Gold and silver prices are constantly fluctuated. On 9 February 2025, there has been a fall in gold and silver prices, causing a stir in the market. This news is special for those who are planning to invest in gold and silver or buy jewelery. People have been excited to buy it due to the fall in gold and silver prices.
In this article, we will give you information related to the fresh sense of gold and silver, their types, and purity. Also, we will also tell what are the prices of today in different cities.
Today’s gold and silver price (Gold and Silver Price Today)
Gold and silver prices mainly depend on their purity (carat) and market demand. Today, on 9 February 2025, the prices of 22 carats and 24 carat gold have decreased. At the same time, the price of silver has also come down slightly.
Summary of gold and silver prices
Description | Price (Rs) |
24 carat gold (10 grams) | ₹ 86,620 |
22 carat gold (10 grams) | ₹ 79,600 |
18 carat gold (10 grams) | ₹ 65,130 |
Silver (1 kg) | ₹ 99,500 |
City-Wise Gold Price in different cities
Gold prices may be slightly different in different cities of India. In the table below, the prices of major cities are mentioned:
City name | 22 carat (₹) | 24 carat (₹) |
Delhi | ₹ 79,600 | ₹ 86,620 |
Mumbai | ₹ 79,490 | ₹ 86,670 |
Chennai | ₹ 79,450 | ₹ 86,770 |
Kolkata | ₹ 79,490 | ₹ 86,670 |
Jaipur | ₹ 79,600 | ₹ 86,620 |
Silver Price Today
Silver prices have also decreased slightly today. The price of 1 kg silver is running around ₹ 99,500. In some major cities this rate is as follows:
- Delhi: ₹ 99,500
- Mumbai: 199,500
- Chennai: ₹ 1,07,000
- Jaipur: ₹ 99,500
What is a gold hallmark? (What is Gold Hallmark?)
Gold Hallmark certifies the purity of gold. It is issued by the Bureau of Indian Standards (BIS). With the hallmark number you can find the quality of gold:
- 24 carat: 999 (99.9% pure)
- 22 carat: 916 (91.6% pure)
- 18 carat: 750 (75% pure)
Whenever you buy jewelery, check the hallmark so that you are confident of purity.
Gold demonstration in futures market
Gold prices also saw a stir on the Multi Commodity Exchange (MCX). On Friday, April delivery contract gained 0.12% and reached ₹ 84,545 per 10 grams. Experts say that fresh deals have encouraged this growth.
What to do when the price decreases?
If you are thinking of buying gold or silver, then this time can be good. But keep some things in mind:
- Always buy hallmark jewelery.
- Confirm the rates from the local bullion market.
- Keep in mind the additional costs like making charge and GST.
FAQS: Frequently Asked Questions
1. Will it be right to buy gold today?
Yes, if you are planning an investment or jewelery shopping, then today may be the right day because the prices are falling.
2. Does 24 carat gold make jewelery?
No, 24 carat gold is very soft, so it does not make jewelery. Most jewelery is made from gold of 22 carats or less purity.
3. How to check that gold is real?
See hallmark number on gold and ask for BIS certificate.
conclusion
The fall in gold and silver prices on 9 February 2025 attracted customers. This time can be beneficial for those who want to invest or buy jewelery. However, always be cautious and take a decision keeping in mind the market situation.
Disclaimer:
This article is written only for the purpose of giving information. Please contact your local bullion market for accurate rates and other details.