Gold prices have increased on February 5, 2025, both in India and international markets, gaining over 0.50%. This rise is attributed to central banks extending their gold-buying spree for the 15th consecutive year in 2024, pushing total demand for gold to a record-high annual level, according to the World Gold Council. With no signs of slowing down, central banks continue their strong appetite for the precious metal.
In the international market, spot gold increased by 0.55%, reaching $2,858.47 per ounce as of 11:50 PM, marking a fresh all-time high on February 5, 2025.
In India, gold prices have risen by ₹470 in major metro cities. In Mumbai, the price of 24-carat gold is ₹8,421 per gram, while 22-carat gold is priced at ₹7,719 per gram. The 10-gram price of 24-carat gold stands at ₹84,210, reflecting an increase of ₹480 as of 11:50 PM. Similarly, in Delhi, 22-carat gold is trading at ₹77,101 per 10 grams, whereas 24-carat gold is priced at ₹84,110 per 10 grams.
Here is a detailed breakdown of gold prices as of February 5, 2025:
City | 24 Carat Gold (per 10gm in ₹) | 22 Carat Gold (per 10gm in ₹) |
Chennai | 84,450 | 77,413 |
Hyderabad | 84,340 | 77,312 |
Delhi | 84,110 | 77,101 |
Mumbai | 84,210 | 77,193 |
Bangalore | 84,270 | 77,248 |
City | Silver Rate in ₹/KG |
Mumbai | 95,990 |
Delhi | 95,970 |
Kolkata | 95,870 |
Chennai | 96,270 |
Gold Prices: 22-carat and 24-carat gold prices increased in India and international spot gold hit an all-time high.
Silver Prices: Silver rates increased across major cities.
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Published on: Feb 5, 2025, 2:45 PM IST
Team Angel One
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