Last Updated on February 15, 2025 by IPO Manthan Team
Gold prices in India remained stable on February 15, 2025, with only slight fluctuations observed in some cities. The price of 24K gold stood at around ₹87,170 per 10 grams, while 22K gold was priced at approximately ₹79,910 per 10 grams. Silver prices also remained unchanged at ₹1,00,600 per kg.
Gold Prices in Major Cities
The rates for gold in key cities across India are as follows:
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | ₹80,060 | ₹87,320 |
| Mumbai | ₹79,800 | ₹87,050 |
| Ahmedabad | ₹79,960 | ₹87,220 |
| Hyderabad | ₹79,910 | ₹87,170 |
| Jaipur | ₹80,060 | ₹87,320 |
| Patna | ₹79,850 | ₹87,100 |
| Chennai | ₹79,910 | ₹87,170 |
| Kolkata | ₹79,960 | ₹87,220 |
The prices have seen a marginal rise from the previous day, with 22K gold increasing by ₹40 per gram and 24K gold rising by ₹38 per gram.
Factors Affecting Gold Prices Today on 15th Feb 2025 in India
Several factors contribute to the daily fluctuation in gold prices.
1. International Market Trends
Gold prices are influenced by global demand and supply, along with trends in international markets. Any changes in gold prices on the global level directly impact rates in India.
2. US Dollar Value
Gold and the US dollar generally share an inverse relationship. When the dollar weakens, gold prices tend to rise. A stronger dollar, on the other hand, results in lower gold prices.
3. Demand for Gold in India
India is one of the largest consumers of gold, especially in the jewelry sector. Festive seasons and weddings often see an increase in demand, pushing prices up. Gold is also widely used in industrial applications and gold-backed investments like ETFs.
4. Central Bank Gold Reserves
Many central banks, including the Reserve Bank of India, invest in gold to diversify their reserves. Increased buying activity by central banks can lead to a rise in gold prices.
5. Interest Rates
Gold prices and interest rates usually move in opposite directions. Lower interest rates make gold a more attractive investment, while higher interest rates often push investors towards interest-bearing assets.
6. Geopolitical and Economic Uncertainty
Uncertain geopolitical conditions and economic crises often drive investors towards gold as a safe-haven asset. During such times, gold prices tend to rise due to increased demand.
Gold Price Trends in Recent Days
The gold prices today on 15th Feb 2025 in India show stability after witnessing minor fluctuations earlier in the month.
| Date | 22K Gold (per gram) | 24K Gold (per gram) |
|---|---|---|
| Feb 13, 2025 | ₹7,940 | ₹8,667 |
| Feb 14, 2025 | ₹7,980 | ₹8,705 |
| Feb 15, 2025 | ₹7,991 | ₹8,717 |
These slight changes indicate a steady market with no major shifts in gold prices.
Future Outlook for Gold Prices
Gold prices today on 15th Feb 2025 in India suggest a stable trend, but upcoming economic policies, interest rate changes, and geopolitical events may lead to fluctuations. Investors and buyers should keep an eye on international gold rates and currency movements before making any decisions.
For now, gold remains a favored asset for investment and jewelry, with its value holding steady despite global uncertainties.