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Gold Rate Today, 7 January: Check 18, 22, 24 Carat Gold Prices in all major cities

Gold Rate Today | Gold Price in India 7 January: Find the latest gold prices for 18, 22, and 24 carat in major cities including Noida, Delhi, Mumbai, and Kolkata. Stay updated with today’s gold price trends.

Gold Rate Today, 20 DecemberGold Rate Today, 7 January: Here is the full list of gold rates in all major cities. (Express Archive)

Gold Rate Today: Gold is an essential part of Indian culture, cherished both for its cultural significance and as a valuable investment. Gold prices fluctuate across different cities, influenced by factors such as global economic conditions, local demand-supply dynamics, and currency exchange rates. Major cities like Delhi, Mumbai, and Chennai often show similar trends, with prices slightly varying due to regional demand.

Gold Rate Today in Different Indian Cities: 

City 18K 22K 24K
Ahmedabad ₹58,080 (30) ₹70,987 (37) ₹77,440 (40)
Bangalore ₹58,050 (30) ₹70,950 (37) ₹77,400 (40)
Chennai ₹58,178 (30) ₹71,106 (37) ₹77,570 (40)
Delhi ₹57,908 (30) ₹70,776 (37) ₹77,210 (40)
Hyderabad ₹58,095 (30) ₹71,005 (37) ₹77,460 (40)
Kolkata ₹57,930 (30) ₹70,803 (36) ₹77,240 (40)
Mumbai ₹58,005 (30) ₹70,895 (37) ₹77,340 (40)
Pune ₹58,005 (30) ₹70,895 (37) ₹77,340 (40)
Surat ₹58,080 (30) ₹70,987 (37) ₹77,440 (40)
Agartala ₹58,283 ₹71,234 ₹77,710
Agra ₹58,020 ₹70,913 ₹77,360
Ahmedabad ₹58,080 ₹70,987 ₹77,440
Aizawl ₹58,238 ₹71,179 ₹77,650
Allahabad ₹58,020 ₹70,913 ₹77,360
Amritsar ₹58,005 ₹70,895 ₹77,340
Aurangabad ₹58,005 ₹70,895 ₹77,340
Bangalore ₹58,050 ₹70,950 ₹77,400
Bareilly ₹58,020 ₹70,913 ₹77,360
Belgaum ₹58,050 ₹70,950 ₹77,400

Factors Influencing Gold Prices

International Market Trends: Global economic conditions and geopolitical events play a significant role in determining gold prices.

Currency Exchange Rates: The value of the Indian Rupee against the US Dollar affects gold prices.

Local Demand and Supply: Regional demand, especially during festivals and wedding seasons, can cause temporary price surges.

Government Policies: Import duties, taxes, and regulations related to gold trading influence prices.

Investment Trends: The rise in digital gold investments has made it easier for individuals to buy gold, impacting local markets.

Recent Trends

In recent months, gold prices have shown moderate fluctuations due to global supply and demand imbalances. Despite these changes, gold remains a preferred investment, especially during times of economic uncertainty. The introduction of the Goods and Services Tax (GST) has streamlined the tax structure, making it more uniform across the country.

Future Outlook

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While short-term fluctuations are expected due to global economic uncertainties, the long-term outlook for gold prices in Indian cities remains bullish. The cultural affinity towards gold and its role as a safe investment continue to drive demand.

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