Today’s Gold Rate in India – Updated on 20th January, 2025
Gold Prices in India Today: As of 20th January 2025, gold rates in India are influenced by global market fluctuations, currency values, and domestic demand. Here’s the current pricing for 24 Carat and 22 Carat gold:
- 24 Carat Gold Rate (10 grams): ₹81,273 (decrease of ₹10)
- 22 Carat Gold Rate (10 grams): ₹74,513 (decrease of ₹10)
India, as the world’s second-largest consumer of gold (after China), sees a significant demand for gold, primarily for jewelry and investment purposes. A large portion of this demand is met through imports, along with locally recycled bullion. The gold rate in India is heavily influenced by global trends, local taxes, and exchange rates between the Indian Rupee (INR) and the US Dollar.
Gold Price in Major Indian Cities – 20 January 2025
24 Carat Gold Price (10 grams)
- Bangalore: ₹81,115 (down by ₹10)
- Chennai: ₹81,121 (down by ₹10)
- Delhi: ₹81,273 (down by ₹10)
- Kolkata: ₹81,125 (down by ₹10)
- Mumbai: ₹81,127 (down by ₹10)
- Pune: ₹81,133 (down by ₹10)
22 Carat Gold Price (10 grams)
- Bangalore: ₹74,355 (down by ₹10)
- Chennai: ₹74,361 (down by ₹10)
- Delhi: ₹74,513 (down by ₹10)
- Kolkata: ₹74,365 (down by ₹10)
- Mumbai: ₹74,367 (down by ₹10)
- Pune: ₹74,373 (down by ₹10)
Gold Rate Trends Across India
Gold prices vary across cities due to differences in demand, local taxes, and the cost of transportation. Below is a breakdown of the gold prices in various cities for 22 Carat and 24 Carat gold:
| City | 22 Carat Gold (₹/10g) | 24 Carat Gold (₹/10g) |
|---|---|---|
| Ahmedabad | ₹74,421 | ₹81,181 |
| Amritsar | ₹74,540 | ₹81,300 |
| Bangalore | ₹74,355 | ₹81,115 |
| Bhopal | ₹74,424 | ₹81,184 |
| Chennai | ₹74,361 | ₹81,121 |
| Delhi | ₹74,513 | ₹81,273 |
| Hyderabad | ₹74,369 | ₹81,129 |
| Jaipur | ₹74,506 | ₹81,266 |
| Kolkata | ₹74,365 | ₹81,125 |
| Mumbai | ₹74,367 | ₹81,127 |
| Pune | ₹74,373 | ₹81,133 |
Gold Rate History: Last 15 Days
Gold prices tend to fluctuate due to various economic factors. Here’s a look at how gold prices have moved over the last 15 days:
| Date | 22 Carat Price (₹/10g) | 24 Carat Price (₹/10g) |
|---|---|---|
| Jan 19, 2025 | ₹74,523 (down by ₹160) | ₹81,283 (down by ₹170) |
| Jan 18, 2025 | ₹74,683 (up by ₹600) | ₹81,453 (up by ₹650) |
| Jan 17, 2025 | ₹74,083 (up by ₹500) | ₹80,803 (up by ₹550) |
| Jan 16, 2025 | ₹73,583 (up by ₹120) | ₹80,253 (up by ₹130) |
| Jan 15, 2025 | ₹73,463 (down by ₹120) | ₹80,123 (down by ₹130) |
Factors Affecting Gold Prices in India
The price of gold in India today is affected by various global and domestic factors, including:
- International Market Trends: Gold is priced in USD globally. When the US Dollar strengthens, gold prices tend to increase in INR terms.
- Currency Exchange Rates: A weaker rupee against the US Dollar typically leads to a rise in gold prices in India, as it becomes more expensive to import gold.
- Demand and Supply: Gold prices increase during periods of high demand, especially during wedding seasons and festivals in India.
- Geopolitical Uncertainty: Gold is often seen as a safe-haven investment during times of economic or geopolitical instability.
- Interest Rates: Higher interest rates make gold less attractive compared to other investment options, while lower rates can push gold prices higher.
- Government Policies: Import duties, taxes, and government regulations also play a crucial role in determining gold prices in India.
Types of Gold Available in India
India primarily trades in two types of gold:
- 24K Gold: Known as pure gold, it has a purity of 99.99%. It is too soft to be used in jewelry without alloying.
- 22K Gold: This is a mix of 91.67% gold and other metals like copper or zinc, making it more durable and ideal for jewelry.
Here is the gold price data for different cities in India in table format:
| City Name | 22 Carat Gold Price (₹/10g) | 24 Carat Gold Price (₹/10g) |
|---|---|---|
| Ahmedabad | ₹74,421 | ₹81,181 |
| Amritsar | ₹74,540 | ₹81,300 |
| Bangalore | ₹74,355 | ₹81,115 |
| Bhopal | ₹74,424 | ₹81,184 |
| Bhubaneswar | ₹74,360 | ₹81,120 |
| Chandigarh | ₹74,522 | ₹81,282 |
| Chennai | ₹74,361 | ₹81,121 |
| Coimbatore | ₹74,380 | ₹81,140 |
| Delhi | ₹74,513 | ₹81,273 |
| Faridabad | ₹74,545 | ₹81,305 |
| Gurgaon | ₹74,538 | ₹81,298 |
| Hyderabad | ₹74,369 | ₹81,129 |
| Jaipur | ₹74,506 | ₹81,266 |
| Kanpur | ₹74,533 | ₹81,293 |
| Kerala | ₹74,385 | ₹81,145 |
| Kochi | ₹74,386 | ₹81,146 |
| Kolkata | ₹74,365 | ₹81,125 |
| Lucknow | ₹74,529 | ₹81,289 |
| Madurai | ₹74,357 | ₹81,117 |
| Mangalore | ₹74,368 | ₹81,128 |
| Meerut | ₹74,539 | ₹81,299 |
| Mumbai | ₹74,367 | ₹81,127 |
| Mysore | ₹74,354 | ₹81,114 |
| Nagpur | ₹74,381 | ₹81,141 |
| Nashik | ₹74,417 | ₹81,177 |
| Patna | ₹74,409 | ₹81,169 |
| Pune | ₹74,373 | ₹81,133 |
| Surat | ₹74,428 | ₹81,188 |
| Vadodara | ₹74,434 | ₹81,194 |
| Vijayawada | ₹74,375 | ₹81,135 |
| Visakhapatnam | ₹74,377 | ₹81,137 |
Gold Investment in India
Gold is considered a stable investment option in India due to its ability to hedge against inflation and offer long-term financial security. Here are some popular ways to invest in gold:
- Physical Gold: Including coins, bars, and jewelry.
- Gold ETFs (Exchange-Traded Funds): These are financial instruments that track the price of gold.
- Sovereign Gold Bonds: Government-backed bonds that provide returns linked to gold prices.
Why Should You Invest in Gold?
Investing in gold is often seen as a way to diversify one’s portfolio and protect against economic uncertainty. Gold provides a safety net during market volatility, making it a reliable long-term investment, especially during periods of inflation and economic crisis.
FAQs About Gold Rates and Investment
- How are gold prices determined in India? Gold prices in India are determined based on international gold prices, local demand, exchange rates, taxes, and import duties.
- What is the difference between 22K and 24K gold? 24K gold is pure gold (99.99%), while 22K gold contains 91.67% gold and other metals, making it ideal for crafting jewelry.
- Why should I invest in gold? Gold acts as a hedge against inflation, offers portfolio diversification, and is a trusted investment during uncertain times.
- What does hallmarking mean for gold in India? Hallmarking is a certification of gold purity, guaranteeing that the gold is of the quality stated by the seller.
- Is gold a good investment in India today? Yes, given its consistent value retention and protection against inflation, gold remains a solid investment choice in India.
Conclusion
The gold rate today in India is influenced by multiple factors including the global economic climate, currency exchange rates, and domestic demand. Whether you are buying for personal use or investment, keeping track of gold rates in India can help you make informed decisions. Whether you choose physical gold, ETFs, or sovereign gold bonds, investing in gold remains a secure option to preserve wealth and protect against financial uncertainty.
For real-time updates on today’s gold rate and comprehensive insights, stay tuned to our regularly updated content.