Gold Rate Today in India – Updated on 28th January, 2025
As of today, January 28, 2025, the gold rates in India are as follows:
- 24 Carat Gold (10 grams): ₹82,413 (down ₹170)
- 22 Carat Gold (10 grams): ₹75,563 (down ₹150)
India ranks as the second-largest consumer of gold globally, just behind China. A significant portion of the country’s gold demand is met through imports, along with locally recycled bullion. While international gold prices (denominated in US dollars) set a general trend, factors such as import duties, taxes, and exchange rates between the Indian Rupee (INR) and the US Dollar influence the local price of gold. In India, gold is often viewed as a secure investment, especially in times of inflation, but bond yields and the strength of the dollar also impact the precious metal’s pricing.
Gold Rates in Major Indian Cities – 28th January 2025
24 Carat Gold Price per 10 grams:
- Bangalore: ₹82,255 (down ₹170)
- Chennai: ₹82,261 (down ₹170)
- Delhi: ₹82,413 (down ₹170)
- Kolkata: ₹82,265 (down ₹170)
- Mumbai: ₹82,267 (down ₹170)
- Pune: ₹82,273 (down ₹170)
22 Carat Gold Price per 10 grams:
- Bangalore: ₹75,405 (down ₹150)
- Chennai: ₹75,411 (down ₹150)
- Delhi: ₹75,563 (down ₹150)
- Kolkata: ₹75,415 (down ₹150)
- Mumbai: ₹75,417 (down ₹150)
- Pune: ₹75,423 (down ₹150)
Gold Rates in Cities Across India
| City | 22 Carat Price (₹/10g) | 24 Carat Price (₹/10g) |
|---|---|---|
| Ahmedabad | ₹75,471 | ₹82,321 |
| Amritsar | ₹75,690 | ₹82,440 |
| Bangalore | ₹75,405 | ₹82,255 |
| Bhopal | ₹75,574 | ₹82,324 |
| Bhubaneswar | ₹75,410 | ₹82,260 |
| Chennai | ₹75,411 | ₹82,261 |
| Coimbatore | ₹75,430 | ₹82,280 |
| Delhi | ₹75,563 | ₹82,413 |
| Faridabad | ₹75,595 | ₹82,445 |
| Gurgaon | ₹75,588 | ₹82,438 |
| Hyderabad | ₹75,419 | ₹82,269 |
| Jaipur | ₹75,556 | ₹82,406 |
| Kanpur | ₹75,583 | ₹82,433 |
| Kochi | ₹75,436 | ₹82,286 |
| Kolkata | ₹75,415 | ₹82,265 |
| Lucknow | ₹75,579 | ₹82,429 |
| Madurai | ₹75,407 | ₹82,257 |
| Mangalore | ₹75,418 | ₹82,268 |
| Meerut | ₹75,589 | ₹82,439 |
| Mumbai | ₹75,417 | ₹82,267 |
| Mysore | ₹75,404 | ₹82,254 |
| Nagpur | ₹75,431 | ₹82,281 |
| Nashik | ₹75,607 | ₹82,477 |
| Patna | ₹75,459 | ₹82,309 |
| Pune | ₹75,423 | ₹82,273 |
| Surat | ₹75,478 | ₹82,328 |
| Vadodara | ₹75,484 | ₹82,334 |
| Vijayawada | ₹75,425 | ₹82,275 |
| Visakhapatnam | ₹75,427 | ₹82,277 |
Gold Prices Over the Last 15 Days
| Date | 22 Carat Price (₹) | 24 Carat Price (₹) |
|---|---|---|
| 27th Jan, 2025 | ₹75,713 (down ₹10) | ₹82,583 (down ₹10) |
| 26th Jan, 2025 | ₹75,723 (down ₹10) | ₹82,593 (down ₹10) |
| 25th Jan, 2025 | ₹75,733 (up ₹320) | ₹82,603 (up ₹350) |
| 24th Jan, 2025 | ₹75,413 (down ₹20) | ₹82,253 (down ₹20) |
| 23rd Jan, 2025 | ₹75,433 (up ₹750) | ₹82,273 (up ₹860) |
| 22nd Jan, 2025 | ₹74,683 (no change) | ₹81,413 (no change) |
| 21st Jan, 2025 | ₹74,683 (up ₹170) | ₹81,413 (up ₹140) |
| 20th Jan, 2025 | ₹74,513 (down ₹10) | ₹81,273 (down ₹10) |
| 19th Jan, 2025 | ₹74,523 (down ₹160) | ₹81,283 (down ₹170) |
| 18th Jan, 2025 | ₹74,683 (up ₹600) | ₹81,453 (up ₹650) |
| 17th Jan, 2025 | ₹74,083 (up ₹500) | ₹80,803 (up ₹550) |
| 16th Jan, 2025 | ₹73,583 (up ₹120) | ₹80,253 (up ₹130) |
| 15th Jan, 2025 | ₹73,463 (down ₹120) | ₹80,123 (down ₹130) |
| 14th Jan, 2025 | ₹73,583 (up ₹420) | ₹80,253 (up ₹440) |
Understanding Gold in India
Gold, a symbol of wealth and prosperity, is also considered a safe investment vehicle in India. The country predominantly trades in two types of gold:
- 24K Gold: Known for its purity (99.99%), it is the most refined form of gold but is too soft to be used for making jewelry.
- 22K Gold: Composed of 22 parts gold and 2 parts other metals like copper or zinc, it is ideal for making durable jewelry.
India imports around 800-900 tonnes of gold annually, making it the world’s largest importer. The price of gold is influenced by several factors, including global economic conditions, inflation, interest rates, and the exchange rate between the Indian Rupee and the US Dollar. As a result, gold rates in India can vary based on geopolitical changes and economic shifts.
Investing in Gold
Gold can be purchased in various forms:
- Physical Gold: Coins, bars, and jewelry.
- Gold ETFs: Exchange-Traded Funds provide an easier way to invest in gold without physical ownership.
- Sovereign Gold Bonds: Government-issued bonds that offer returns based on the gold price.
India’s gold hallmarking system guarantees purity, ensuring buyers are not duped into buying adulterated gold.
FAQs About Gold
- Why should you invest in gold? Gold is a hedge against inflation and offers a safe investment option during economic uncertainty.
- What are the forms of investing in gold? Gold can be invested in physical form (jewelry, coins, bars), or through ETFs and sovereign gold bonds.
- Does India import gold? Yes, India imports a significant quantity of gold to meet the demand for jewelry and investments.
- How are gold prices determined in India? Gold prices in India are determined by international gold rates, import duties, exchange rates, and local demand.
- What is the difference between 22K and 24K gold? 24K gold is pure gold (99.99% purity), while 22K gold is 91.67% pure and mixed with other metals for better durability.
- What is hallmarking of gold? Hallmarking ensures the purity of gold, providing buyers confidence in the gold they purchase.
- Who is responsible for hallmarking gold in India? The Bureau of Indian Standards (BIS) is responsible for certifying the purity of gold in India.
- What does KDM gold mean? KDM refers to a specific method of gold alloying, where gold is mixed with 92% pure gold and 8% cadmium.
Conclusion
For real-time gold price updates and reliable market trends, ensure to visit trusted sources regularly. Gold rates can vary based on domestic and international market fluctuations, and keeping track of these trends can help you make informed investment decisions. Whether you are looking to buy gold jewelry or invest in physical gold or ETFs, knowing the current gold rate is crucial. Stay updated on gold price trends in India and make savvy investment choices.