Gold Price: The prices of gold and silver are affected by many domestic and international factors. These include global demand, currency exchange rate, interest rate, government policies, and international events.

Gold Rate Today: Gold prices have been rising continuously for the past few weeks. Recently gold had reached its all-time high. However, today i.e. on Saturday, February 8, there was a slight decline in the price of gold in the Indian market. The price of 24-carat gold stood at Rs 8667.3 per gram, which was Rs 20 less than the previous day. Similarly, the price of 22-carat gold also fell by Rs 20 to Rs 7946.3 per gram. However, no change was seen in the price of silver and it remained stable at Rs 102500 per kg.

What is the price of 10 grams of gold in your city?

According to The Mint report, gold prices fell in major cities of North India. The price of 24-carat gold in Delhi was recorded at Rs 86673 per 10 grams, while in Jaipur it was Rs 86666 per 10 grams. Gold was sold at the rate of Rs 86689, Rs 86682 and Rs 86700 per 10 grams in Lucknow, Chandigarh and Amritsar.

At the same time, silver prices remained stable. The price of silver in Delhi was Rs 102500 per kg, while in Jaipur, Lucknow, Chandigarh, and Patna it remained at Rs 102900, Rs 103400, Rs 101900 and Rs 102600 per kg.

How are gold and silver rates being affected?

Gold and silver prices are affected based on many domestic and international factors. These include global demand, currency exchange rates, interest rates, government policies, and international events. Especially the policies of the US Federal Reserve have a significant impact on the prices of gold and silver. Apart from this, the interest of investors and the increase in demand during the festive season also affect the prices.

What can happen next?

Experts believe that more fluctuations can be seen in the prices of gold and silver in the coming days. It will be important to keep an eye on the dollar index and the activities of investors in the international market. Apart from this, with the beginning of the wedding season in India, the demand for gold may increase, due to which improvement in prices is possible.