Gold Prices in India Hold Steady Today on 7th February 2025

Gold prices in India remain unchanged today, February 7, 2025, following a record surge in the previous session. At present, 22K gold is valued at ₹7,930 per gram, while the price of 24K gold stands at ₹8,651 per gram. The rates observed yesterday were the highest recorded in both January and February this year.

Cost of Gold in India Remains Unchanged

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As of 11:20 AM, gold rates have shown no fluctuation compared to the previous day. Below is a detailed city-wise breakdown of gold prices across key locations in India:

Gold Price Today in Mumbai: In Mumbai, 22K gold is priced at ₹7,930 per gram, while 24K gold holds at ₹8,651 per gram.

Gold Price Today in Chennai: Chennai also records 22K gold at ₹7,930 per gram, with 24K gold at ₹8,651 per gram.

Gold Price Today in Bangalore: Gold rates in Bangalore mirror those of Mumbai, with 22K gold available at ₹7,930 per gram and 24K gold at ₹8,651 per gram.

Gold Price Today in Hyderabad: The gold prices in Hyderabad are in line with other metro cities, standing at ₹7,930 per gram for 22K gold and ₹8,651 per gram for 24K gold.

Gold Price Today in Kerala: The southern state of Kerala also sees 22K gold at ₹7,930 per gram, while 24K gold is priced at ₹8,651 per gram.

Gold Price Today in Delhi: The national capital reflects slightly higher prices, with 22K gold at ₹7,945 per gram, and 24K gold maintaining ₹8,666 per gram.

Recent Gold Price Trends in India

Gold rates have displayed a consistent upward trajectory since the start of the year. While prices remain stable today, here’s a look at the recent price movements:

• February 6: Gold prices hit record levels with 22K gold at ₹7,930 and 24K gold at ₹8,651.
• February 5: Prices surpassed the ₹86,000 mark for 100 grams, with 22K gold at ₹7,905 and 24K gold at ₹8,624.
• February 4: A sharp increase saw 22K gold at ₹7,810 per gram, while 24K gold was ₹8,624 per gram.
• February 3: A slight dip was recorded, bringing 22K gold to ₹7,705 per gram, and 24K gold to ₹8,405 per gram.
• February 2: Prices remained mostly stable without major fluctuations.
   

Since early January, gold prices have risen notably from their initial levels of ₹7,150 per gram for 22K gold and ₹7,800 per gram for 24K gold.

Factors Driving the Surge in Gold Prices

The consistent uptrend in gold prices is primarily fueled by global uncertainties and economic challenges. Geopolitical tensions, particularly ongoing trade disputes between the United States and China, have led investors to favor gold as a safe-haven asset. Additionally, inflation concerns and central bank policies worldwide have contributed to the bullish trend in gold prices.

Conclusion

Gold prices in India have maintained their record-high levels today (February 7), following a strong rally in recent weeks. With rising global economic uncertainties and strong investor interest, gold remains a preferred investment option. Investors should continue to monitor international developments and market trends, as they play a significant role in determining future gold price movements.