On Tuesday, February 4, gold prices remained above ₹84,000 per 10 grams across major cities in India, supported by a correction in the US dollar and a recovery in global gold prices. The US dollar weakened by 0.3%, dipping below 109, following US President Donald Trump’s decision to delay tariffs on Mexico and Canada, which boosted buying interest in the precious metal. Gold regained $2,800 an ounce globally, aiding domestic prices.
In India, 24K gold in Delhi was priced at ₹84,190 per 10 grams, while 22K gold was at ₹77,190. In Mumbai, 24K gold was at ₹84,040 per 10 grams, with 22K gold priced at ₹77,040. Gold prices in other cities like Chennai and Kolkata mirrored these rates, with slight variations.
On the other hand, silver prices eased by ₹100 to ₹99,400 per kilogram in India, primarily due to weak domestic demand. Despite firm global trends, silver continued to face pressure from sluggish industrial demand in local markets.
Gold Price in Key Cities (Feb 4, 2025)
- Delhi: 22K Gold – ₹77,190, 24K Gold – ₹84,190
- Mumbai: 22K Gold – ₹77,040, 24K Gold – ₹84,040
- Chennai: 22K Gold – ₹77,040, 24K Gold – ₹84,040
- Kolkata: 22K Gold – ₹77,040, 24K Gold – ₹84,040
Silver Price in Key Cities (Feb 4, 2025)
- Delhi: ₹99,400/kg
- Mumbai: ₹99,400/kg
- Chennai: ₹1,06,900/kg
- Kolkata: ₹99,400/kg
