Gold prices have always been a topic of discussion in the Indian market. It is preferred not only as an ornament but also as a safe investment option. Recently, there has been a decline in gold prices, which can prove to be a golden opportunity for investors and buyers. Let’s know today’s latest gold rate and important information related to it.
Today’s Gold Rate Today
Today, on 13 February 2025, there has been a slight decline in gold prices. This decline can be beneficial for those who plan to buy or invest gold. In the table below, today’s 22 carats and 24 carat gold prices are given:
| Category | 1 gram (₹) | 10 grams (₹) |
| 22 carat | ₹ 7,980 | ₹ 79,800 |
| 24 carat | ₹ 8,705 | ₹ 87,050 |
Why is the right time to buy gold?
- Fall in the price: Gold prices have been seen to fall for the last few days, which has made it the right time to purchase.
- Season of marriage and festivals: Gold demand increases during marriage and festivals in India, which can increase prices. So shopping can be beneficial now.
- Investment opportunity: Gold is considered a safe investment. When prices are low, it is a good chance for investors.
Gold trend of last 10 days
Gold prices vary every day. Here is the trend of the last 10 days:
| date | 22 carat (₹/10 grams) | 24 carat (₹/10 grams) |
| 13 February 2025 | ₹ 79,800 | ₹ 87,050 |
| 12 February 2025 | ₹ 79,400 | ₹ 86,670 |
| 11 February 2025 | ₹ 80,600 | ₹ 88,000 |
| 10 February 2025 | ₹ 79,800 | ₹ 87,060 |
| 9 February 2025 | ₹ 79,450 | ₹ 86,670 |
| 8 February 2025 | ₹ 79,450 | ₹ 86,670 |
| 7 February 2025 | ₹ 79,300 | ₹ 86,510 |
| 6 February 2025 | ₹ 79,300 | ₹ 86,510 |
| 5 February 2025 | ₹ 79,050 | ₹ 86,240 |
| 4 February 2025 | ₹ 78,100 | ₹ 85,200 |
Major factors affecting gold prices
Gold prices are affected due to many reasons. The following are some of these main factors:
- International Markets: Global economic condition and dollar strength or weakness affect gold prices in the Indian market.
- Demand and Supply: Demand increases during the wedding and festivals, causing prices to go up.
- Inflation rate: People consider gold as safe investment when inflation increases, which increases its price.
- Interest Rates: When there is a decrease in interest rates, people buy more gold, which increases its demand and price.
- Geophysical events: People prefer to buy gold during war or political instability.
22 Carat vs. 24 Carat: What to choose?
While buying gold, it is important to understand what kind of gold you should. Below is a comparative details of both types:
| Speciality | 22 carat | 24 carat |
| accuracy | 91.6% | 99.9% |
| Use | To make jewelery | To make coins and biscuits |
| Strengthening | Stronger | less strong |
| Colour | Mild yellow | bright yellow |
Is it right to invest now?
If you are planning to invest then this time can be right. Experts believe that gold prices may rise again in the long term. Other than this:
- Shopping before marriage or festivals may be cheaper.
- Given gold is always a safe option given inflation and economic uncertainties.
conclusion
The recent decline in gold prices provides a good opportunity for those who are thinking of buying or investing it. However, it is necessary to monitor the market situation so that the right decision can be taken at the right time.
Disclaimer:
This article is written only for the purpose of providing information. Seek expert advice before making any kind of investment.
