Gold Rate Today: Today, on 20 February 2025, there has been a slight rise in the price of gold. The price of 24 carat gold in big cities of the country is crossing Rs 87,600. At the same time, the price of 22 carat gold is trading above Rs 80,300. Silver prices have made a big jump. One kilogram of silver in the country is trading at Rs 1,00,400. Check on Thursday 20 February 2024 gold-silver price.
Due to fall in gold price
There is uncertainty about weakness and interest rates in the international market. Soon new figures of the Consumer Price Index (CPI) are going to be released in the US, which will decide whether the interest rates there will be reduced. Gold prices have also been affected due to the strengthening of the dollar. When the dollar is expensive, buying gold becomes expensive.
In Delhi-Mumbai Price of 24 and 22 carat gold
24 carat gold has become expensive in Delhi. The price here reached Rs 87,810 per 10 grams, while 22 carat gold remains at Rs 80,460 per 10 grams. In Mumbai, the price of 24 carat gold is trading at Rs 87,660 and 22 carat gold at Rs 80,360 per 10 grams. Learn here the price of gold in 4 big cities of the country 20 February 2025.
City name | 22 carat gold rate | 24 carat gold rate |
Delhi | 80,460 | 87,810 |
Chennai | 80,360 | 87,660 |
Mumbai | 80,360 | 87,660 |
Kolkata | 80,360 | 87,660 |
Silver price on 20 February
On February 20, silver cost Rs 1,00,400 per kg. The price of silver has fallen by Rs 100.
How is the price of gold decided?
The price of gold in India varies due to many reasons, such as prices of foreign markets, government tax and rupee fluctuations. Gold is not only for investment, but also an important part of our tradition and festivals. Especially during marriage and festivals, its demand increases, due to which prices also go up.
Bank Holiday: Banks will be closed on Wednesday too, know why RBI has given 12 February holiday