Wed Feb 05 06:52:28 UTC 2025: ## Gold Prices Surge, Silver Dips in India

**Mumbai, February 5, 2025** – Gold prices in India experienced a significant jump today, while silver prices saw a decline. The price of 24-carat gold rose by ₹1170.0 per gram to ₹8538.3, and 22-carat gold increased by ₹1070.0 to ₹7828.3 per gram. However, despite the increase, 24-carat gold is still down 1.91% for the week and 6.83% for the month. Silver prices fell by ₹1000.0 per kg, settling at ₹101500.0.

Prices varied slightly across major cities. In Delhi, 10 grams of gold cost ₹85383.0, while in Chennai, Mumbai, and Kolkata, the price ranged from ₹85231.0 to ₹85237.0. Similarly, silver prices showed variations across cities, ranging from ₹100800.0 to ₹108600.0 per kg.

The price fluctuations reflect the complex interplay of various factors influencing precious metal markets. These include global gold demand, currency exchange rates, interest rates, government policies, the global economic climate, and the strength of the US dollar. Input from major jewelers also plays a role.

MCX futures contracts also showed movement. Gold April 2025 futures were trading at ₹84125.0 per 10 gm, slightly up, while silver March 2025 futures were at ₹95683.0 per kg, showing a minor decrease. The provided data includes yesterday’s and last week’s prices for gold and silver in major cities, allowing for a clear view of recent price trends.

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