Gold Rate: After closing at an all-time high for three consecutive days, the price of gold fell today (Thursday, February 6). According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 44 to close at Rs 84,613.
Earlier yesterday i.e. on February 5, gold was at an all-time high of Rs 83,657 per ten grams. Today also it opened at an all-time high of Rs 15. Here, a decline was seen in the price of silver.
The price of 1 kg silver came down by Rs 663 from yesterday’s price to Rs 94,762 per kg. Yesterday the price of silver was Rs 95,425 per kg. Silver had made its all-time high on 23 October 2024, when it reached Rs 99,151 per kg.
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Gold Rate: From January 1 till now, gold has become costlier by ₹8,030 and silver by ₹8,707
This year, i.e. from January 1 till now, the price of 10 grams of 24 carat gold has increased from Rs 76,583 to Rs 8,030 and reached Rs 84,613. At the same time, the price of silver has also increased from Rs 86,055 per kg to Rs 94,762 by Rs 8,707.
Gold price in 4 metros and Bhopal
Delhi: The price of 10 grams of 22 carat gold is Rs 79,450 and the price of 10 grams of 24 carat gold is Rs 86,660.
Mumbai: The price of 10 grams of 22 carat gold is Rs 79,300 and the price of 10 grams of 24 carat gold is Rs 86,510.
Kolkata: The price of 10 grams of 22 carat gold is Rs 79,300 and the price of 10 grams of 24 carat gold is Rs 86,510.
Chennai: The price of 10 grams of 22 carat gold is Rs 79,300 and the price of 10 grams of 24 carat gold is Rs 86,510.
Bhopal: The price of 10 grams of 22 carat gold is Rs 79,350 and the price of 10 grams of 24 carat gold is Rs 86,560.
Gold Rate: 4 reasons for the rise in gold
Geopolitical tensions have increased due to Trump becoming the President of America.
Gold is becoming expensive due to the weakening of the rupee against the dollar.
The price of gold is also getting support from rising inflation.
People are increasing investment in gold due to increasing fluctuations in the stock market.
Gold Rate: Gold gave a return of 20% and silver 17% in 2024
Last year, the price of gold increased by 20.22%. At the same time, the price of silver increased by 17.19%. On January 1, 2024, gold was at Rs 63,352 per 10 grams, which reached Rs 76,162 per 10 grams on December 31, 2024. During this period, the price of one kg of silver increased from Rs 73,395 per kg to Rs 86,017 per kg.
Also Read: RBI Repo Rate: RBI May Cut Repo Rate by 0.25%, Announcement May Be Made on 7 February
