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Gold Price on Feb 25: Rates Decline Marginally in Metros; Silver Price Increases

Representational Image of Gold

Representational Image of Gold

The cost of one gram of 22-carat gold stood at Rs 4,577 after a fall of Rs 18 from the earlier rate of Rs 4,595.

The gold prices on Thursday, February 25, declined marginally whereas the rate of silver is on a hike. The cost of one gram of 22-carat gold stood at Rs 4,577 after a fall of Rs 18 from the earlier rate of Rs 4,595. Similarly, the price of 10 grams of 22-carat-gold stood at Rs 45,770 after witnessing a decline of Rs 180. According to Good Returns, the rate of 24-carat gold also decreased following the market trend as for 10 grams, the price is Rs 46,770, falling by Rs 180. However, on monitoring the costs you can see that there is always a difference of Rs 1,000 in the rates of 24-carat gold and 22-carat metal.

Following the national trend, the rate of metal also varies in different cities of the country. Know the price of the metal in various cities:

Delhi: In the national capital, the price of 22-carat gold stood at Rs 45,900 per 10 grams. Whereas for buying 10 grams of 24-carat gold one will have to pay Rs 50,090.

Chennai: For 22-carat gold, you will have to pay Rs 44,170 per 10 grams while for 24-carat gold Rs 48,170.

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Kolkata: The cost of 22-carat gold is Rs 46,220 in the city while it is Rs 48,970 for 24-carat gold.

Mumbai: The price of 22-carat gold in Mumbai is Rs 45,770, while you will have to pay Rs 46,770 for 24-carat gold.

International Price of GoldIn the international market, the rate of gold decreased by 0.47 percent to USD 1,796.30 per ounce on Thursday. Similarly, in the last 30 days, the performance of gold has declined by 3.23 percent which is equivalent to USD 59.90.

Silver PricesCompared to the cost of the metal on the previous day, the Silver price has witnessed a rise of Rs 0.10 and is standing at Rs 705.10 per 10 grams on Thursday.

Silver Rates in Metro CitiesYou will have to pay Rs 70,510 for buying silver ornaments or jewellery in Delhi, Mumbai and Kolkata as the rate of one kilogram of the metal is the same in these cities. Whereas, in Chennai and Hyderabad you need to pay more that is Rs 74,400 for the same quantity of metal.