
Gold Rates Today in India (16 Jan 2025)
24 Carat Gold Rate (Per 10 grams)
- ₹80,253 (+₹130.00)
22 Carat Gold Rate (Per 10 grams)
- ₹73,583 (+₹120.00)
Gold Price in Major Indian Cities (16 Jan 2025)
City | 22 Carat (₹/10g) | 24 Carat (₹/10g) |
---|---|---|
Bangalore | ₹73,425 (+₹120) | ₹80,095 (+₹130) |
Chennai | ₹73,431 (+₹120) | ₹80,101 (+₹130) |
Delhi | ₹73,583 (+₹120) | ₹80,253 (+₹130) |
Kolkata | ₹73,435 (+₹120) | ₹80,105 (+₹130) |
Mumbai | ₹73,437 (+₹120) | ₹80,107 (+₹130) |
Pune | ₹73,443 (+₹120) | ₹80,113 (+₹130) |
Gold Price in Other Cities in India (16 Jan 2025)
- Ahmedabad
- 22K: ₹73,491
- 24K: ₹80,161
- Amritsar
- 22K: ₹73,610
- 24K: ₹80,280
- Chandigarh
- 22K: ₹73,592
- 24K: ₹80,262
- Hyderabad
- 22K: ₹73,439
- 24K: ₹80,109
- Jaipur
- 22K: ₹73,576
- 24K: ₹80,246
Gold Rate Trends for the Last 15 Days
Date | 22 Carat Price | 24 Carat Price |
---|---|---|
Jan 15, 2025 | ₹73,463 (-₹120) | ₹80,123 (-₹130) |
Jan 14, 2025 | ₹73,583 (+₹420) | ₹80,253 (+₹440) |
Jan 13, 2025 | ₹73,163 (-₹10) | ₹79,813 (-₹10) |
Jan 12, 2025 | ₹73,173 (+₹140) | ₹79,823 (+₹170) |
Jan 11, 2025 | ₹73,033 (+₹250) | ₹79,653 (+₹270) |
Jan 10, 2025 | ₹72,783 (+₹350) | ₹79,383 (+₹380) |
Jan 09, 2025 | ₹72,433 (+₹120) | ₹79,003 (+₹130) |
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) | ₹78,873 (-₹10) |
Jan 05, 2025 | ₹72,323 (-₹460) | ₹78,883 (-₹500) |
Jan 04, 2025 | ₹72,783 (+₹800) | ₹79,383 (+₹870) |
Jan 03, 2025 | ₹71,983 (+₹300) | ₹78,513 (+₹330) |
Jan 02, 2025 | ₹71,683 (+₹420) | ₹78,183 (+₹460) |
Key Insights on Gold in India
- Why is gold popular in India?
Gold is seen as a safe investment, especially during times of inflation or geopolitical uncertainty. It is considered a hedge against inflation, a store of value, and a symbol of wealth. - Types of Gold in India
- 22K Gold: Contains 22 parts gold and 2 parts other metals (such as copper or zinc). It is commonly used for jewelry.
- 24K Gold: The purest form of gold, consisting of 99.99% gold. However, it’s too soft for use in jewelry and is often used for investment in coins or bars.
- Gold Import and Duty
India is the largest importer of gold globally, primarily to meet the demand of the jewelry sector. The country imports 800-900 tonnes of gold annually. The import duty on gold in India is currently set at 10%, which affects domestic prices. - Gold as an Investment
In addition to physical gold (bars, coins, jewelry), Indians also invest in gold through Exchange Traded Funds (ETFs) and sovereign gold bonds. Gold is also marked for purity through Hallmarking, which guarantees the gold’s authenticity. - Global Influences on Gold Prices
Gold prices are influenced by global economic factors such as currency fluctuations (especially the US dollar), international policies, interest rates, and geopolitical events.
FAQs
- What is hallmarking of gold?
Hallmarking is the process of certifying the purity of gold, and it is done by the Bureau of Indian Standards (BIS) in India. It ensures that the gold is of the stated purity. - What does KDM gold mean?
KDM (Kaithan and Dadi) gold refers to gold alloyed with cadmium, which is used in the jewelry making process. However, its use has declined due to health risks associated with cadmium. - How are gold rates determined in cities in India?
Gold prices vary between cities due to differences in local taxes, transportation costs, and market demand. Cities with higher demand or taxes may have slightly higher gold prices.
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