
prices started to decline as many investors sold their holdings to secure profits, a process known as profit booking.
Gold and silver price on February 27: check prices in major cities:On Thursday, the price of 24K gold went down to ₹ ₹87,380 per 10 grams, and 22K gold dropped to ₹ 80,100 per 10 grams. Silver also became cheaper by ₹100, now costing ₹97,900 per kg, mainly because fewer industries were buying it.
Earlier this week, the price of 24K gold reached a record high of ₹88,090 per 10 grams.
However, in the following session, prices started to decline as many investors sold their holdings to secure profits, a process known as profit booking. Additionally, a drop in local demand further contributed to the price decrease. By Thursday, the price of 24K gold had fallen to ₹87,380 per 10 grams, while 22K gold had declined to ₹80,100 per 10 grams.
Over the past week, the price of 24K gold has seen a slight change of 0.19%, indicating relatively stable movement. However, over the last month, gold prices have dropped by 6.77%, showing a significant decline over a longer period.
Gold Price Today in India (February 27, 2025) in major cities 24K Gold (per 10gm)
Delhi Rs 87,530
Chandigarh: Rs 87,530
Mumbai: Rs 87,380
Lucknow: Rs 87,530
Silver prices declined by ₹100 to ₹97,900 per kg on Thursday due to reduced demand from industrial buyers and weak global market trends. This drop followed a sharp fall of ₹3,000 per kg on Wednesday, which was triggered by the US government's renewed focus on fossil fuels, affecting investor sentiment. However, in early Asian trading on Thursday, silver showed signs of recovery, with spot prices rising by 0.33% to $31.74 per ounce.
Silver Price Today in India (February 27, 2025) in major cities, 24K Gold (per kg)
Delhi: Rs97,900
Chandigarh: Rs100400.0
Mumbai: Rs97,900
Lucknow: Rs101900.0
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