Gold has always been an important assets for Indian investors and buyers. Whether it is marriage, festival, or investment purpose, gold demand always remains. On 27 February 2025, the price of gold declined, which raises the question whether it is the right time to buy gold? In this article, we will discuss the current gold price, due to its decrease and the right time to buy it for investment.
Current Gold Price In India (Today’s Gold Price)
Gold prices have recently seen a decline. 24 carat gold is trading around ₹ 87,800 per 10 grams and 22 carat gold ₹ 80,400 per 10 grams. The price of silver has also fallen to below ₹ 98,000 per kg.
Gold Price Overview Table (Gold Price Summary)
Description | Price (₹) |
24 carat gold (10 grams) | ₹ 87,800 |
22 carat gold (10 grams) | ₹ 80,400 |
Silver (1 kg) | Less than ₹ 98,000 |
Last day’s decline | ₹ 400 (24 carat), ₹ 380 (22 carats) |
Due to fall in gold prices
Gold prices are affected by many domestic and international factors. Let’s know some main reasons:
- Strengthening of the dollar index: Gold prices are affected due to strong US dollar.
- Federal Reserve interest rate policy: If interest rates increase, investors prioritize other properties.
- Reduction in domestic demand: Prices decline due to decrease in demand after marriage and festivals.
- Profit booking by investors: When investors sell their old investments, there is pressure in the market.
Is this the right time to buy gold?
Given the fall in gold prices, this can be a good purchase opportunity. But before making a decision, pay attention to these things:
Benefits:
- Long -term investment: If you are thinking long -term investment, this may be the right time.
- Shopping at low prices: The current decline gives you a chance to shop at a lower price.
Loss:
- Uncertainty: If the dollar and interest rates are stronger, prices may fall further.
- Short Term Trading Risk: Investors doing short -term trading should be cautious.
Today’s gold price in major cities
City name | 22 carat (₹/10 grams) | 24 carat (₹/10 grams) |
Delhi | ₹ 80,250 | ₹ 87,530 |
Mumbai | ₹ 80,100 | ₹ 87,380 |
Chennai | ₹ 80,710 | ₹ 88,050 |
Kolkata | ₹ 80,100 | ₹ 87,380 |
Jaipur | ₹ 80,250 | ₹ 87,530 |
Fautable things when buying gold
- Check the hallmark: Make sure the gold hallmark purchased is certified.
- Pay attention to purity:
- 24 carat = 99.9% pure
- 22 carat = 91.6% pure
- Compare the price: Compare the price to different vendors.
- Digital Gold Options: If it is difficult to store physically, buy digital gold.
Gold Investment Tips
- Set goals:
- Explain the purpose of personal use or investment.
- Choose the right time:
- Shop up when there is a decline in the market.
- Gold ETF and Mutual Funds:
- Invest in gold eTFs or funds instead of physical gold.
- Plan future:
- Investing for long periods can be more beneficial.
conclusion
The recent fall in gold prices has made it an attractive option for shopping. However, keeping in mind the market uncertainties, you should decide on the basis of your financial goals and risk tolerance.
Disclaimer:
This article is written only for the purpose of providing information. Seek expert advice before making any kind of investment.