Gold Price in Delhi – Updated on 31st January 2025
Gold continues to be one of the most preferred assets for investment, savings, and jewelry in India. The gold price in Delhi, one of India’s most significant financial hubs, is influenced by global and domestic market trends, including currency exchange rates, global economic conditions, and local demand. As of 31st January 2025, the gold prices in Delhi for different carats are as follows:
- 24 Carat Gold Price (10 grams): ₹83,203 (+₹170)
- 22 Carat Gold Price (10 grams): ₹76,283 (+₹150)
Delhi, with its large population and thriving jewelry market, sees frequent fluctuations in gold prices, making it important for buyers and investors to stay updated on the current market trends.
Gold Price Trends in Major Indian Cities (31st January 2025)
Gold prices are generally uniform across major cities, though slight variations may occur due to local taxes and demand. Here’s a quick look at the gold prices in some of the prominent cities:
24 Carat Gold (10 grams):
- Bangalore: ₹83,045 (+₹170)
- Chennai: ₹83,051 (+₹170)
- Delhi: ₹83,203 (+₹170)
- Kolkata: ₹83,055 (+₹170)
- Mumbai: ₹83,057 (+₹170)
- Pune: ₹83,063 (+₹170)
22 Carat Gold (10 grams):
- Bangalore: ₹76,125 (+₹150)
- Chennai: ₹76,131 (+₹150)
- Delhi: ₹76,283 (+₹150)
- Kolkata: ₹76,135 (+₹150)
- Mumbai: ₹76,137 (+₹150)
- Pune: ₹76,143 (+₹150)
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.
Factors Influencing Gold Price in Delhi
Gold prices in Delhi are determined by several factors:
- Global Economic Trends: Gold is traded globally in US dollars, so international factors, including economic growth, inflation, and interest rates, affect its price.
- Exchange Rates: The value of the Indian Rupee (INR) against the US Dollar is a crucial factor. If the INR weakens against the USD, gold prices in India tend to rise.
- Government Taxes and Import Duty: The Indian government imposes a 10% import duty on gold, which adds to the price of gold in the domestic market.
- Local Demand and Seasonal Variation: The demand for gold often spikes during festive seasons like Diwali, Dhanteras, and wedding seasons, causing price fluctuations.
How to Buy Gold in Delhi
Gold is available in several forms, and buyers can choose based on their investment goals:
- Physical Gold: This includes gold jewelry, coins, and bars. Delhi has numerous trusted jewelers, and shopping for gold jewelry is common, especially for weddings and other celebrations.
- Gold ETFs: Gold Exchange-Traded Funds (ETFs) allow investors to buy gold electronically. These are a convenient option for investors who prefer not to hold physical gold.
- Sovereign Gold Bonds: Issued by the Indian government, these bonds offer a fixed interest along with the appreciation in gold prices.
Gold Price in Delhi: Historical Data (Recent Trends)
The price of gold in Delhi has seen gradual fluctuations over the past few weeks. Below is a summary of the recent trends for 22 Carat and 24 Carat gold 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) |
As shown, gold prices have fluctuated but are typically on an upward trend, highlighting the importance of keeping an eye on market updates if you plan to buy or invest.
FAQs About Gold Price in Delhi
1. Why is the gold price higher in Delhi compared to other cities?
Gold prices in Delhi are generally on par with other metro cities in India. Any slight variations may occur due to local demand, transportation costs, and state taxes. However, gold prices in India are largely influenced by global economic factors and the strength of the US dollar.
2. What factors affect gold price fluctuations in Delhi?
Gold prices fluctuate due to several factors, including:
- Global market trends and economic conditions.
- The value of the Indian Rupee against the US Dollar.
- Local demand and seasonality (e.g., wedding season and festivals).
- Import duties and taxes imposed by the Indian government.
3. How often do gold prices in Delhi change?
Gold prices change daily due to the volatility in global markets. It is important to check prices regularly if you’re planning to buy or sell gold.
4. What is the difference between 22K and 24K gold?
- 24K Gold: Pure gold with 99.9% purity. It is softer and used primarily for investment purposes.
- 22K Gold: Contains 91.67% gold, mixed with other metals for durability. It is the most common form of gold used in jewelry.
5. How can I invest in gold in Delhi?
There are several ways to invest in gold:
- Physical Gold: Purchasing jewelry, coins, or bars.
- Gold ETFs: A financial product that allows you to invest in gold without physically owning it.
- Sovereign Gold Bonds: Government-backed bonds that provide interest and track gold prices.
6. How does the exchange rate impact gold prices in Delhi?
When the Indian Rupee weakens against the US Dollar, gold prices in Delhi tend to rise. Since gold is priced globally in US dollars, fluctuations in the exchange rate influence local prices.
Conclusion
Gold remains a reliable and attractive investment for many in Delhi. By staying updated on the gold price in Delhi and understanding the factors influencing it, you can make informed decisions regarding your purchases or investments. Whether you’re looking to buy jewelry or invest in gold for its long-term value, knowing the trends and market conditions will help you get the best price for your money.