Gold Prices in India Drop Further on 28th February 2025

Gold prices in India have continued their decline on 28th February 2025, marking another consecutive day of a downward trend. As per the latest market updates, the price of 22K gold is now ₹7,960 per gram, while 24K gold is being traded at ₹8,684 per gram.

Cost of Gold in India Declines Today

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As of 10:41 AM on 28th February 2025, gold prices in several major cities across the country have recorded a fall. The price of 22K gold has dropped by ₹50 per gram, whereas 24K gold has declined by ₹54 per gram. Here’s a breakdown of gold prices in different cities:

Gold Price Today in Mumbai: The gold rate in Mumbai has fallen, with 22K gold now priced at ₹7,960 per gram, while 24K gold is trading at ₹8,684 per gram.

Gold Price Today in Chennai: Chennai has also witnessed a decline, with 22K gold priced at ₹7,960 per gram, and 24K gold at ₹8,684 per gram.

Gold Price Today in Bangalore: Bangalore’s gold prices have dropped, with 22K gold at ₹7,960 per gram and 24K gold at ₹8,684 per gram.

Gold Price Today in Hyderabad: Hyderabad’s gold rates have also decreased, with 22K gold now at ₹7,960 per gram and 24K gold at ₹8,684 per gram.

Gold Price Today in Kerala: Kerala has recorded a similar fall, where 22K gold is now ₹7,960 per gram, and 24K gold is ₹8,684 per gram.

Gold Price Today in Delhi: The national capital, Delhi, has slightly higher gold rates compared to other cities, with 22K gold priced at ₹7,975 per gram, and 24K gold at ₹8,699 per gram.

Recent Gold Price Trends in India

Gold prices in India have generally followed an upward trend throughout February, with some fluctuations along the way. Below is an overview of recent gold price movements leading up to 28th February 2025:

• February 28: Gold prices declined, with 22K gold at ₹7,960 per gram and 24K gold at ₹8,684 per gram.
• February 27: Gold prices dropped slightly, with 22K gold at ₹8,010 per gram and 24K gold at ₹8,738 per gram.
• February 26: A minor decline was observed, with 22K gold at ₹8,050 per gram and 24K gold at ₹8,782 per gram.
• February 25: Gold prices increased marginally, with 22K gold at ₹8,075 per gram and 24K gold at ₹8,809 per gram.
• February 24: A small uptick was noted, reaching ₹8,055 per gram for 22K gold and ₹8,787 per gram for 24K gold.
• February 23: Gold rates remained steady with no significant fluctuations.
• February 22: A marginal rise was observed, with 22K gold priced at ₹8,045 per gram and 24K gold at ₹8,777 per gram.

Gold price movements are influenced by several domestic and global factors, including economic policies, interest rate changes, geopolitical tensions, central bank decisions, and investor sentiment.

Conclusion

The decline in gold prices on 28th February 2025 follows recent market fluctuations, with rates softening across major Indian cities. While gold has seen an overall upward trend throughout February, short-term variations continue to be driven by global economic shifts and investor sentiment.

Investors and buyers should stay informed about ongoing price movements and market conditions before making any purchase or investment decisions.