Today’s Gold Rate: Latest Update on 10th January 2025
Gold has always been a valuable asset, sought after by investors, jewelry lovers, and individuals looking for a safe haven during times of uncertainty. The price of gold fluctuates daily based on various factors, including global market conditions, currency movements, and local taxes. If you’re looking for today’s gold rate in India, you are at the right place. We provide you with the latest gold prices across major cities in India, along with the insights that influence these rates.
Gold Rates Today in India (10th January 2025)
Gold rates can vary depending on several factors, such as international prices, currency fluctuations, and local demand. Here’s a quick overview of today’s gold prices for both 24 Carat and 22 Carat gold in India.
| Gold Type | Price (Per 10 grams) |
|---|---|
| 24 Carat Gold | ₹79,003 |
| 22 Carat Gold | ₹72,433 |
Gold Price in Major Indian Cities
Gold prices in India also differ from city to city. The table below shows today’s gold rates for major cities across India.
| City | 24 Carat Gold | 22 Carat Gold |
|---|---|---|
| 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 Price in Other Indian Cities
Here are the latest gold prices in different cities across India:
| City | 24 Carat Gold | 22 Carat Gold |
|---|---|---|
| Ahmedabad | ₹78,911 | ₹72,341 |
| Amritsar | ₹79,030 | ₹72,460 |
| Bhopal | ₹78,914 | ₹72,344 |
| Chandigarh | ₹79,012 | ₹72,442 |
| Faridabad | ₹79,035 | ₹72,465 |
| Hyderabad | ₹78,859 | ₹72,289 |
| Jaipur | ₹78,996 | ₹72,426 |
| Kanpur | ₹79,023 | ₹72,453 |
| Kochi | ₹78,876 | ₹72,306 |
| Lucknow | ₹79,019 | ₹72,449 |
Historical Gold Price Trends (Last 15 Days)
Gold prices tend to change daily, and it is essential to track the fluctuations if you’re planning to buy or invest in gold. Here’s a look at the gold price trend for the past 15 days:
| Date | 22 Carat Gold | 24 Carat Gold |
|---|---|---|
| Jan 09, 2025 | ₹72,433 (+120) | ₹79,003 (+130) |
| Jan 08, 2025 | ₹72,313 (0) | ₹78,873 (0) |
| Jan 07, 2025 | ₹72,313 (0) | ₹78,873 (0) |
| 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) |
| Jan 01, 2025 | ₹71,263 (-420) | ₹77,723 (-460) |
| Dec 31, 2024 | ₹71,683 (+170) | ₹78,183 (+180) |
Understanding the Factors Behind Today’s Gold Rate
The price of gold in India is influenced by a combination of domestic and international factors. Below are some key drivers that determine the gold rate:
- Global Gold Prices: The global price of gold is primarily driven by supply and demand, and these prices are usually quoted in US dollars. When the international price rises, domestic prices also increase.
- Exchange Rates: The value of the Indian Rupee against the US Dollar plays a critical role in determining the domestic gold rate. If the rupee weakens, gold prices tend to increase.
- Import Duty and Taxes: In India, the government imposes an import duty on gold to curb excessive imports. This duty significantly impacts the final gold price in the market.
- Inflation and Interest Rates: Gold is often considered a hedge against inflation. When inflation rises or interest rates fall, people turn to gold for wealth preservation, driving up its price.
- Geopolitical Events: Political instability, wars, or economic crises increase demand for gold as a safe haven, thereby affecting prices.
Why Should You Invest in Gold?
Gold has long been a popular investment choice due to its stability and ability to preserve value. Here are a few reasons why you should consider investing in gold:
- Hedge Against Inflation: Gold typically holds its value during inflationary periods, making it a safe investment.
- Diversification: Gold can diversify your investment portfolio, reducing overall risk.
- Long-Term Value: Historically, gold has maintained its value over the long term.
- Liquidity: Gold is easy to buy and sell, providing excellent liquidity.
Conclusion
Gold remains one of the most sought-after assets in India, both as a hedge against inflation and as a valuable commodity for jewelry and investment purposes. Keeping track of today’s gold rate is essential for making informed decisions about buying or selling gold.
To stay updated on the latest gold prices, you can check reliable sources like this page for the most current information. Make sure you monitor global and local factors that influence these prices to ensure that you get the best deal when investing in gold.
By providing this comprehensive guide, including updated gold rates and factors affecting the market, we aim to help you stay ahead in your gold investment journey. Remember, gold prices fluctuate daily, so make sure to visit regularly for the most accurate and up-to-date information!