Gold Prices in India Decline Today on 12th February 2025

Gold prices in India witnessed a decline on 12th February, 2025, reversing the strong upward trend observed in recent sessions. The price of gold dipped below the ₹8,700 mark today. Currently, the rate of 22K gold is ₹7,940 per gram, while 24K gold is priced at ₹8,667 per gram.

Cost of Gold in India Declines Today

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As of 10:33 AM, on 12th February, gold rates across the country have fallen. The price of 24K gold has dropped by ₹71 per gram, whereas 22K gold has seen a decrease of ₹70 per gram. Below is the latest city-wise gold price update:

Gold Price Today in Mumbai: The gold rate in Mumbai today stands at ₹7,940 per gram for 22K gold, while 24K gold is available at ₹8,667 per gram.

Gold Price Today in Chennai: In Chennai, the cost of 22K gold is currently ₹7,940 per gram, whereas 24K gold is valued at ₹8,667 per gram.

Gold Price Today in Bangalore: Bangalore's gold price reflects similar trends, with 22K gold priced at ₹7,940 per gram and 24K gold at ₹8,667 per gram.

Gold Price Today in Hyderabad: Hyderabad gold prices have followed the broader market decline, with 22K gold at ₹7,940 per gram and 24K gold at ₹8,667 per gram.

Gold Price Today in Kerala: In Kerala, gold rates today show 22K gold at ₹7,940 per gram, while 24K gold is available at ₹8,667 per gram.

Gold Price Today in Delhi: The national capital, Delhi, has slightly higher prices, with 22K gold at ₹7,995 per gram and 24K gold at ₹8,682 per gram.

Recent Gold Price Trends in India

Gold prices in India have shown a bullish trend in recent weeks but saw a minor dip today. Here’s how the prices have fluctuated recently:

• February 11: Gold rates surged further, with 22K gold reaching ₹8,060 per gram and 24K gold at ₹8,793 per gram.
• February 10: Prices crossed the ₹87,000 mark for 10 grams, with 22K gold at ₹7,980 per gram and 24K gold at ₹8,706 per gram.
• February 9: No significant price movement was recorded.
• February 8: A marginal rise took 22K gold to ₹7,945 per gram and 24K gold to ₹8,667 per gram.
• February 7: Gold rates remained stable without major fluctuations.
• February 6: Prices reached a new peak, with 22K gold at ₹7,940 per gram and 24K gold at ₹8,667 per gram.

The continuous fluctuations in gold prices are primarily driven by global economic uncertainties and geopolitical tensions. Trade conflicts between major economies, particularly the ongoing trade dispute between the United States and China, have increased demand for gold as a safe-haven investment.

Conclusion

The dip in gold prices today (12th February) signals a temporary break in the upward trend observed over the past few weeks. While gold remains a preferred asset for investors, its prices are subject to various domestic and international influences. As global economic conditions continue to evolve, gold rates in India are likely to see further fluctuations in the coming days. Investors and buyers should stay informed about market trends to make well-timed decisions regarding gold purchases.