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Gold Rate Today In India: Check 22-carat and 24-carat gold and silver prices in various cities for January 24, 2025.
Gold Rate Today In India: Gold prices eased from their record-high levels in early trading on Friday, January 24, following losses in global markets overnight.
The precious metal took a pause after reaching three-month highs on Thursday, as investors awaited the release of US PMI data and sought further clarity on US President Donald Trump’s trade policy.
24-Carat Gold, 22-Carat Gold In India
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favorite among jewelry enthusiasts and investors alike, striking a balance between elegance and practicality.
On Friday, the price of 24K gold was Rs 82,080 per 10 grams in major Indian cities, while 22K gold was quoted at Rs 75,240 per 10 grams. Gold prices had remained steady at record levels the previous day.
Spot gold rebounded from Thursday night’s losses, rising by 0.74% to trade at $2,775 per ounce in early Asian trade.
Gold Price Today in India (January 24, 2025)
In Delhi, the price of 24K gold dipped by Rs 10 to Rs 82,240 per 10 grams, while 22K gold was priced at Rs 75,390 per 10 grams. In Mumbai, 24K gold dropped Rs 10 to Rs 82,080 per 10 grams, and 22K gold fell to Rs 75,240 per 10 grams.
Here’s a detailed breakdown of gold prices across key cities:
City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
---|---|---|
Delhi | Rs 75,390 | Rs 82,240 |
Mumbai | Rs 75,240 | Rs 82,080 |
Chennai | Rs 75,240 | Rs 82,080 |
Kolkata | Rs 75,240 | Rs 82,080 |
Silver Price Today in India (January 24, 2025)
Silver prices fell by Rs 100 to Rs 96,400 per kg in major Indian cities on Friday, as weak domestic demand kept prices in check. On Thursday, silver was flat at Rs 96,500.
However, silver prices advanced more than 1% in early Asian trade, which helped to cap losses in the domestic market. Spot silver gained 1.16%, trading at $30.79 per ounce in early Asian trade, moving between $30.43 and $30.80 per ounce.
Comparison of Gold and Silver Prices This Week
Gold prices took a pause on Friday after reaching record highs in recent days, with investors waiting for further insights into US trade policies. Meanwhile, silver prices are trading within a narrow range, with weak investment demand limiting its potential for gains.
What Factors Affect Gold Prices in India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.