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Gold Rate Today, Jan 9, 2025: Check 18, 22, 24 Carat Gold Prices

Gold Rate Today | Gold Price in India 9 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 TodayGold Rate Today: Check the gold rate today in Indian cities.

Gold Rate Today: The gold market in India has been witnessing significant fluctuations as the global economy continues to react to inflationary pressures, geopolitical tensions, and changing demand-supply dynamics. As one of the world’s largest consumers of gold, India plays a crucial role in shaping the international bullion market, and the movement of gold prices in the country is a subject of keen interest for investors, traders, and consumers alike.

Gold prices in India have experienced a mixed trend over the past year, fluctuating based on several global and domestic factors. In 2024, gold prices hit record highs, with an increase of about 15% year-on-year, driven primarily by rising inflation and economic uncertainties due to ongoing geopolitical tensions, particularly in Europe and the Middle East.

Full list of Gold Rates in different cities today:

City 18K 22K 24K
Ahmedabad ₹58,583 (113) ₹71,601 (138) ₹78,110 (150)
Bangalore ₹58,553 (113) ₹71,564 (137) ₹78,070 (150)
Chennai ₹58,680 (120) ₹71,720 (147) ₹78,240 (160)
Delhi ₹58,403 (113) ₹71,381 (138) ₹77,870 (150)
Hyderabad ₹58,598 (113) ₹71,619 (137) ₹78,130 (150)
Kolkata ₹58,433 (120) ₹71,418 (147) ₹77,910 (160)
Mumbai ₹58,508 (113) ₹71,509 (137) ₹78,010 (150)
Pune ₹58,508 (113) ₹71,509 (137) ₹78,010 (150)
Surat ₹58,583 (113) ₹71,601 (138) ₹78,110 (150)
Agartala ₹58,785 ₹71,848 ₹78,380
Agra ₹58,523 ₹71,528 ₹78,030
Ahmedabad ₹58,583 ₹71,601 ₹78,110
Aizawl ₹58,740 ₹71,793 ₹78,320
Allahabad ₹58,523 ₹71,528 ₹78,030
Amritsar ₹58,508 ₹71,509 ₹78,010
Aurangabad ₹58,508 ₹71,509 ₹78,010
Bangalore ₹58,553 ₹71,564 ₹78,070
Bareilly ₹58,523 ₹71,528 ₹78,030
Belgaum ₹58,553 ₹71,564 ₹78,070

Throughout 2024, gold prices fluctuated between ₹56,000 and ₹61,000 per 10 grams in India, with the highest point reaching ₹61,500 in September. This rise was attributed to increased demand for gold as a safe-haven asset, especially during times of stock market volatility and currency depreciation.

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However, since November 2024, there has been a slight correction in gold prices, with rates stabilizing around ₹58,000 per 10 grams. Analysts attribute this drop to a stronger Indian rupee, reduced domestic demand post-Diwali, and expectations of interest rate hikes by central banks around the world, which tend to reduce gold’s appeal as an investment.

Key Factors Affecting Gold Prices in 2025

  1. Global Economic Conditions: Gold remains sensitive to global economic developments. The outlook for inflation and central bank policies, particularly in the U.S. and Europe, will play a critical role in determining the future trajectory of gold prices. The U.S. Federal Reserve has hinted at potential rate hikes in 2025, which could put downward pressure on gold prices in the short term. Conversely, if inflationary pressures persist, demand for gold as a hedge against inflation could push prices higher.
  2. Geopolitical Risks: Uncertainties related to geopolitical tensions, especially between major global powers, have the potential to drive up gold prices. Any escalation in tensions could trigger a flight to safety among investors, benefiting gold.
  3. Indian Demand: Domestically, India’s demand for gold is a significant factor influencing prices. Festivals like Akshaya Tritiya, Diwali, and the wedding season contribute heavily to gold purchases. In 2025, market experts expect strong demand, especially after a relatively subdued demand period in late 2024. Any surge in domestic demand could exert upward pressure on prices.
  4. Currency Exchange Rates: The strength of the Indian rupee against the U.S. dollar has a direct impact on gold prices in India, as gold is imported. A stronger rupee tends to make gold cheaper for Indian consumers, while a weaker rupee pushes up prices.

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