Gold Rate Today: Gold has crossed Rs 86,000. After the budget, the price of gold is steadily rising. Today gold has become expensive on Friday, 7 February. The price of 24 and 22 carat gold has increased by Rs 400 in the house. In most big cities of the country, the price of 10 grams of gold is above Rs 86,500.
Why are gold crossing 86000 rupees?
Due to international market fluctuations and changes in US policies, people are considering gold as safe investment, which is increasing its price. Experts say that if interest rates are low and the market remains uncertain, gold can be more expensive. The demand for gold during marriage and festivals in India increases, which may increase its price in the coming months.
In Delhi-Mumbai Price of 24 and 22 carat gold
24 carat gold has gained around Rs 400 in Delhi. The price here reached Rs 86,670 per 10 grams, while 22 carat gold remains at Rs 79,460 per 10 grams. In Mumbai, the price of 24 carat gold is trading at 86,520 and 22 carat gold at Rs 79,310 per 10 grams. Learn here the price of gold in 4 big cities of the country 7 February 2025.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 79,460 | 86,670 |
| Chennai | 79,310 | 86,520 |
| Mumbai | 79,310 | 86,520 |
| Kolkata | 79,310 | 86,520 |
Silver price on 7 February
On Friday 7 February, the price of silver rose. The price of silver has come to Rs 99,400 per kg. Silver is just slightly behind to touch a level of Rs 1,00,000.
How is the price of gold decided in the country?
The price of gold in India varies due to many reasons, such as international market prices, government tax and rupee fluctuations. Gold is not just a means of investment, but also an important part of our culture. It also increases its price due to increasing demand and increasing demand during festivals. People consider it a safe investment, so the change in its price directly affects the pockets of the common people.
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