Gold gained momentum again, know how expensive gold became today

Gold Rate Today: Gold prices had seen a decline after hitting a record high on Monday, but saw a rise again on Tuesday. On MCX, gold prices rose by ₹1,322 by 12 am. Know today’s gold and silver price.

today’s gold price

Today February futures gold price reached ₹ 1,36,264 for 10 grams. Gold has increased by 0.98% i.e. ₹ 1,322. On Monday, the price of gold had fallen after reaching ₹1.5 lakh per 10 grams, but on Tuesday gold again showed its strength.

impact of international market

In the global market on Monday, spot gold fell 4.5% to $4,330.79 an ounce, while US February gold futures closed at $4,343.60. The increasing tension between Russia and Ukraine attracted investors towards safe investments, due to which the demand for gold remained strong.

price of silver

An increase was also seen in the March contracts of silver. Silver price increased by ₹11,088 to ₹2,35,517 per kg. On Monday, silver had crossed the level of ₹2.5 lakh per kg on MCX for the first time.

Reasons for the rise in gold and silver

The main reasons for the rise in gold prices are the demand for safe assets among investors and expectations of US Fed rate cut. Apart from this, buying by central banks, strong inflows into ETFs and weakening of the dollar also led to the rise in gold prices. The main reason for the rise in silver price is increasing industrial demand and limited supply.

Read Also:Share Market 2025: 8 percent growth, increase in investors’ wealth by Rs 30.20 lakh crore

Tips for investors

Investors and traders are still buying on dips as they expect the gold and silver rally to continue in 2026. Gold prices in the domestic market have increased by 80% so far this year, while silver has seen a rise of more than 170%. To take advantage of this boom, small investors should also take decisions from time to time keeping in mind the market trend.

This rise in gold and silver prices is presenting a great opportunity for investors, but it is important to invest with caution and wisdom.

Comments are closed.