Gold Rate Today: Today gold is trading above Rs 86,700. After the budget, the price of gold is steadily rising. The price of 24 and 22 carat gold has increased by Rs 300 in the house. In most big cities of the country, the price of 10 grams of gold is above Rs 86,700. Today, on February 8, the result of Delhi Assembly elections has come and the BJP has registered its major victory.
Why gold is getting expensive
Jatin Trivedi, expert of LKP Securities, said that the gold market remains positive. The market is eyeing US non-agricultural payroll and unemployment figures, which can affect the future policies of the Federal Reserve. Gold also saw a boom in the international market. The April -supplying gold futures in the comex market rose $ 13.90 to $ 2,890.60 an ounce.
In Delhi-Mumbai Price of 24 and 22 carat gold
24 carat gold has rose by about Rs 300 in Delhi. The price here reached Rs 86,820 per 10 grams, while 22 carat gold remains at Rs 79,600 per 10 grams. In Mumbai, the price of 24 carat gold is trading at Rs 86,770 and 22 carat gold at Rs 79,450 per 10 grams. Learn here the price of gold in 4 big cities of the country 8 February 2025.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 79,600 | 86,820 |
| Chennai | 79,450 | 86,770 |
| Mumbai | 79,450 | 86,770 |
| Kolkata | 79,450 | 86,770 |
Silver price on 8 February
On Saturday, February 8, the price of silver increased. The price of silver stood at Rs 99,500 per kg. Silver is just a little behind touching a level of Rs 1,00,000.
Gold closed at this price in Delhi on Friday
Gold remained stable at its all -time highest level at Rs 86,070 per 10 grams in the bullion market in the national capital Delhi. According to the All India Bullion Association, gold with 99.9 percent purity has increased to a new level with an increase of Rs 270 for the sixth consecutive day on Thursday. At the same time, gold with 99.5 percent purity also remained stable at Rs 85,670 per 10 grams. Silver prices were also seen stability, and it remained at Rs 96,500 per kg for the second consecutive day.
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