- Gold prices rose by Rs 1,000 to Rs 1.59 lakh per 10 grams this week in India
- Silver prices increased by Rs 10,000 to Rs 2.63 lakh per kilogram, according to India Bullions
- Gold futures for April dropped 0.46% and silver futures for March fell 0.86% on MCX
Gold and silver prices have continued to rise this week. Silver prices increased by Rs 10,000 to Rs 2.63 lakh per kg, while gold increased by Rs 1,000 to Rs 1.59 lakh per 10 grams, according to India Bullions.
On the Multi Commodity Exchange (MCX), gold futures for April were down by Rs 725, a fall of 0.46 per cent, while silver futures for March dropped by Rs 2,259, down 0.86 per cent as on 12 February, 9.20 am.
April gold futures were at Rs 157,980 per 10 grams. Silver futures for March fell slightly to Rs 260,675 per kilogram.
In international markets, gold slipped slightly after strong US jobs data lowered the chances of a quick interest rate cut by the Federal Reserve. Spot gold fell 0.4 per cent to $5,065.56 an ounce, while silver dropped 0.8 per cent to $83.60.
Gold Price Today (February 12)
- 24K Gold: Rs 15,975 per gram (+Rs 82)
- 22K Gold: Rs 14,645 per gram (+Rs 75)
- 18K Gold: Rs 11,985 per gram (+Rs 61)
Gold Prices In Major Cities (10 grams)
- Mumbai: Rs 1,58,640
- Kolkata: Rs 1,58,430
- Delhi: Rs 1,58,360
- Chennai: Rs 1,59,100
- Hyderabad: Rs 1,58,890
- Bengaluru: Rs 1,58,760
Silver Prices In Major Cities (per kg)
- Mumbai: Rs 2,63,270
- Delhi: Rs 2,62,820
- Chennai: Rs 2,64,040
- Hyderabad: Rs 2,63,690
Silver 925 (sterling silver) is priced at Rs 2,89,000 per kg.
Gold and silver prices in India are influenced by global gold trends, the US Dollar, and domestic demand, especially ahead of festivals.
