Gold and Silver Edge Higher: Latest 22K, 24K Prices on February 25

Gold and silver prices moved higher on February 25, tracking improved demand in the domestic spot market and firm trends in futures trade.

On the Multi Commodity Exchange (MCX), gold futures gained 0.31% to Rs 1,60,460 per 10 grams during early trade. Silver saw sharper buying interest, rising 2.12% to Rs 2,66,263 per kilogram.

Latest spot rates

In Mumbai’s retail market, 24-carat gold was priced at Rs 1,61,890 per 10 grams, while 22-carat gold stood at Rs 1,48,400 per 10 grams. These rates are exclusive of GST and making charges, which vary depending on the jeweller.

Bullion prices have remained volatile in recent weeks. Gold had surged past Rs 1,80,000 per 10 grams last month to hit a record high, while silver touched an all-time peak of Rs 4,20,000 per kilogram before easing.

Key factors influencing prices

Gold prices in India are largely determined by:

• Global market movements: International bullion trends directly impact domestic rates.

• Currency fluctuations: The rupee’s performance against the US dollar affects import costs.

• Import duties and taxes: Government policies play a significant role in pricing.

• Seasonal and investment demand: Weddings, festivals, and safe-haven buying often lift demand.

Given the rapid swings in global and domestic markets, investors and buyers are keeping a close watch on price movements before making fresh purchases.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On February 25?