Currently, the prices of gold and silver in the country are witnessing constant fluctuations. Global market developments, dollar-rupee exchange rates, international inflation, as well as investor trends are directly impacting the prices of precious metals. Although there was not much change in the gold and silver rates in India on February 4, the prices remain at a high level, attracting the attention of customers and investors.
Today, the price of 24-carat pure gold across the country is 15,394 rupees per gram. The price of 22-carat gold is 14,111 rupees per gram, and the price of 18-carat gold is recorded at 11,546 rupees per gram. For customers buying jewelry, there is primarily more demand for 22-carat gold, so these prices are given the most attention.
If we consider the price for 10 grams, the price of 22-carat gold today is 141,110 rupees. The price of 24-carat gold per 10 grams is 153,940 rupees, and the price of 18-carat gold is 115,460 rupees. Although these prices have been almost stable for the past few days, they are near historical highs, making gold seem expensive for the average customer.
Stability was also observed in the price of silver today. On February 4, the price of silver in India is Rs 279.90 per gram and Rs 2,79,900 per kilogram. Due to industrial use and the wedding season, the demand for silver remains steady. Therefore, experts have expressed the possibility of fluctuations in silver prices in the coming period. Considering the rates in metropolitan areas, gold prices are the same in both Mumbai and Pune today. Here, the rate for 22-carat gold is Rs 1,41,110 per 10 grams, the rate for 24-carat gold is Rs 1,53,940, and the rate for 18-carat gold is Rs 1,15,460. Similarly, gold prices in Kerala, Kolkata, and Nagpur have also been recorded at nearly the same level today.
According to experts, gold is viewed as a safe investment (Safe Haven) in the international market, so during times of global uncertainty, gold prices are likely to rise. In the coming period, gold and silver prices will depend on US interest rate policies, dollar movements, and the global political situation. Currently, experts advise customers planning to buy jewelry to compare prices and make purchasing decisions considering long-term investment.