Gold Price in Delhi: Latest Update on 10th January 2025
Gold has always been a precious and valuable asset for investment and adornment. The gold price in Delhi is a key indicator for gold buyers and investors across the country, as Delhi is one of India’s major gold markets. The price of gold fluctuates daily based on global factors, including the value of the US dollar, geopolitical events, and domestic factors like demand, import duties, and taxes. If you’re interested in learning about the current gold price in Delhi, you’ve come to the right place. In this article, we will provide you with the most recent gold rates and explain the factors that affect them.
Gold Price in Delhi – 10th January 2025
Current Gold Rates
As of 10th January 2025, the gold price in Delhi for 24 carat and 22 carat gold is as follows:
| Gold Type | Price per 10 grams |
|---|---|
| 24 Carat Gold | ₹79,003 |
| 22 Carat Gold | ₹72,433 |
These prices represent the current rates for 24K gold (99.9% pure) and 22K gold (91.67% pure) in Delhi. These are the prices for purchasing gold in its raw form, without considering any making charges or taxes that may apply when buying jewelry.
Gold Price Comparison in Metro Cities (10th January 2025)
Gold prices differ from city to city in India, due to factors like taxes, demand, and import duties. Below is a comparison of gold price in Delhi with other major cities.
| City | 24 Carat Gold (₹ per 10 grams) | 22 Carat Gold (₹ per 10 grams) |
|---|---|---|
| Bangalore | ₹78,845 | ₹72,275 |
| Chennai | ₹78,851 | ₹72,281 |
| Delhi | ₹79,003 | ₹72,433 |
| Kolkata | ₹78,855 | ₹72,285 |
| Mumbai | ₹78,857 | ₹72,287 |
| Pune | ₹78,863 | ₹72,293 |
Gold Prices in Other Cities
In addition to Delhi, here’s a look at the gold price in different cities across India:
| City | 24 Carat Gold | 22 Carat Gold |
|---|---|---|
| Ahmedabad | ₹78,911 | ₹72,341 |
| Amritsar | ₹79,030 | ₹72,460 |
| Bhopal | ₹78,914 | ₹72,344 |
| Chandigarh | ₹79,012 | ₹72,442 |
| Faridabad | ₹79,035 | ₹72,465 |
| Hyderabad | ₹78,859 | ₹72,289 |
| Jaipur | ₹78,996 | ₹72,426 |
| Kanpur | ₹79,023 | ₹72,453 |
| Kochi | ₹78,876 | ₹72,306 |
| Lucknow | ₹79,019 | ₹72,449 |
Why Does the Gold Price in Delhi Fluctuate?
The gold price in Delhi is influenced by a variety of factors:
- Global Gold Prices: The global market for gold sets the standard for prices in India. The price of gold is typically quoted in US dollars, and fluctuations in the global market impact the prices in India.
- Exchange Rate: The value of the Indian Rupee against the US Dollar plays a significant role in determining the local gold price. If the rupee weakens, gold prices tend to rise.
- Import Duty and Taxes: The Indian government imposes import duties on gold. Any changes in these duties, such as hikes to curb gold imports, directly affect the gold price in Delhi and other Indian cities.
- Local Demand: Demand for gold in Delhi, driven by factors like festivals, weddings, and investments, also influences the price. During high demand periods, such as during Diwali or wedding seasons, gold prices may increase.
- Inflation and Economic Factors: Gold is often seen as a hedge against inflation and economic instability. If the economy is uncertain, more people may turn to gold as a safe investment, driving up the price.
How to Buy Gold in Delhi?
When buying gold in Delhi, you can choose from several forms:
- Gold Jewelry: The most common form of purchasing gold in Delhi is through jewelry. Most jewelers in the city offer gold in both 24K and 22K varieties, depending on whether you’re looking for pure gold or gold that is alloyed for strength.
- Gold Coins and Bars: Many buyers prefer buying physical gold in the form of coins or bars for investment purposes. Gold coins usually come in denominations of 1 gram, 5 grams, 10 grams, and more.
- Sovereign Gold Bonds: These government-backed digital bonds are an attractive alternative to physical gold, offering the advantage of no storage issues and potential interest returns.
- Gold ETFs: Exchange-Traded Funds (ETFs) allow investors to buy gold digitally, and they represent ownership in gold assets without having to physically hold the metal.
Here is the Gold Rate in Different Cities in India :
| City Name | 22 Carat Price (₹ per 10 grams) | 24 Carat Price (₹ per 10 grams) |
|---|---|---|
| Ahmedabad | ₹72,341 | ₹78,911 |
| Amritsar | ₹72,460 | ₹79,030 |
| Bangalore | ₹72,275 | ₹78,845 |
| Bhopal | ₹72,344 | ₹78,914 |
| Bhubaneswar | ₹72,280 | ₹78,850 |
| Chandigarh | ₹72,442 | ₹79,012 |
| Chennai | ₹72,281 | ₹78,851 |
| Coimbatore | ₹72,300 | ₹78,870 |
| Delhi | ₹72,433 | ₹79,003 |
| Faridabad | ₹72,465 | ₹79,035 |
| Gurgaon | ₹72,458 | ₹79,028 |
| Hyderabad | ₹72,289 | ₹78,859 |
| Jaipur | ₹72,426 | ₹78,996 |
| Kanpur | ₹72,453 | ₹79,023 |
| Kerala | ₹72,305 | ₹78,875 |
| Kochi | ₹72,306 | ₹78,876 |
| Kolkata | ₹72,285 | ₹78,855 |
| Lucknow | ₹72,449 | ₹79,019 |
| Madurai | ₹72,277 | ₹78,847 |
| Mangalore | ₹72,288 | ₹78,858 |
| Meerut | ₹72,459 | ₹79,029 |
| Mumbai | ₹72,287 | ₹78,857 |
| Mysore | ₹72,274 | ₹78,844 |
| Nagpur | ₹72,301 | ₹78,871 |
| Nashik | ₹72,337 | ₹78,907 |
| Patna | ₹72,329 | ₹78,899 |
| Pune | ₹72,293 | ₹78,863 |
| Surat | ₹72,348 | ₹78,918 |
| Vadodara | ₹72,354 | ₹78,924 |
| Vijayawada | ₹72,295 | ₹78,865 |
| Visakhapatnam | ₹72,297 | ₹78,867 |
Why is Gold a Popular Investment in Delhi?
Gold has been a traditional and favored investment option in India for centuries, particularly in Delhi, which has a rich cultural history. Some reasons why people prefer investing in gold include:
- Hedge Against Inflation: Gold is often seen as a safe haven during times of economic uncertainty, making it an attractive investment option.
- Cultural Significance: Gold is an integral part of Indian culture, especially in Delhi, where it is commonly bought for weddings, festivals, and celebrations.
- Liquidity: Gold is easy to buy and sell, making it one of the most liquid assets in India.
Conclusion
If you’re looking to invest in gold, it’s important to keep track of the gold price in Delhi, as prices can fluctuate daily. Understanding the factors that influence these fluctuations can help you make informed decisions about when and how to purchase gold. Whether you’re buying jewelry for an occasion or investing in gold bars or coins, keeping an eye on the gold price in Delhi will ensure that you make the best investment at the right time.
Stay updated with the latest gold prices, and make sure to check reliable sources like this one for the most accurate and up-to-date information.