Gold Price in Delhi – Updated on January 9, 2025
Gold has always been one of the most popular and stable investment options for Indian households. Whether you are buying gold for investment purposes, festive occasions, or crafting jewelry, staying updated on the Gold price in Delhi is crucial. Gold prices fluctuate daily, influenced by global economic conditions, demand, and domestic factors such as taxes and import duties.
In this article, we will explore the latest gold price trends in Delhi, focusing on the 24 Carat and 22 Carat gold rates as of January 9, 2025, and the prices in various cities across India.
Gold Price in Delhi – January 9, 2025
Here is a quick look at the gold prices in Delhi for both 22 Carat and 24 Carat gold:
| Gold Type | Price (Per 10 grams) | Change |
|---|---|---|
| 24 Carat Gold | ₹79,003 | + ₹130.00 |
| 22 Carat Gold | ₹72,433 | + ₹120.00 |
Why Should You Keep Track of the Gold Price in Delhi?
Gold has always been a secure investment option, especially in India, where it is deeply intertwined with culture and tradition. Whether you’re considering purchasing gold jewelry, coins, or bars, staying informed about the Gold price in Delhi is essential for making sound investment decisions.
- Global Factors: The international gold price is affected by various factors, including the performance of the U.S. dollar, geopolitical instability, and inflation.
- Domestic Factors: India imposes a 10% import duty on gold, which impacts the local price. Additionally, demand during festivals like Diwali and Akshaya Tritiya can cause fluctuations in price.
- Economic Uncertainty: During uncertain economic times, gold is often seen as a safe investment, which may lead to an increase in demand and, consequently, higher prices.
Gold Prices in Major Indian Cities
Gold prices in India are typically similar across most metro cities, but local taxes, duties, and market demand can cause minor variations. Here’s a quick comparison of the gold prices in major cities as of January 9, 2025:
Gold Price in Major Cities (January 9, 2025)
| City | 24 Carat Price (Per 10 gm) | 22 Carat Price (Per 10 gm) |
|---|---|---|
| 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 Different Cities Across India (January 9, 2025)
Below is a list of gold prices in various cities across India:
| City | 22 Carat Price | 24 Carat Price |
|---|---|---|
| Ahmedabad | ₹72,341 | ₹78,911 |
| Amritsar | ₹72,460 | ₹79,030 |
| Bhopal | ₹72,344 | ₹78,914 |
| Bhubaneswar | ₹72,280 | ₹78,850 |
| Chandigarh | ₹72,442 | ₹79,012 |
| Coimbatore | ₹72,300 | ₹78,870 |
| 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 |
| Lucknow | ₹72,449 | ₹79,019 |
| Madurai | ₹72,277 | ₹78,847 |
| Mangalore | ₹72,288 | ₹78,858 |
| Meerut | ₹72,459 | ₹79,029 |
| Mysore | ₹72,274 | ₹78,844 |
| Nagpur | ₹72,301 | ₹78,871 |
| Nashik | ₹72,337 | ₹78,907 |
| Patna | ₹72,329 | ₹78,899 |
| Surat | ₹72,348 | ₹78,918 |
| Vadodara | ₹72,354 | ₹78,924 |
| Vijayawada | ₹72,295 | ₹78,865 |
| Visakhapatnam | ₹72,297 | ₹78,867 |
How to Invest in Gold in Delhi
Gold can be bought in several forms in Delhi, each suited for different investment needs. The most common forms of gold investment include:
- Physical Gold: Jewelry, coins, and bars.
- Gold ETFs: Exchange-Traded Funds that track the price of gold without owning the physical metal.
- Sovereign Gold Bonds (SGB): Government-issued bonds that offer both capital appreciation and interest returns.
- Gold Mutual Funds: Invest in gold-related assets like mining companies and gold ETFs.
Factors Influencing Gold Price in Delhi
The Gold price in Delhi can fluctuate due to several factors:
- International Gold Price: The global market directly affects the price of gold in India. For example, fluctuations in the U.S. dollar, oil prices, and geopolitical events can influence gold prices worldwide.
- Currency Rates: A weaker rupee often leads to higher gold prices in India.
- Demand & Supply: Increased demand for gold during festivals or wedding seasons can push prices up.
Conclusion
Staying informed about the Gold price in Delhi is essential for anyone looking to buy gold in the city, whether for investment, gifts, or special occasions. With fluctuating global and domestic factors impacting gold rates, keeping an eye on prices will help you make well-timed purchases.
For the most up-to-date information on gold prices in Delhi and other cities across India, regularly check market trends and consider the local factors influencing prices. Whether you are looking for 22 Karat or 24 Karat gold, the current rates in Delhi reflect a balance of demand, global economic conditions, and local taxes.
By understanding these key elements, you can make informed decisions about your gold purchases and investments.