Gold, Silver Prices Today: MCX Silver Up ₹10,000, Gold Gains ₹2,500 on Feb 9
Gold and Silver Rates Today, February 9:
Gold and silver prices in India surged on February 9 amid strong demand. On the Multi Commodity Exchange (MCX), gold jumped by nearly ₹2,500, or 1.61%, to trade at ₹1,57,951 per 10 grams in early Monday trade. Silver saw an even sharper rise, surging ₹10,000 to ₹2,63,828 per kg.
In the retail market, 24-carat gold in Mumbai rose to ₹1,56,930 per 10 grams, while 22-carat gold was priced at ₹1,44,050 per 10 grams. These rates exclude Goods and Services Tax (GST) and making charges. Silver in the spot market was trading around ₹2,65,500 per kg.
Last month, gold touched an all-time high of over ₹1,80,000 per 10 grams, while silver climbed to a record ₹4,20,000 per kg, reflecting heightened global uncertainty and strong investor interest in precious metals.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On February 9?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,44,200 | Rs 1,57,070 |
| Jaipur | Rs 1,44,200 | Rs 1,57,070 |
| Ahmedabad | Rs 1,44,100 | Rs 1,56,970 |
| Pune | Rs 1,44,050 | Rs 1,56,930 |
| Mumbai | Rs 1,44,050 | Rs 1,56,930 |
| Hyderabad | Rs 1,44,050 | Rs 1,56,930 |
| Chennai | Rs 1,44,050 | Rs 1,56,930 |
| Bengaluru | Rs 1,44,050 | Rs 1,56,930 |
| Kolkata | Rs 1,44,050 | Rs 1,56,930 |
What factors affect gold prices in India?
Gold prices in India are influenced by a combination of global and domestic factors. International bullion prices, import duties, taxes, and fluctuations in the rupee against the US dollar play a key role in determining daily rates.
Gold also holds deep cultural and financial significance in India, remaining a preferred investment avenue and an integral part of weddings and festivals. As market conditions continue to shift, investors closely track price movements to navigate volatility and make informed decisions.
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