Gold Price Today in India
Current Gold Prices: As of February 28, 2025,
the price of 24-carat gold in India is ₹8,738 per gram
22-carat gold is priced at ₹8,010 per gram.
Recent Trends: Gold prices have experienced a significant surge, with a 42% return over the past 12 months, outpacing the S&P 500 index.
Factors Influencing Prices:
Global Demand: Increased purchases by central banks and retail investors have driven up prices.
Geopolitical Concerns: Trade tensions and tariff policies, particularly from the U.S., have heightened gold’s appeal as a safe-haven asset.
Currency fluctuations include the Indian Rupee’s decline in value relative to the US dollar.
Impact on Imports: India’s gold imports in February 2025 are projected to plummet by 85% compared to the previous year, reaching a 20-year low. This decline is attributed to record-high prices dampening consumer demand.
Insights Investment:
Market Dynamics: Despite high prices, gold remains a preferred investment due to its status as a hedge against inflation and economic uncertainty.
Alternative Investments: Investors might consider gold exchange-traded funds (ETFs) or mining stocks for exposure.
Future Outlook: Analysts predict that gold prices might rise further.