KKN Gurugram Desk | Gold and silver prices have shown some fluctuations today, February 20, 2025. These changes are closely monitored by investors, traders, and consumers alike, as they influence purchasing decisions and investment strategies. Let’s dive into the latest price updates for both gold and silver, including insights into factors that affect their prices.

Gold Rate Today on February 20, 2025

As of today, gold has experienced a moderate increase in its price across major Indian cities. Here are the latest gold prices:

• 24 Carat Gold Price in Delhi: 10 grams of 24-carat gold is priced at ₹87,833.
• Price per Gram for 24 Carat Gold: ₹8,783.3 (a rise of ₹700 from the previous session).
• 22 Carat Gold Price in Delhi: ₹8,048.3 per gram, reflecting a ₹600 increase from the previous price.

Gold Price Trends Over Time

The price of gold has been fluctuating recently:

• Weekly Change: Over the past week, the price of 24-carat gold has increased by 0.5%.
• Monthly Change: However, compared to last month, the price has decreased by -6.21%. This drop is mainly attributed to global economic factors that influence gold’s market value.

Gold Rates in Major South Cities

Gold prices in South India have also witnessed some upward movement. Here’s a snapshot of the gold rate across major cities:

• Gold Rate in Chennai: ₹87,681 for 10 grams. Yesterday’s rate was ₹86,651.
• Gold Rate in Bangalore: ₹87,675 for 10 grams. Yesterday’s rate was ₹86,645.
• Gold Rate in Hyderabad: ₹87,689 for 10 grams. Yesterday’s rate was ₹86,659.
• Gold Rate in Visakhapatnam: ₹87,697 for 10 grams. Yesterday’s rate was ₹86,667.
• Gold Rate in Vijayawada: ₹87,695 for 10 grams. Yesterday’s rate was ₹86,665.

Silver Prices on February 20, 2025

On the silver front, prices remain relatively stable with no major fluctuations. As of today, the silver price in India is as follows:

• Silver Price in Delhi: ₹103,500 per kilogram. No significant change from the previous day.

Silver Prices in South India

Here are the silver prices in major South Indian cities:

• Silver Price in Chennai: ₹110,600 per kg. This price remains unchanged from yesterday.
• Silver Price in Bangalore: ₹102,500 per kg. No change in the price from yesterday.
• Silver Price in Hyderabad: ₹111,200 per kg. Stable price compared to yesterday.
• Silver Price in Visakhapatnam: ₹109,600 per kg. No change in price from yesterday.
• Silver Price in Vijayawada: ₹112,000 per kg. Stable, no change from yesterday.

Key Factors Affecting Gold and Silver Prices

Gold and silver prices are influenced by a variety of factors, both domestic and international. Here’s a look at some of the most significant influencers:

1. Global Demand: The demand for gold and silver worldwide plays a crucial role in determining their prices. Increased demand, especially from countries like China and India, can push prices higher.

2. Currency Fluctuations: The strength of the US Dollar against other currencies is a key factor. When the dollar strengthens, gold and silver may become less attractive to foreign buyers, leading to price drops. Conversely, when the dollar weakens, prices of precious metals often rise.

3. Interest Rates: Higher interest rates generally make fixed-income investments like bonds more attractive than precious metals, which do not offer interest. This can lead to a decrease in gold and silver prices.

4. Government Regulations: Changes in government policies related to the gold and silver trade, such as import duties or regulations on bullion trading, can impact market prices.

5. Global Events: Political instability, economic uncertainty, or geopolitical tensions often increase the demand for gold and silver as safe-haven investments. Events like economic crises, wars, or natural disasters typically drive up the prices of precious metals.

6. Jeweler Insights: Experts in the jewelry industry, including jewelers and precious metal traders, often provide insights into trends and potential price movements. These professionals closely monitor the market and can often predict short-term price fluctuations.

Investment Outlook: Should You Buy Gold or Silver Today?

For investors, both gold and silver present potential opportunities and risks. Gold, as a traditional store of value, tends to perform well in times of economic uncertainty or inflation. Silver, often considered a more affordable alternative to gold, can also act as a hedge, although it tends to be more volatile.

Given the slight increase in the price of gold today, it might be a good time for those looking to invest in gold to do so before prices rise further. However, considering the broader decline over the past month, some investors may prefer to wait for a more favorable price point.

For silver, the prices have remained stable, but given its relative affordability compared to gold, it could serve as an attractive investment for those seeking to diversify their portfolio.

As of February 20, 2025, the prices of gold and silver have shown some fluctuations, with gold prices experiencing an uptick and silver prices remaining stable. The factors influencing these changes are complex and multifaceted, ranging from global demand to geopolitical events. For those looking to invest or purchase gold and silver, it is important to keep a close eye on these market trends to make informed decisions.

Whether you are investing in gold as a safe-haven asset or looking for silver as an affordable alternative, understanding the dynamics of the market can help you navigate the ever-changing landscape of precious metal prices.