HomeDaily PostGold and Silver Prices on February 1, 2025: Latest Rates Across Indian...

Gold and Silver Prices on February 1, 2025: Latest Rates Across Indian Cities

1 February, 2025; If you’re planning to buy gold or silver on the first day of February 2025, it’s essential to check the latest market rates. As of Saturday, February 1, gold prices have surged by ₹160 per 10 grams, while silver rates have remained unchanged. The price of 24-carat gold has now surpassed ₹84,000, and silver is nearing ₹1,00,000 per kilogram.

Gold Prices Today

  • 22-Carat Gold: ₹77,600 per 10 grams
  • 24-Carat Gold: ₹84,640 per 10 grams
  • 18-Carat Gold: ₹63,490 per 10 grams

Silver Price Today

  • 1 kg Silver: ₹99,500

City-Wise Gold Rates (Per 10 Grams)

18-Carat Gold

  • Delhi: ₹63,490
  • Kolkata & Mumbai: ₹63,370
  • Indore & Bhopal: ₹63,330
  • Chennai: ₹63,860

22-Carat Gold

  • Indore & Bhopal: ₹77,360
  • Delhi, Jaipur & Lucknow: ₹77,600
  • Hyderabad, Kerala, Kolkata & Mumbai: ₹77,450

24-Carat Gold

  • Indore & Bhopal: ₹84,390
  • Delhi, Jaipur & Lucknow: ₹84,640
  • Hyderabad, Kerala, Bangalore & Mumbai: ₹84,490
  • Chennai: ₹84,340

City-Wise Silver Rates (Per 1 kg)

  • Delhi, Mumbai, Kolkata, Ahmedabad, Jaipur & Lucknow: ₹99,500
  • Chennai, Madurai, Hyderabad & Kerala: ₹1,07,000
  • Bhopal & Indore: ₹99,500

How to Check Gold Purity?

  • The Bureau of Indian Standards (BIS) hallmarks gold for authenticity.
  • 24-Carat Gold: 99.9% pure, marked as 999.
  • 22-Carat Gold: 91.6% pure, marked as 916.
  • 18-Carat Gold: 75% pure, marked as 750.
  • 22-carat gold is commonly used for jewelry as it contains 9% other metals like copper, silver, and zinc for durability.
  • 24-carat gold is primarily available as coins or bars, as it is too soft for jewelry.

Before making a purchase, always verify the latest prices with your local jeweler and check for BIS hallmarks to ensure quality and authenticity. Gold and silver rates fluctuate due to market trends, currency fluctuations, and international demand, so staying updated is crucial for making informed investment decisions.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

spot_img