Gold prices rallied to fresh record highs in early trade on Tuesday, February 11, following firm global trends and strong local demand.
The precious metal traded at a fresh lifetime high level in early Asian trade globally, which also supported the local prices. Marriage season demand for gold from retailers and jewellers also bolstered the metal.
US President Donald Trump announced 25% tariffs on all steel and aluminium imports, fueling fears of retaliatory tariff actions by other countries and boosting the safe-haven appeal of gold.
In domestic markets on Monday, the 24K gold rallied ₹390 to ₹87,060 per 10 grams in Mumbai. The 22K gold advanced ₹350 to a record high of ₹79,800 per 10 grams.
Spot gold gained 0.09% to $2,910 an ounce in early Asian trade on Tuesday after hitting an all-time high of $2,939 an ounce.
Check the latest gold and silver prices across major cities today:
In Delhi markets, 24K gold traded at ₹87,220 per 10 grams and 22K gold at ₹79,950 per 10 grams. The 24K gold in Mumbai traded at ₹87,070 per 10 grams and 22K gold at ₹79,800.
Below is a detailed breakdown of gold prices across key cities:
Gold Price Today in Major Cities:
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | ₹79,960 | ₹87,220 |
| Mumbai | ₹79,810 | ₹87,070 |
| Chennai | ₹79,810 | ₹87,070 |
| Kolkata | ₹79,810 | ₹87,070 |
Gold Rate in Bhubaneswar on 11th February 2025:
22K Gold per 10 grams = ₹80,600
24K Gold per 10 grams = ₹87,930
18K Gold per 10 grams = ₹65,950
Silver Price Today in India (February 11, 2025):
Silver prices eased by ₹100 to ₹99,400 per kg in early trade on Tuesday on worries that a fresh tariff war could derail industrial demand for the white metal.
Local demand from jewellers and coin makers, however, capped its losses.
Spot silver fell by 0.78% to $31.79 an ounce in early Asian trade on Tuesday.
Silver Price Today in Major Cities:
| City | Silver Price (per kg) |
|---|---|
| Delhi | ₹99,400 |
| Mumbai | ₹99,400 |
| Chennai | ₹1,06,900 |
| Kolkata | ₹99,400 |
Comparison of Gold and Silver Prices This Week:
Gold prices rallied for the second day on Tuesday as gold hit a fresh record high in early Asian trade on safe-haven demand. A weak rupee also fueled the dollar-priced metal.
Silver prices dropped on Tuesday in a range-bound trade due to weak global cues.
Comparison of gold and silver prices from earlier this week:
| Date | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver Price (per kg) |
|---|---|---|---|
| Feb 11 | ₹79,810 | ₹87,070 | ₹99,400 |
| Feb 10 | ₹79,800 | ₹87,060 | ₹99,500 |
| Feb 8 | ₹79,450 | ₹86,670 | ₹99,500 |
| Feb 7 | ₹79,310 | ₹86,520 | ₹99,400 |
| Feb 6 | ₹79,300 | ₹86,510 | ₹99,500 |
| Feb 5 | ₹79,050 | ₹86,240 | ₹99,500 |
| Feb 4 | ₹78,100 | ₹84,200 | ₹98,500 |
