Gold Silver Rate Today: Strong rise in the price of gold and silver, silver costlier by more than Rs 10,000, know the latest price of gold?

Gold Silver Rate Today: A tremendous surge is being seen in the bullion market during the wedding season. Due to increasing geopolitical tension in the international market and increasing demand for safe haven, the prices of gold and silver have reached near record levels. The effect of last night’s rise in MCX is clearly visible in the retail market today.

What was the situation on MCX?

• Gold closed at ₹1,56,993 per 10 grams with a rise of ₹117.
• March futures silver closed at ₹2,52,042 per kg with a huge jump of ₹10,649.
• The effect of this sharp rise was also seen in the domestic market on the morning of 21 February.

Today’s gold price (21 February)

24 carat (pure gold)

15,752 per gram
Rs 1,57,520 per 10 grams

22 carat (jewelry gold)

14,440 per gram
Rs 1,44,400 per 10 grams

Silver Rate Today

• Silver continues to remain strong.
• Latest price: ₹270 per gram
• Rs 2,70,000 per kg

After yesterday’s huge surge in the market, today the prices remain in the range of Rs 2.64 lakh to Rs 2.70 lakh per kg. The rise of more than Rs 10,000 in a single day has surprised both investors and buyers.

24K gold price (per 10 grams) in major cities

Delhi: 1,59,500
Mumbai: 1,57,370
Chennai: 1,58,820
Lucknow: 1,57,530

Why are prices increasing?

Global geopolitical tensions
dollar fluctuations
central banks purchases
Demand increased in wedding season

Note: The price of gold and silver is subject to change as per GST, making charge and city. Before purchasing, please check the latest rates in the local bullion market.