Gold prices have remained stable ahead of the Budget and are set to touch their previous high. 22 January 2025 No significant change has been seen in the price of gold. In most cities of the country, the price of 10 grams of 24 carat gold is trading around Rs 81,300, while the price of 22 carat gold is above Rs 74,600. Let’s take a look at gold prices in other states including Delhi, Rajasthan, Uttar Pradesh and Haryana.
Today’s price of 22 carat gold
The price of 22 carat gold in the country remains at around Rs 74,600.
- 22 carat gold: Most commonly used in jewelery manufacturing.
- Jewelery Price: It is decided on the basis of price of 22 carat gold, to which making charges and 3% GST are also added.
- The increase or decrease in this price has a direct impact on the customers buying jewellery.
stability in silver prices
The price of silver also remained stable on January 22, 2025.
- Price of 1 kg silver: Rs 96,500.
- No major change has been seen in the price of silver.
Keep an eye on gold returns in the last six months
Significant changes were seen in gold prices during Budget 2024.
- On 23 July 2024: Before the budget, the price of gold was Rs 82,000 per 10 grams.
- by the government in the budget reduction in custom duty on gold After which the prices fell to Rs 6,500.
- At one time the price of gold had reached Rs 76,000 per 10 grams.
- Now, six months later, gold prices are again moving towards their old highs.
- Last six months returns: Almost zero.
Gold price in major cities on 22 January 2025
| city name | 22 carat gold (₹) | 24 carat gold (₹) |
|---|---|---|
| Delhi | 74,650 | 81,380 |
| Noida | 74,650 | 81,380 |
| Ghaziabad | 74,650 | 81,380 |
| Jaipur | 74,650 | 81,380 |
| Gurgaon | 74,650 | 81,380 |
| Lucknow | 74,650 | 81,380 |
| mumbai | 74,500 | 81,230 |
| Kolkata | 74,500 | 81,230 |
| Patna | 74,550 | 81,280 |
| Ahmedabad | 74,550 | 81,280 |
| Bhubaneswar | 74,500 | 81,230 |
| Bengaluru | 74,500 | 81,230 |
How is the price of gold determined in India?
Gold price in India depends on many factors:
- International market: Gold prices in the bullion markets of New York and London influence the price of gold in India.
- Exchange rate of rupee and dollar: If the value of rupee falls against the dollar, gold becomes expensive.
- Import Duty: Most gold in India is imported, and import duties imposed by the government have a major impact on prices.
- demand and supply:
- Prices of gold increase due to increased demand during wedding and festival seasons.
- This trend has been seen in the last years also.
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