Gold Rate – Updated on 15th January 2025
Gold has long been considered a symbol of wealth and a reliable investment, particularly in India, where it holds both cultural and financial significance. As of January 15, 2025, the gold rate in India is as follows:
- 24 Carat Gold (10 grams): ₹80,123 – ₹130.00
- 22 Carat Gold (10 grams): ₹73,463 – ₹120.00
India is the second-largest consumer of gold in the world, trailing only China. The country’s demand for gold is met primarily through imports, along with some domestic recycling. While international gold prices—denominated in U.S. dollars—are a major influence, domestic gold prices are also shaped by factors like import duties, taxes, and the exchange rate of the Indian rupee.
Gold Prices in Major Indian Cities – 15th January 2025
Gold prices in India can vary from city to city based on regional demand, taxes, and transportation costs. Here are the current gold rates in major metro cities:
| City | 24 Carat (10g) | 22 Carat (10g) |
|---|---|---|
| Bangalore | ₹80,123 – ₹130.00 | ₹73,305 – ₹120.00 |
| Chennai | ₹79,971 – ₹130.00 | ₹73,311 – ₹120.00 |
| Delhi | ₹80,123 – ₹130.00 | ₹73,463 – ₹120.00 |
| Kolkata | ₹79,975 – ₹130.00 | ₹73,315 – ₹120.00 |
| Mumbai | ₹79,977 – ₹130.00 | ₹73,317 – ₹120.00 |
| Pune | ₹79,983 – ₹130.00 | ₹73,323 – ₹120.00 |
As you can see, gold prices can fluctuate slightly across cities due to these regional differences.
Gold Rates in Other Cities Across India
Gold prices across other cities in India, both for 22k and 24k gold, are listed below. These rates can serve as a useful guide for anyone looking to buy gold in various parts of the country:
| City | 22 Carat Price | 24 Carat Price |
|---|---|---|
| Ahmedabad | ₹73,371 | ₹80,031 |
| Amritsar | ₹73,490 | ₹80,240 |
| Bhopal | ₹73,374 | ₹80,034 |
| Bhubaneswar | ₹73,310 | ₹79,970 |
| Chandigarh | ₹73,472 | ₹80,132 |
| Coimbatore | ₹73,330 | ₹79,990 |
| Faridabad | ₹73,495 | ₹80,155 |
| Gurgaon | ₹73,488 | ₹80,148 |
| Hyderabad | ₹73,319 | ₹79,979 |
| Jaipur | ₹73,456 | ₹80,116 |
| Kanpur | ₹73,483 | ₹80,143 |
| Kochi | ₹73,336 | ₹79,996 |
| Kerala | ₹73,335 | ₹79,995 |
| Lucknow | ₹73,479 | ₹80,139 |
| Mangalore | ₹73,318 | ₹79,978 |
| Meerut | ₹73,489 | ₹80,149 |
| Mumbai | ₹73,317 | ₹79,977 |
| Nagpur | ₹73,331 | ₹79,991 |
| Pune | ₹73,323 | ₹79,983 |
| Surat | ₹73,378 | ₹80,038 |
| Vadodara | ₹73,384 | ₹80,044 |
| Vijayawada | ₹73,325 | ₹79,985 |
| Visakhapatnam | ₹73,327 | ₹79,987 |
Gold Price Movements Over the Last 15 Days
Gold prices can change daily due to various global and domestic factors. Here’s a quick snapshot of the gold rate trends over the past 15 days:
| Date | 22 Carat Price | 24 Carat Price |
|---|---|---|
| Jan 14, 2025 | ₹73,583 – ₹420.00 | ₹80,253 – ₹440.00 |
| Jan 13, 2025 | ₹73,163 – ₹10.00 | ₹79,813 – ₹10.00 |
| Jan 12, 2025 | ₹73,173 – ₹140.00 | ₹79,823 – ₹170.00 |
| Jan 11, 2025 | ₹73,033 – ₹250.00 | ₹79,653 – ₹270.00 |
| Jan 10, 2025 | ₹72,783 – ₹350.00 | ₹79,383 – ₹380.00 |
| Jan 09, 2025 | ₹72,433 – ₹120.00 | ₹79,003 – ₹130.00 |
| Jan 08, 2025 | ₹72,313 – ₹0.00 | ₹78,873 – ₹0.00 |
| Jan 07, 2025 | ₹72,313 – ₹0.00 | ₹78,873 – ₹0.00 |
| Jan 06, 2025 | ₹72,313 – ₹10.00 | ₹78,873 – ₹10.00 |
| Jan 05, 2025 | ₹72,323 – ₹460.00 | ₹78,883 – ₹500.00 |
| Jan 04, 2025 | ₹72,783 – ₹800.00 | ₹79,383 – ₹870.00 |
| Jan 03, 2025 | ₹71,983 – ₹300.00 | ₹78,513 – ₹330.00 |
| Jan 02, 2025 | ₹71,683 – ₹420.00 | ₹78,183 – ₹460.00 |
| Jan 01, 2025 | ₹71,263 – ₹420.00 | ₹77,723 – ₹460.00 |
Factors Influencing Gold Prices in India
Several factors contribute to the fluctuations in gold rates in India:
- Global Market Trends: International gold prices largely dictate domestic rates, as India imports the majority of its gold.
- Currency Value: A weakening rupee against the dollar typically leads to higher gold prices in India.
- Interest Rates & Inflation: When bond yields are low and inflation rises, gold often becomes more attractive as a safe investment.
- Geopolitical Tensions: Global instability can drive demand for gold as a “safe-haven” asset, causing prices to increase.
Gold Purity: 22K vs 24K
In India, gold is available in two primary types:
- 24K Gold: The purest form of gold, containing 99.99% gold. It is too soft for jewelry but is commonly used in bars and coins.
- 22K Gold: Contains 91.67% gold, with the remainder made up of other metals like copper and zinc. It is the standard for jewelry.
The Role of Hallmarking in Gold Purchases
Gold purchased in India is often hallmarked by the Bureau of Indian Standards (BIS) to ensure its purity. Hallmarking protects consumers by confirming that the gold they buy meets specific purity standards, making it a trustworthy investment.
Investing in Gold: Options and Benefits
Gold offers a variety of investment options for those looking to diversify their portfolios:
- Physical Gold: Coins, bars, and jewelry.
- Gold ETFs (Exchange-Traded Funds): A more liquid way of investing in gold without the need for physical storage.
- Sovereign Gold Bonds: Issued by the Indian government, these bonds offer both capital appreciation and interest.
Gold is often considered a safe investment due to its ability to act as a hedge against inflation and economic downturns.
Frequently Asked Questions (FAQs)
- Why should you invest in gold?
- Gold acts as a stable store of value, especially in uncertain economic times, making it a popular choice for investors.
- What are the different forms of investing in gold?
- You can invest in gold through physical gold, gold ETFs, or sovereign gold bonds.
- Does India import gold?
- Yes, India is the largest importer of gold, primarily for the jewelry industry.
- How are gold prices determined in India?
- Gold prices are influenced by global market trends, currency fluctuations, and domestic taxes and duties.
- What is the difference between 22K and 24K gold?
- 24K gold is pure gold, while 22K gold contains 91.67% gold and is mixed with other metals for durability.
- What is pure gold?
- Pure gold, or 24K gold, is 99.99% gold, making it the highest purity available.
- What does KDM gold mean?
- KDM gold refers to gold that is soldered with Cadmium (Cd), which is used to make the alloy. However, this term has fallen out of favor because of health concerns associated with cadmium exposure.
With this guide, you should have a clear understanding of the current gold rates in India, factors influencing the price, and how to invest in gold.