Gold and Silver Prices on February 3, 2025: Latest Updates for India:
As of February 3, 2025, the price of 10 grams of 24-carat gold in Delhi is ₹84,653. In contrast, the rate for 1 kilogram of silver stands at ₹102,500 in the same city.
On this day, gold prices have seen a slight decline. The price for 24-carat gold is ₹8,465.3 per gram, which indicates a decrease of ₹10. The price for 22-carat gold is ₹7,761.3 per gram, also reflecting a drop of ₹10.
Over the past week, the price of 24-carat gold has decreased by 2.48%, while the monthly change is recorded at a decline of 6.66%.
The current silver price in India is ₹102,500 per kilogram, showing a decrease of ₹100.
Gold and Silver Prices in Major Southern Cities
Leading Southern Cities for Gold Pricing in India :
Chennai:The gold rate today in Chennai is ₹84,501 for 10 grams. The previous day's rate on February 2, 2025, was ₹84,361, and the rate from the previous week on January 28, 2025, was ₹82,261.
Bangalore:In Bangalore, the gold rate today is ₹84,495 for 10 grams. The rate from yesterday, February 2, 2025, was ₹84,355, while last week's price on January 28, 2025, was ₹82,255.
Hyderabad:The gold rate in Hyderabad today is ₹84,509 for 10 grams. The previous day's rate was ₹84,369, and last week's price was ₹82,269.
Visakhapatnam:In Visakhapatnam, the gold rate today is ₹84,517 for 10 grams. The rate from February 2, 2025, was ₹84,377, and last week's price was ₹82,277.
Vijayawada:The gold rate in Vijayawada today is ₹84,515 for 10 grams. The previous day's rate was ₹84,375, and last week's price was ₹82,275.
Top 5 Southern Cities for Silver Prices in India :
Silver Prices in Chennai :
Chennai:The current silver price in Chennai is ₹109,600.0 per kilogram. On February 2, 2025, the price was ₹109,800.0 per kilogram, while last week, on January 28, 2025, it was ₹106,600.0 per kilogram.
Silver Prices in Bangalore :
Bangalore:Today, the silver price in Bangalore stands at ₹101,500.0 per kilogram. The price recorded yesterday, February 2, 2025, was ₹101,700.0 per kilogram, and last week, on January 28, 2025, it was ₹98,500.0 per kilogram.
Silver Prices in Hyderabad :
Hyderabad:The silver price today in Hyderabad is ₹110,200.0 per kilogram. Yesterday, on February 2, 2025, it was ₹110,400.0 per kilogram, and last week, on January 28, 2025, it was ₹107,200.0 per kilogram.
Silver Prices in Visakhapatnam :
Visakhapatnam:The current silver price in Visakhapatnam is ₹108,600.0 per kilogram. On February 2, 2025, the price was ₹108,800.0 per kilogram, and last week, on January 28, 2025, it was ₹105,600.0 per kilogram.
Silver Prices in Vijayawada :
Vijayawada:Today, the silver price in Vijayawada is ₹111,000.0 per kilogram. The price yesterday, February 2, 2025, was ₹111,200.0 per kilogram, and last week, on January 28, 2025, it was ₹108,000.0 per kilogram.
Factors Influencing Gold and Silver Prices :
The prices of gold and silver are subject to constant fluctuations influenced by a variety of domestic and international factors. Key determinants include:
Global Demand:
The worldwide demand for gold and silver significantly impacts price variations.
Currency Fluctuations:
Changes in currency values, especially the US dollar against other currencies, can affect the investment appeal of gold and silver.
Interest Rates:
Elevated interest rates may diminish the attractiveness of gold and silver as investments since they do not yield interest income.
Government Regulations:
Policies and regulations governing the gold and silver trade can influence market prices.
World Events:
Economic conditions, geopolitical developments, and other global
