Gold Rate And Silver Price Today on February 19, 2025: Check latest Rates in Your City
As of February 19, 2025, gold prices in India have experienced a modest increase. The price of 24-carat gold is ₹8,713.3 per gram, reflecting an increase of ₹330. For 22-carat gold, the rate is ₹7,988.3 per gram, up by ₹300. Over the past week, 24-carat gold has seen a fluctuation of 0.7%, while over the last month, there’s been a decrease of 5.59%.
Silver prices remain stable, with the current rate at ₹103,500 per kilogram.
In the international market, COMEX gold is trading around $2,944 per troy ounce, with spot gold at approximately $2,927.57 per ounce.
For those interested in gold investments, the SPDR Gold Shares ETF (GLD) is currently priced at $270.70, reflecting an increase of $4.37 (0.016%) from the previous close.
Gold Prices in SrinagarSrinagar, a key city in the northern region of India, has slightly higher gold rates compared to other major cities.
The current gold rates in Srinagar are:
- 22-Karat Gold: Rs 8,070 per gram
- 24-Karat Gold: Rs 8,474 per gram
Indian Major Cities Gold Rates Today (1 gram)
| City | 22K Today | 24K Today | 18K Today |
|---|---|---|---|
| Chennai | ₹8,035 | ₹8,765 | ₹6,610 |
| Mumbai | ₹8,035 | ₹8,765 | ₹6,574 |
| Delhi | ₹8,045 | ₹8,780 | ₹6,582 |
| Kolkata | ₹8,035 | ₹8,765 | ₹6,574 |
| Bangalore | ₹8,035 | ₹8,765 | ₹6,574 |
| Hyderabad | ₹8,035 | ₹8,765 | ₹6,574 |
| Kerala | ₹8,035 | ₹8,765 | ₹6,574 |
| Pune | ₹8,035 | ₹8,765 | ₹6,574 |
| Vadodara | ₹8,040 | ₹8,770 | ₹6,578 |
| Ahmedabad | ₹8,040 | ₹8,770 | ₹6,578 |
The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller.
Why Are Gold Prices Rising?
Gold prices in India have been on a consistent rise due to various economic factors. Some key reasons include:
- Inflation and Global Economic Trends Gold is considered a hedge against inflation, making it a preferred choice for investors during times of economic uncertainty.
- Demand and Supply Dynamics Increased demand for gold in jewelry, investments, and industrial applications directly influences prices.
- International Market Influence Gold rates in India are affected by international market trends, including U.S. dollar strength, global geopolitical tensions, and changes in central bank policies.
- Stock Market Volatility Investors often turn to gold as a safe asset when the stock market experiences fluctuations, pushing up its demand and price.
Investment Opportunities in Gold
Apart from physical gold, investors can explore various options such as:
- Gold Exchange-Traded Funds (ETFs) like the SPDR Gold Shares ETF (GLD), which is currently trading at $270.70 per unit.
- Sovereign Gold Bonds (SGBs) issued by the Government of India.
- Gold Mutual Funds, which invest in gold-related assets.
Conclusion
Gold continues to be a reliable investment, with prices showing an upward trend across major cities in India. Whether you’re looking to invest in physical gold or explore financial instruments like ETFs and SGBs, keeping track of current rates and market trends is essential.
For the most accurate and up-to-date rates, always refer to reliable financial sources before making any investment decisions.
Disclaimer: Gold prices are subject to market fluctuations and may vary based on location and vendor. Always check with authorized dealers before making any purchases.