
Gold Price in Delhi – Updated on January 12, 2025
If you’re planning to buy gold or looking to invest in it today, knowing the current gold price in Delhi is crucial. As of January 12, 2025, the price of gold in Delhi has seen slight increases. Here’s a quick snapshot of the prices:
- 24 Carat Gold Price in Delhi (10g of 24K gold): ₹79,823 (+₹170)
- 22 Carat Gold Price in Delhi (10g of 22K gold): ₹73,173 (+₹140)
These rates represent the latest gold prices in Delhi, which can fluctuate due to various economic factors like currency changes, global market trends, import duties, and more.
Gold Price Today in Metro Cities – January 12, 2025
The price of gold varies across different cities in India, influenced by factors like local demand, taxes, and import duties. Here’s a look at the current gold prices in major cities, including Delhi:
City | 24 Carat Gold (₹/10g) | 22 Carat Gold (₹/10g) |
---|---|---|
Bangalore | ₹79,655 (+₹160) | ₹73,015 (+₹140) |
Chennai | ₹79,661 (+₹160) | ₹73,021 (+₹140) |
Delhi | ₹79,823 (+₹170) | ₹73,173 (+₹140) |
Kolkata | ₹79,665 (+₹160) | ₹73,025 (+₹140) |
Mumbai | ₹79,667 (+₹160) | ₹73,027 (+₹140) |
Pune | ₹79,673 (+₹160) | ₹73,033 (+₹140) |
As you can see, gold price in Delhi today stands at ₹79,823 per 10 grams for 24K gold, and ₹73,173 per 10 grams for 22K gold. These prices reflect the current fluctuations in the gold market.
Key Factors Affecting Gold Price in Delhi
The gold price in Delhi is influenced by various factors that contribute to its daily movement:
- International Gold Prices: The global market plays a significant role in determining the price of gold. As international gold prices rise or fall, it directly affects the rates in India.
- Currency Exchange Rates: The value of the Indian Rupee against the US Dollar also impacts gold prices. If the rupee weakens, gold prices tend to rise.
- Import Duties: Gold import duties imposed by the Indian government affect the overall cost of gold, including the price you pay in Delhi.
- Local Demand: The demand for gold, especially during festivals, weddings, and other cultural occasions, can drive up prices in certain regions, including Delhi.
- Taxes and State Levies: Local taxes and levies in Delhi can also influence the price of gold, making it slightly higher or lower compared to other cities in India.
How to Invest in Gold in Delhi
If you’re considering investing in gold in Delhi, you can explore a few options:
- Physical Gold: This includes gold coins, bars, and jewelry, which are widely available in markets and stores across Delhi.
- Gold ETFs (Exchange-Traded Funds): If you prefer a more liquid investment, Gold ETFs are a great choice. These are traded on stock exchanges and reflect the current market price of gold.
- Sovereign Gold Bonds: These government-backed bonds offer a secure way to invest in gold, and they also provide interest along with capital appreciation.
Gold is often considered a safe investment during economic uncertainty, and investing in it can act as a hedge against inflation.
22K vs 24K Gold in Delhi
When you are shopping for gold in Delhi, you’ll typically come across two common types of gold purity:
- 24 Carat Gold: Also known as 999 gold, this is the purest form of gold, with 99.9% gold content. However, it is soft and generally used for investment purposes or bullion.
- 22 Carat Gold: This type contains 91.67% gold mixed with other metals like copper or zinc, making it more durable. It’s primarily used for jewelry, as it balances purity and strength.
Conclusion
Staying informed about the gold price in Delhi is essential, whether you’re looking to buy gold for jewelry, investment, or savings. The gold prices today in Delhi show a slight increase, with 24K gold priced at ₹79,823 and 22K gold at ₹73,173 per 10 grams. Keep an eye on daily fluctuations and market trends to make the best decisions when buying gold.
Frequently Asked Questions (FAQs) About Gold
- Why is gold considered a good investment?
- What factors determine the price of gold in Delhi?
- What is the difference between 22K and 24K gold?
- How do import duties affect gold prices in India?
- What is the best way to invest in gold in Delhi?
- Is hallmarking mandatory for gold in Delhi?
- How is the gold price in Delhi different from other cities?
- What is Sovereign Gold Bond, and how does it work?
By staying updated on the latest gold price in Delhi, you can make informed decisions about your purchases and investments. Whether it’s for a wedding, an investment, or just a special occasion, understanding gold price trends helps you get the best deal.