Gold is an important investment and source of jewelery in the Indian market. In today’s time, gold prices are constantly changing, which depend on various economic and global reasons. On 6 February 2025, gold prices are again in discussion as the price of 10 grams 24 carat gold has reached ₹ 50,000. In this article, we will discuss the price of today’s gold, the reason behind them and the possible future trends.
Today’s gold price (Gold Rate Today)
Currently, 24 carats and 22 carat gold prices in India are as follows:
| City | 24 carat (₹/10 grams) | 22 carat (₹/10 grams) |
| Delhi | ₹ 84,110 | ₹ 77,101 |
| Mumbai | ₹ 84,210 | ₹ 77,193 |
| Chennai | ₹ 84,450 | ₹ 77,413 |
| Bengaluru | ₹ 84,270 | ₹ 77,248 |
Note: These rates can change according to market conditions.
Reason behind changes in gold prices
Gold prices depend on many factors. Below are some major reasons:
- Global Economic Uncertainty: Whenever there is economic instability globally, investors choose gold as a safe option.
- Currency exchange rates: Indian rupee and US dollar exchange rate directly affect gold prices. Weak rupee makes gold expensive.
- Policies of central banks: Decisions taken by central banks to control interest rates and inflation also affect prices.
- Demand and Supply: Gold demand increases during the wedding and festivals, causing prices to go up.
- Geopolitical Tensions: Any type of global stress or conflict makes gold a safe investment option.
Gold price trend of last 10 days
Gold prices have seen fluctuations in recent times. The last 10 days of data is given below:
| date | 24 carat (₹/10 grams) | 22 carat (₹/10 grams) |
| 5 February 2025 | ₹ 86,240 | ₹ 79,051 |
| 4 February 2025 | ₹ 84,210 | ₹ 77,210 |
| 3 February 2025 | ₹ 84,050 | ₹ 77,050 |
| 2 February 2025 | ₹ 84,490 | ₹ 77,450 |
| 1 February 2025 | ₹ 84,490 | ₹ 77,450 |
| 31 January 2025 | ₹ 84,330 | ₹ 77,300 |
| 30 January 2025 | ₹ 83,020 | ₹ 76,100 |
| 29 January 2025 | ₹ 82,850 | ₹ 75,950 |
| 28 January 2025 | ₹ 81,930 | ₹ 75,100 |
| 27 January 2025 | ₹ 82,250 | ₹ 75,400 |
Is this the right time to invest?
Gold has always been a safe investment option. At present, when economic uncertainty remains globally and inflation is increasing, investing in gold can be a sensible step.
Noted things before investing:
- Understand market status and prediction.
- Take decisions according to your budget and investment targets.
- Ensure purity – 24 carats are the pure but it is not suitable for jewelery.
How to shop for gold?
- Online platforms: Nowadays you can buy pure gold on many online platforms.
- Shopping from Jewelers: Check hallmarks while shopping from local jewelers.
- Gold ETFs: This is a digital option that is different from traditional shopping.
Gold Price Forecast
Experts believe that gold prices may increase further in the coming months. Interest rates cut and geopolitical stress by the US and other countries can be the main reasons for this.
According to some reports:
- Gold can reach $ 3,300 an ounce by the end of the year.
- In the Indian market, these rates can go up to about ₹ 90,000 per 10 grams.
conclusion
Gold is not only an ornament but also a strong investment option. Currently, its high prices are making it a topic of discussion. However, it is necessary to analyze the market before investing.
Disclaimer:
This article is written only for the purpose of providing information. Consult your financial advisor before investing.
