Gold Rate Today: Today, on Wednesday 26 February, the whole country is making the festival of Mahashivaratri. On the day of Mahashivaratri, the price of gold increased. Today, the price of 24 carat gold has become expensive by Rs 200. At the same time, the price of 22 carat gold has climbed up to Rs 220. In big cities of the country, 24 carat gold prices are trading around Rs 88,200 and 22 carat gold around Rs 80,700. Check today’s gold-silver price.
Why the price of gold came up
The main reason for the increase in gold prices is the fall in the rupee and uncertainty in the global markets. When the value of the rupee is weak, the import of gold in India becomes expensive, which increases its prices. Apart from this, there is an increase in demand for gold during festivals like Mahashivratri, which increases its prices in the market. There is also more demand from investors as a safe haven of gold, which leads to its price up.
Apart from this, gold prices are also increasing rapidly in the international market. Investors are cautious about economic uncertainty in the US and other developed countries, changes in interest rates, and upcoming policies of the Federal Reserve. For this reason, they consider it more secure to invest in gold instead of the stock market, due to which its prices are constantly jumping.
In Delhi-Mumbai Gold price
There was a slight rise of 24 carat gold in Delhi. The price here reached Rs 88,250 per 10 grams, while 22 carat gold remains at Rs 80,910 per 10 grams. In Mumbai, the price of 24 carat gold is trading at Rs 80,760 and 22 carat gold at Rs 80,760 per 10 grams. Learn here the price of gold on February 26, 2025 in 4 big cities of the country.
City name | 22 carat gold rate | 24 carat gold rate |
Delhi | 80,910 | 88,250 |
Chennai | 80,760 | 88,100 |
Mumbai | 80,760 | 88,100 |
Kolkata | 80,760 | 88,100 |
Silver price
On 26 February, the price of silver is at Rs 1,00,900 per kg. Today the price of silver fell by Rs 100.
How is the price of gold decided?
The price of gold in India varies due to many reasons, such as foreign market prices, government tax and change in the price of rupee against the dollar. Gold is not just a source of investment, but is also an important part of our traditions and festivals. Especially during marriage and festivals, its demand increases, due to which its price also increases. Right now the wedding season is going on in the country.
Mahashivratri Holiday: In the stock market, NSE and BSE today due to Mahashivratri