Gold Price Higher At Rs 86,400 — Check Rates In Mumbai, Bengaluru, Delhi, Chennai And More

Gold price in India rose to Rs 86,440 per 10 grams as of 6:45 a.m. on Feb. 25, according to the India Bullion Association.

Rates in New Delhi stood at Rs 86,130 per 10 grams, while price in Mumbai was higher at Rs 86,280 on Tuesday. In Kolkata, the rate stood at Rs 86,170, while in Bengaluru the rate crossed Rs 86,350, according to the association. With the price at Rs 86,530, Chennai continued to see the highest rate in the country.

The gains came amid firm global trends, reflecting continued investor interest in the precious metal. The US dollar has provided an additional boost for the precious metal. The dollar index fell for the third week in a row and is trading lower amid mixed US macro data.

Gold with 99.9% purity had closed at Rs 88,750 per 10 grams in the previous session. Similarly, gold of 99.5% purity rose by Rs 350 to trade at Rs 88,700 per 10 grams, up from its last close of Rs 88,350 per 10 grams.

Global spot gold prices were higher at $2,949, according to the World Gold Council. The global rates have been hovering over highs, with tension around Trump's tariffs, that were pushed higher by other global cues.

The previous high recorded for the global rate was $2,954 on Feb. 24, according to WGC. The futures prices for April 4 stood at Rs 86,210, according to the Multi Commodity Exchange. The silver futures price was at Rs 95,147, according to MCX.

Silver price stood at Rs 95,630 as of 6:45 a.m., according to the India Bullion Association.

The strong industrial demand for silver, fuelled by its importance in renewable energy technologies and electronics, has been driving the surge.