New Delhi, February 5: After a brief dip over the past two days, gold prices in the Indian bullion market have witnessed a sharp surge, pushing 24-carat gold past ₹85,000 per 10 grams and 22-carat gold above ₹78,000 per 10 grams. The price hike ranges between ₹1,070 to ₹1,170 per 10 grams, reflecting strong momentum in the domestic gold market.
As a result, most major bullion markets across the country are trading 24-carat gold between ₹85,210 and ₹85,360 per 10 grams, while 22-carat gold is priced between ₹78,110 and ₹78,260 per 10 grams.
However, silver prices have fallen by ₹900 per kilogram, bringing the metal’s price to ₹98,400 per kg in the Delhi bullion market.
City-Wise Gold Prices in Major Markets
Delhi:
- 24-Carat Gold: ₹85,360 per 10 grams
- 22-Carat Gold: ₹78,260 per 10 grams
Mumbai:
- 24-Carat Gold: ₹85,210 per 10 grams
- 22-Carat Gold: ₹78,110 per 10 grams
Ahmedabad:
- 24-Carat Gold: ₹85,260 per 10 grams
- 22-Carat Gold: ₹78,160 per 10 grams
Chennai:
- 24-Carat Gold: ₹85,210 per 10 grams
- 22-Carat Gold: ₹78,110 per 10 grams
Kolkata:
- 24-Carat Gold: ₹85,210 per 10 grams
- 22-Carat Gold: ₹78,110 per 10 grams
Lucknow:
- 24-Carat Gold: ₹85,360 per 10 grams
- 22-Carat Gold: ₹78,260 per 10 grams
Patna:
- 24-Carat Gold: ₹85,260 per 10 grams
- 22-Carat Gold: ₹78,160 per 10 grams
Jaipur:
- 24-Carat Gold: ₹85,360 per 10 grams
- 22-Carat Gold: ₹78,260 per 10 grams
Gold Prices Surge Across Karnataka, Telangana & Odisha
Similar trends have been observed in Karnataka, Telangana, and Odisha, where gold prices have risen sharply. The capital cities of these states—Bengaluru, Hyderabad, and Bhubaneswar—are witnessing:
- 24-Carat Gold: ₹85,210 per 10 grams
- 22-Carat Gold: ₹78,110 per 10 grams
Market Trends: Rising Demand Driving Gold Prices Higher
The latest surge in gold prices can be attributed to increased demand in the domestic and international markets, as well as global economic uncertainties influencing gold as a safe-haven asset. With the wedding and festive season in full swing, demand for gold remains strong in India, further supporting the price rally.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
