Gold Rates Today in India – Updated January 30, 2025
India, the world’s second-largest consumer of gold after China, continues to see a significant demand for the precious metal, especially in the jewelry sector. Gold is seen as an attractive investment due to its ability to act as a hedge against inflation. Today, January 30, 2025, the rates for 24-carat and 22-carat gold in India are as follows:
- 24 Carat Gold (10 grams): ₹83,033 (+₹940.00)
- 22 Carat Gold (10 grams): ₹76,133 (+₹870.00)
These rates reflect the general trend in gold prices in India, but keep in mind that prices may vary across different cities due to taxes, state levies, and local demand.
Gold Price in Major Indian Cities – January 30, 2025
Here’s a look at the gold rates across key metro cities in India:
| City | 22 Carat Gold (₹/10g) | 24 Carat Gold (₹/10g) |
|---|---|---|
| Bangalore | ₹75,975 (+₹870) | ₹82,875 (+₹940) |
| Chennai | ₹75,981 (+₹870) | ₹82,881 (+₹940) |
| Delhi | ₹76,133 (+₹870) | ₹83,033 (+₹940) |
| Kolkata | ₹75,985 (+₹870) | ₹82,885 (+₹940) |
| Mumbai | ₹75,987 (+₹870) | ₹82,887 (+₹940) |
| Pune | ₹75,993 (+₹870) | ₹82,893 (+₹940) |
Gold prices in different cities may vary slightly depending on the local market, taxes, and transportation costs. However, they usually follow the same general trend.
Key Factors Affecting Gold Prices in India
Several factors influence the gold prices in India, including:
- Global Market Prices: The price of gold in India is significantly impacted by international gold prices, which are priced in US dollars.
- Rupee-Dollar Exchange Rate: The strength of the Indian Rupee against the US Dollar directly affects gold prices. A weaker rupee tends to increase gold prices in India.
- Import Duties and Taxes: Gold in India is subject to import duties, which currently stand at 10%. Additionally, taxes and levies from state governments can further impact local gold prices.
- Demand and Supply: The demand for gold, especially from the jewelry industry, drives much of the fluctuation in local gold prices.
- Global Economic and Geopolitical Factors: Political instability, inflation concerns, and global economic shifts often cause an increase in gold prices, as people turn to gold as a safer investment.
22K vs 24K Gold: What’s the Difference?
Gold in India is mostly available in two purities:
- 24 Carat Gold: This is pure gold (99.99% purity), often used for investment purposes like gold bars and coins. It is too soft for use in jewelry.
- 22 Carat Gold: This gold contains 22 parts of pure gold and 2 parts of other metals like copper or zinc, making it more durable for use in jewelry.
Both types of gold have their advantages, depending on whether you are looking to invest or purchase jewelry.
Here is the gold rate information in a table format in English:
| City Name | 22 Carat Price (₹) | 24 Carat Price (₹) |
|---|---|---|
| Ahmedabad | 76041 | 82941 |
| Amritsar | 76160 | 83060 |
| Bangalore | 75975 | 82875 |
| Bhopal | 76044 | 82944 |
| Bhubaneswar | 75980 | 82880 |
| Chandigarh | 76142 | 83042 |
| Chennai | 75981 | 82881 |
| Coimbatore | 76000 | 82900 |
| Delhi | 76133 | 83033 |
| Faridabad | 76165 | 83065 |
| Gurgaon | 76158 | 83058 |
| Hyderabad | 75989 | 82889 |
| Jaipur | 76126 | 83026 |
| Kanpur | 76153 | 83053 |
| Kerala | 76005 | 82905 |
| Kochi | 76006 | 82906 |
| Kolkata | 75985 | 82885 |
| Lucknow | 76149 | 83049 |
| Madurai | 75977 | 82877 |
| Mangalore | 75988 | 82888 |
| Meerut | 76159 | 83059 |
| Mumbai | 75987 | 82887 |
| Mysore | 75974 | 82874 |
| Nagpur | 76001 | 82901 |
| Nashik | 76037 | 82937 |
| Patna | 76029 | 82929 |
| Pune | 75993 | 82893 |
| Surat | 76048 | 82948 |
| Vadodara | 76054 | 82954 |
| Vijayawada | 75995 | 82895 |
| Visakhapatnam | 75997 | 82897 |
Historical Gold Price Trends in India
Gold prices have fluctuated over the past few weeks, reflecting changes in global market conditions and the local economy. Here are the gold prices for the past 15 days:
- January 29, 2025:
- 22 Carat: ₹75,263 (-₹300)
- 24 Carat: ₹82,093 (-₹320)
- January 28, 2025:
- 22 Carat: ₹75,563 (-₹150)
- 24 Carat: ₹82,413 (-₹170)
- January 27, 2025:
- 22 Carat: ₹75,713 (-₹10)
- 24 Carat: ₹82,583 (-₹10)
As gold prices are subject to daily changes, it’s important to monitor them if you are planning to buy or invest.
Here is the gold rate information for the last 15 days:
| Date | 22 Carat Price (₹) | Change (₹) | 24 Carat Price (₹) | Change (₹) |
|---|---|---|---|---|
| Jan 29, 2025 | 75263 | -300.00 | 82093 | -320.00 |
| Jan 28, 2025 | 75563 | -150.00 | 82413 | -170.00 |
| Jan 27, 2025 | 75713 | -10.00 | 82583 | -10.00 |
| Jan 26, 2025 | 75723 | -10.00 | 82593 | -10.00 |
| Jan 25, 2025 | 75733 | 320.00 | 82603 | 350.00 |
| Jan 24, 2025 | 75413 | -20.00 | 82253 | -20.00 |
| Jan 23, 2025 | 75433 | 750.00 | 82273 | 860.00 |
| Jan 22, 2025 | 74683 | 0.00 | 81413 | 0.00 |
| Jan 21, 2025 | 74683 | 170.00 | 81413 | 140.00 |
| Jan 20, 2025 | 74513 | -10.00 | 81273 | -10.00 |
| Jan 19, 2025 | 74523 | -160.00 | 81283 | -170.00 |
| Jan 18, 2025 | 74683 | 600.00 | 81453 | 650.00 |
| Jan 17, 2025 | 74083 | 500.00 | 80803 | 550.00 |
| Jan 16, 2025 | 73583 | 120.00 | 80253 | 130.00 |
More on Gold
Gold is a well-established store of value in India. It’s often seen as a safeguard against inflation and economic volatility. India is the largest importer of gold, which is primarily used to meet the growing demand of the jewelry sector. In recent years, gold has also gained popularity as a reliable investment asset.
There are several ways to invest in gold:
- Physical Gold: Includes buying gold jewelry, coins, and bars.
- Financial Gold: Such as gold exchange-traded funds (ETFs) and sovereign gold bonds.
- Gold Mining Stocks: Investing in gold mining companies.
Gold’s price is also influenced by geopolitical conditions, the strength of the currency, and interest rates.
Frequently Asked Questions (FAQs)
1. Why should you invest in gold?
Gold is a stable investment, known for its ability to preserve value and act as a hedge against inflation. It is also a tangible asset that is not subject to the volatility of paper investments like stocks.
2. What are the various forms of investing in gold?
You can invest in gold through physical gold (jewelry, coins, bars), gold ETFs, or sovereign gold bonds. Each form has its own advantages depending on your investment strategy.
3. Does India import gold?
Yes, India is the largest importer of gold, with much of the gold demand driven by the jewelry industry.
4. How are gold prices determined in India?
Gold prices in India are determined by global gold prices, the exchange rate of the rupee against the dollar, import duties, and local market demand.
5. What is the difference between 22K and 24K gold?
24K gold is pure gold, while 22K gold is made of 22 parts gold and 2 parts other metals. 24K is generally used for investment, while 22K is commonly used in jewelry.
6. What is pure gold?
Pure gold is 24K gold, with a purity of 99.99%. It is soft and ideal for investment but not suitable for making jewelry.
7. How are gold rates determined in cities in India?
Gold rates in India are largely influenced by international market trends, local demand, and taxes or duties imposed by state and central governments.
8. What is hallmarking of gold?
Hallmarking is a certification process that ensures the purity of gold. It is regulated by the Bureau of Indian Standards (BIS) to protect buyers from adulteration.
9. Who is responsible for hallmarking gold in India?
The Bureau of Indian Standards (BIS) is responsible for the hallmarking of gold in India. It ensures that gold sold in India meets the required purity standards.
10. What does KDM gold mean?
KDM gold refers to jewelry made using 92% gold and 8% copper. It is often associated with a specific type of alloy used for creating more durable jewelry.
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By staying updated on the latest gold rates, you can make better-informed decisions whether you’re purchasing for personal use or making an investment.