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    Gold Crosses Rs 1.60 Lakh, Silver Prices Jump 6%: Check 22K And 24K Rates In Your City On February 23 | Savings and Investments News

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    Gold and Silver Rates Today, February 23: In Mumbai, the price of 24-carat gold increases to Rs 1,61,350 per 10 grams, while 22k gold is available at Rs 1,47,900 per 10 grams.

    Gold & Silver Prices On February 23.

    Gold & Silver Prices On February 23.

    Gold and Silver Rates Today, February 23: Gold and silver prices in India rose on February 23 on higher demand in the spot market. On the MCX, the price of gold rose 2.04% to trade at Rs 1,60,079 per 10 grams in the early trade on Monday, while silver jumped 5.99% to Rs 2,68,093 per kg.

    In the spot market, in Mumbai, the price of 24-carat gold increased to Rs 1,61,350 per 10 grams, while 22k gold was available at Rs 1,47,900 per 10 grams. These rates do not include GST and making charges.

    Last month, gold touched its all-time high of over Rs 1,80,000, while silver prices hit a record Rs 4,20,000.

    What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On February 23?

    City 22K Gold (per 10gm) 24K Gold (per 10gm)
    Delhi Rs 1,48,050 Rs 1,61,500
    Jaipur Rs 1,48,050 Rs 1,61,500
    Ahmedabad Rs 1,47,950 Rs 1,61,400
    Pune Rs 1,47,900 Rs 1,61,350
    Mumbai Rs 1,47,900 Rs 1,61,350
    Hyderabad Rs 1,47,900 Rs 1,61,350
    Chennai Rs 1,47,900 Rs 1,61,350
    Bengaluru Rs 1,47,900 Rs 1,61,350
    Kolkata Rs 1,47,900 Rs 1,61,350

    What Factors Affect Gold Prices In India?

    International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

    In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

    With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

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