New Delhi l
Gold prices in India saw a slight decline today as investors booked profits after recent record highs. On the Multi Commodity Exchange (MCX), gold futures for April delivery fell by ₹310 (0.35%) to ₹85,715 per 10 grams. The lowest price during the session touched ₹85,690, with minor fluctuations afterward.
Gold Prices in Major Indian Cities
According to Goodreturns, here are the latest gold prices per gram in major Indian cities as of February 21, 2025:
City | 22K Gold Price (per gram) | 24K Gold Price (per gram) |
---|---|---|
Chennai | ₹7,970 | ₹8,695 |
Mumbai | ₹7,970 | ₹8,695 |
Delhi | ₹7,985 | ₹8,710 |
Kolkata | ₹7,970 | ₹8,695 |
Bangalore | ₹7,970 | ₹8,695 |
Hyderabad | ₹7,970 | ₹8,695 |
Kerala | ₹7,970 | ₹8,695 |
Pune | ₹7,970 | ₹8,695 |
Vadodara | ₹7,975 | ₹8,700 |
Ahmedabad | ₹7,975 | ₹8,700 |
Gold Prices May Continue to Rise in 2025
Despite today’s dip, experts predict that gold will continue its upward trend throughout 2025. A Metals Focus report forecasts that gold could reach $3,000 per ounce by mid-year, driven by:
✅ Increased gold purchases by central banks
✅ Expected interest rate cuts by the U.S. Federal Reserve
✅ Gold’s appeal as a safe-haven investment amid global tensions
Gold has already gained 31.6% this year, repeatedly breaking records. Silver prices recently hit an all-time high and eased slightly today.
Should You Buy Gold Now?
For Indian investors and families, gold remains a trusted asset and an important part of wedding and festival shopping. While short-term price fluctuations happen, analysts suggest that long-term investors should consider buying on dips.
With rising inflation, global uncertainties, and strong market demand, gold prices in India are expected to maintain their upward momentum in the coming months.