold rates in Bangalore align with the national trend, with 22K gold at ₹8,070 per gram and 24K gold at ₹8,804 per gram.

Gold Price Today in Hyderabad: Hyderabad reflects similar figures, with 22K gold available at ₹8,070 per gram and 24K gold at ₹8,804 per gram.

Gold Price Today in Kerala: The latest gold rates in Kerala show that 22K gold is at ₹8,070 per gram, while 24K gold is priced at ₹8,804 per gram.

Gold Price Today in Delhi: In the national capital, Delhi, gold rates differ slightly, with 22K gold available at ₹8,085 per gram and 24K gold priced at ₹8,819 per gram.

Recent Gold Price Trends in India

Gold prices in India have maintained an upward momentum throughout February, with occasional fluctuations. Here’s a recap of recent gold price movements leading up to 20th February 2025:

• February 19: Gold prices continued to rise, with 24K gold reaching ₹8,765 per gram and 22K gold at ₹8,035 per gram.
• February 18: A moderate increase was noted, with 22K gold at ₹7,970 per gram and 24K gold at ₹8,695 per gram.
• February 17: Gold rates climbed further, with 22K gold at ₹7,940 per gram and 24K gold at ₹8,662 per gram.
• February 16: Prices remained relatively stable without significant changes.
• February 15: A notable dip was recorded, bringing 22K gold to ₹7,890 per gram and 24K gold to ₹8,607 per gram.

Gold rates in India are driven by multiple global and domestic factors, including international economic trends, geopolitical events, central bank policies, and investor demand. The exchange rate of the Indian rupee against the US dollar also plays a significant role in determining price fluctuations.

In February, gold prices have generally been on an upward trajectory. The highest gold price recorded this month was on 20th February, with 22K gold at ₹8,070 per gram and 24K gold at ₹8,804 per gram. Conversely, the lowest prices were noted on 3rd February, with 22K gold at ₹7,705 per gram and 24K gold at ₹8,405 per gram.

Conclusion

The surge in gold prices in India today, (20th February) highlights the ongoing bullish trend in the precious metal market. Investors and buyers are closely monitoring fluctuations as global factors continue to influence domestic gold rates. With prices reaching record highs in February, gold remains a crucial asset for investment and wealth preservation.