On January 21, 2025, fluctuations were seen in the prices of gold and silver. There was a slight decline in gold prices on this day, while there was a slight increase in the prices of silver. According to market experts, gold prices came under pressure due to the strengthening of the dollar in the global market and increase in US bond yields. Due to increase in demand for silver, its price increased.
Let us know what were the latest rates of gold and silver on January 21 and what kind of changes were seen in their prices. We will also understand in which direction the prices of these precious metals can go in the coming days.
Gold and silver prices: at a glance
| Description | gold (24 carat) | Silver |
| Rate of 10 grams | ₹81,250 | ₹99,600 |
| change from last day | ▼₹23 | ▼ ₹100 |
| Rate of 1 gram | ₹8,125 | ₹9,960 |
| rate of 1 tola | ₹94,791 | ₹116,200 |
| Rate of 1 kg | ₹81,25,000 | ₹99,60,000 |
| change from the beginning of the month | 2.8% | ▼ 3.2% |
Gold Rate Today: 24 carat and 22 carat gold prices
On January 21, the price of 24 carat gold was Rs 81,250 per 10 grams, which was Rs 23 less than the previous day. Whereas the price of 22 carat gold was Rs 74,480 per 10 grams, which was Rs 20 less. Gold prices in major cities were as follows:
- Delhi: 24 carat – ₹81,250, 22 carat – ₹74,480
- Mumbai: 24 carat – ₹81,100, 22 carat – ₹74,340
- Kolkata: 24 carat – ₹81,200, 22 carat – ₹74,430
- Chennai: 24 carat – ₹81,350, 22 carat – ₹74,570
Silver Price Today: Latest silver rates
On January 21, the price of silver was Rs 99,600 per kg, which was Rs 100 more than the previous day. Silver prices in major cities were as follows:
- Delhi: ₹99,600 per kg
- Mumbai: ₹99,500 per kg
- Kolkata: ₹99,700 per kg
- Chennai: ₹1,01,200 per kg
Due to fluctuations in gold and silver prices
There are several reasons behind changes in gold and silver prices:
- Global Market: Gold and silver prices in the international market affect the Indian market.
- Dollar Strength: A stronger dollar reduces demand for gold, causing prices to fall.
- Interest Rates: High interest rates reduce the attractiveness of gold.
- Geopolitical tensions: International crises increase demand for gold.
- Seasonal demand: Demand for gold increases during festivals and wedding seasons.
Gold and Silver Investment: Investment Options
There are many ways to invest in gold and silver:
- Physical gold: in the form of jewellery, coins or bars
- Gold ETF: Funds traded on stock exchanges
- Sovereign Gold Bond: Bonds issued by the government
- Digital Gold: Gold that can be purchased on online platforms
- Silver ETF: Exchange Traded Fund to Invest in Silver
future of gold and silver prices
Experts believe that the prices of gold and silver may increase further in 2025. Some key estimates are:
- Gold can reach Rs 85,000 per 10 grams
- Silver can touch the level of Rs 1,10,000 per kg
- Global economic uncertainty may increase demand for gold
- Increase in industrial use may increase silver prices
Tips for purchasing gold and silver
If you are thinking of buying gold or silver, keep these things in mind:
- Check purity: Buy only hallmarked gold
- Choose the right time: Prices may be higher during festival times
- Trusted sellers: Buy only from reputed jewelers or banks
- Take the bill: Be sure to take the bill of purchase and guarantee card.
- Storage: Keep in a safe place, use bank locker
- Get insurance: Make sure to get expensive jewelery insured.
Ways to know the price of gold and silver
You can know the latest rates of gold and silver in the following ways:
- Online Websites: Live rates are available on many websites
- Mobile App: Download Gold Rate Tracking Apps
- TV Channel: Updates are available on Business News Channel
- Newspaper: Rates are published in daily newspapers
- Jewellers: Can inquire from local jewelers
Important facts related to gold and silver
- India is the world’s second largest consumer of gold
- Mexico is the largest producer of silver
- One ounce of gold is equal to approximately 31.1 grams
- Pure gold is called 24 carat
- The chemical symbol of silver is Ag
Disclaimer
This article is for informational purposes only. The prices of gold and silver keep changing continuously and it would be advisable to take expert advice before investing in them. The information provided in the article has been collected from various sources and its accuracy cannot be guaranteed. Consult your financial advisor before any investment decision.
