Gold Rates Today in India (Updated on 31st January 2025)
Gold continues to be an essential part of India’s culture and economy. As the world’s second-largest consumer of gold, after China, India sees a significant demand for gold in various forms, especially in jewelry. The country’s gold requirement is largely met through imports and recycled bullion. Along with global market prices, domestic factors such as taxes, import duties, and the exchange rate of the Indian rupee to the US dollar influence the price of gold in India. Gold is viewed as a hedge against inflation, but factors such as bond yields, geopolitical issues, and the strength of the dollar also play a significant role in the price fluctuations.
Today’s Gold Prices in India (as of 31st January 2025)
- 24 Carat Gold Rate (10 grams): ₹83,203 (+₹170)
- 22 Carat Gold Rate (10 grams): ₹76,283 (+₹150)
Gold Prices in Metro Cities (31st January 2025)
| City | 24 Carat (per 10 gm) | 22 Carat (per 10 gm) |
|---|---|---|
| Bangalore | ₹83,045 (+₹170) | ₹76,125 (+₹150) |
| Chennai | ₹83,051 (+₹170) | ₹76,131 (+₹150) |
| Delhi | ₹83,203 (+₹170) | ₹76,283 (+₹150) |
| Kolkata | ₹83,055 (+₹170) | ₹76,135 (+₹150) |
| Mumbai | ₹83,057 (+₹170) | ₹76,137 (+₹150) |
| Pune | ₹83,063 (+₹170) | ₹76,143 (+₹150) |
Gold Rates in Other Cities Across India
Here’s a look at the gold prices in various cities across the country for 24 Carat and 22 Carat gold:
- Ahmedabad: ₹83,111 (24 Carat), ₹76,191 (22 Carat)
- Amritsar: ₹83,230 (24 Carat), ₹76,310 (22 Carat)
- Bhopal: ₹83,114 (24 Carat), ₹76,194 (22 Carat)
- Chandigarh: ₹83,212 (24 Carat), ₹76,292 (22 Carat)
- Faridabad: ₹83,235 (24 Carat), ₹76,315 (22 Carat)
- Gurgaon: ₹83,228 (24 Carat), ₹76,308 (22 Carat)
- Jaipur: ₹83,196 (24 Carat), ₹76,276 (22 Carat)
- Lucknow: ₹83,219 (24 Carat), ₹76,299 (22 Carat)
Here’s the gold rate information in a table format:
| City Name | 22 Carat Price (per 10g) | 24 Carat Price (per 10g) |
|---|---|---|
| Ahmedabad | ₹76,191 | ₹83,111 |
| Amritsar | ₹76,310 | ₹83,230 |
| Bangalore | ₹76,125 | ₹83,045 |
| Bhopal | ₹76,194 | ₹83,114 |
| Bhubaneswar | ₹76,130 | ₹83,050 |
| Chandigarh | ₹76,292 | ₹83,212 |
| Chennai | ₹76,131 | ₹83,051 |
| Coimbatore | ₹76,150 | ₹83,070 |
| Delhi | ₹76,283 | ₹83,203 |
| Faridabad | ₹76,315 | ₹83,235 |
| Gurgaon | ₹76,308 | ₹83,228 |
| Hyderabad | ₹76,139 | ₹83,059 |
| Jaipur | ₹76,276 | ₹83,196 |
| Kanpur | ₹76,303 | ₹83,223 |
| Kerala | ₹76,155 | ₹83,075 |
| Kochi | ₹76,156 | ₹83,076 |
| Kolkata | ₹76,135 | ₹83,055 |
| Lucknow | ₹76,299 | ₹83,219 |
| Madurai | ₹76,127 | ₹83,047 |
| Mangalore | ₹76,138 | ₹83,058 |
| Meerut | ₹76,309 | ₹83,229 |
| Mumbai | ₹76,137 | ₹83,057 |
| Mysore | ₹76,124 | ₹83,044 |
| Nagpur | ₹76,151 | ₹83,071 |
| Nashik | ₹76,187 | ₹83,107 |
| Patna | ₹76,179 | ₹83,099 |
| Pune | ₹76,143 | ₹83,063 |
| Surat | ₹76,198 | ₹83,118 |
| Vadodara | ₹76,204 | ₹83,124 |
| Vijayawada | ₹76,145 | ₹83,065 |
| Visakhapatnam | ₹76,147 | ₹83,067 |
This table provides the latest gold prices in different cities across India for both 22 Carat and 24 Carat gold, reflecting the most recent updates.
Gold Rates Over the Last 07 Days
The price of gold fluctuates regularly, driven by a combination of domestic and international factors. Below is a summary of the gold price trends over the past 07 days:
| Date | 22 Carat Price | 24 Carat Price |
|---|---|---|
| Jan 30, 2025 | ₹76,133 (+₹870) | ₹83,033 (+₹940) |
| Jan 29, 2025 | ₹75,263 (-₹300) | ₹82,093 (-₹320) |
| Jan 28, 2025 | ₹75,563 (-₹150) | ₹82,413 (-₹170) |
| Jan 27, 2025 | ₹75,713 (-₹10) | ₹82,583 (-₹10) |
| Jan 26, 2025 | ₹75,723 (-₹10) | ₹82,593 (-₹10) |
| Jan 25, 2025 | ₹75,733 (+₹320) | ₹82,603 (+₹350) |
| Jan 24, 2025 | ₹75,413 (-₹20) | ₹82,253 (-₹20) |
Key Factors Affecting Gold Prices in India
Gold is primarily influenced by several factors, both global and domestic:
- Currency and Exchange Rates: When the Indian rupee weakens against the US dollar, gold prices tend to increase in India.
- Global Economic Factors: International market fluctuations, economic policies, and geopolitical tensions can impact the price of gold.
- Taxes and Import Duties: The central government imposes an import duty (currently at 10%) on gold, which adds to the domestic price.
- Inflation Hedge: Gold is viewed as a safeguard against inflation, with investors flocking to it during periods of economic uncertainty.
Types of Gold in India
- 24K Gold: This is the purest form of gold, with 99.99% purity. While it is highly valued for investment, it is too soft for jewelry.
- 22K Gold: Composed of 91.6% gold and 8.4% other metals (like copper or zinc), 22K gold is commonly used in jewelry due to its durability.
Popular Investment Options in Gold
- Physical Gold: Bars, coins, and jewelry are traditional forms of gold investment.
- Gold ETFs: Exchange-Traded Funds allow investors to buy gold electronically without the need to physically hold it.
- Sovereign Gold Bonds: Issued by the government, these bonds offer a fixed interest rate along with gold price appreciation.
FAQs About Gold
- Why should you invest in gold? Gold is considered a stable investment, especially during times of economic uncertainty, inflation, and currency fluctuations.
- What are the various forms of investing in gold? Investors can invest in physical gold (bars, coins, jewelry), Gold ETFs, and Sovereign Gold Bonds.
- Does India import gold? Yes, India is the largest importer of gold, primarily for its thriving jewelry industry.
- How are gold prices determined in India? Gold prices in India are influenced by global market trends, exchange rates, import duties, and local demand.
- What is the difference between 22K and 24K gold?
- 24K gold: Pure gold (99.99% purity), typically used for investment.
- 22K gold: Composed of 91.6% gold and 8.4% other metals, commonly used for jewelry.
- What is pure gold? Pure gold is 24K gold, with 99.99% purity, making it the most valuable form of gold.
- What is hallmarking of gold? Hallmarking is the certification of gold purity by the Bureau of Indian Standards (BIS), ensuring that the gold is of the specified purity.
- Who is responsible for hallmarking gold in India? The Bureau of Indian Standards (BIS) is responsible for gold hallmarking in India.
- What does KDM gold mean? KDM gold refers to gold that has been mixed with cadmium in the alloy to enhance its shine, but it is less popular due to potential health risks associated with cadmium exposure.
By understanding the fluctuations and influences on today’s gold rate, you can make more informed decisions when buying or investing in gold. Always keep an eye on the market and the factors affecting it to ensure you’re getting the best value for your investment.