Gold has always remained a refuge for investors and commoners alike. Today, the price of gold slightly fluctuated as the international market and the Indian rupee determined its changes.
Gold Price Today
February 19, 2025, the price for 24-carat gold was approximately ₹86,950 for every 10 grams. At the same time, 22-carat gold was priced at around ₹79,700 for the same amount. These prices fluctuated slightly in the major cities of India including Delhi, Mumbai, Chennai, and Kolkata.
Factors Affecting Gold Prices
- International market impact: Gold prices tend to fluctuate more because of the influences of the international market. Today, there was a slight fall in the price of gold in the terms of US dollar, affecting the Indian market.
- Indian rupee position: Gold prices are also dependent on the status of value of the Indian rupee against the US dollar. Today there was a slight decline in gold prices, as today rupee strengthened.
- Demand and Supply: Demand for gold increases in festivals and wedding times, which pushes it high in cost. But today, it has seen a trend of decline in demand, so it has remained constant in cost.
Advice For Investing In Gold
Gold has always been considered to be a safe place to invest, but at the same time, it has to be taken care of while investing due to price fluctuations. According to experts, before investing in gold, one should appraise the market trend along with the situation of the world economy. Gold ETFs (exchange-traded funds) or digital gold can also be a good option for small investors.
Conclusion
On February 19, 2025, gold prices saw slight fluctuations depending on the global and domestic market conditions. Reliable means of investment, gold should be kept flexible with the notion to understand the market before you invest. If you are planning to invest in gold, you should be paying attention to market trends and advice from experts.
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