Gold has always been a favorite investment option for Indians. Be it a wedding or a festival, purchasing gold is an important part of our culture. But do you know what is changing in the prices of gold today? Is this the right time to buy gold or should we wait? Let us know in detail about today’s gold rate.
No significant change has been seen in gold prices on January 22, 2025. The price of 24 carat gold remained stable at Rs 8,141.3 per gram, while the price of 22 carat gold remained at Rs 7,468.3 per gram. The price of 24 carat gold has fallen by 1.26% in the last one week, while it has seen a decline of 4.5% in the last one month. Silver price is stable at Rs 99,500 per kg.
Gold Rate Today: Overview of gold prices
Description | Value |
24 carat gold (per gram) | Rs 8,141.3 |
22 carat gold (per gram) | Rs 7,468.3 |
24 carat gold (10 grams) | Rs 81,413 |
22 carat gold (10 grams) | Rs 74,683 |
silver (per kilogram) | Rs 99,500 |
Change from last week (24 carat) | -1.26% |
Change from last month (24 carat) | -4.5% |
Gold Rate Today in major cities
Let us now know what is the price of gold today in major cities of the country:
- Delhi: The price of 10 grams 24 carat gold is Rs 81,413.
- Mumbai: Here 10 grams of 24 carat gold is being sold for Rs 81,267.
- Kolkata: The price of 10 grams of 24 carat gold in this city is Rs 81,265.
- Chennai: Here 10 grams of 24 carat gold is available for Rs 81,261.
- Bengaluru: The rate of 10 grams of 24 carat gold in this city is Rs 81,255.
Gold Price Trend: Estimate of last few days
There have been fluctuations in gold prices. Let us know the trend of the last few days:
- 21 January 2025: 24 carat gold – Rs 8,141.3 per gram
- 20 January 2025: 24 carat gold – Rs 8,123 per gram
- 19 January 2025: No change
- 18 January 2025: 24 carat gold – Rs 8,111 per gram
- January 17, 2025: January’s highest level
- 16 January 2025: 24 carat gold – Rs 8,062 per gram
Factors affecting gold prices
Changes in gold prices occur due to many reasons. Some major reasons are:
- Global economic situation: The economy around the world has a direct impact on gold prices.
- Inflation: When inflation increases, people prefer to invest in gold.
- Dollar Strength: Gold prices fall when the US dollar strengthens.
- Geopolitical tensions: Demand for gold increases when tensions rise anywhere in the world.
- Policies of Central Banks: The policies of the world’s big banks affect gold prices.
Gold Investment: Should you buy gold now?
This question comes in everyone’s mind. Let us know the opinion of experts:
- For long term investment: If you want to invest for a long time, gold can be a good option.
- Portfolio Diversification: To diversify your investments, keeping 10-15% in gold can be beneficial.
- Pay attention to current prices: Current prices are historically high, so decide with caution.
- Buy in small amounts: Instead of investing large amounts all at once, it may be better to buy small amounts gradually.
Gold ETFs and Gold Mutual Funds: A New Option
Apart from physical gold, you can also invest in Gold ETFs or Gold Mutual Funds. Some of these advantages are:
- Safe storage: You don’t have to worry about keeping gold at home.
- Low Investment: You can start with a small amount also.
- Easy buying and selling: You can buy and sell easily like the stock market.
- Guarantee of purity: It is guaranteed to contain pure gold.
Sovereign Gold Bond: Benefits of government scheme
The Sovereign Gold Bond Scheme of the Government of India is also a good option. Some of its major advantages are:
- Safe investment: It is safe as it is guaranteed by the government.
- Interest Benefits: You get interest of 2.5% per annum.
- Tax Benefits: There is no tax on the benefits received on maturity.
- Digital form: It can be kept in demat account.
Digital Gold: Support of technology
Nowadays the trend of investing in Digital Gold is also increasing. Some of its advantages are:
- Starting with a small amount: You can start investing even with Rs 1.
- 24×7 buying and selling: Can buy or sell at any time.
- Purity Guarantee: 24 carat pure gold is guaranteed.
- Physical Delivery: If desired, you can convert into physical gold.
Gold Rate Prediction 2025: Future Predictions
Experts believe that gold prices may increase further in 2025. Some major reasons are:
- Global Uncertainty: Economic and political uncertainty continues across the world.
- Purchasing by central banks: Central banks of big countries are buying gold.
- Fear of inflation: Demand for gold may increase due to continuously increasing inflation.
- Dollar weakness: Gold prices may increase due to weakening of the US dollar.
- Technological Uses: Use of gold is increasing in electronics and other sectors.
Things to keep in mind while buying gold
If you are planning to buy gold, keep these things in mind:
- Checking purity: Always buy hallmarked gold.
- Take the bill: Make sure to take the complete bill of purchase and keep it safely.
- Compare Prices: Buy by comparing prices at different places.
- Pay attention to the making charges: Know the making charges applicable on jewellery.
- Time to buy: Prices may be higher during festival times, so it may be better to buy on normal days.
- Investment objective: Make purchases as per your investment objective.
Disclaimer: Be careful
This article has been written for information purposes only. Consult your financial advisor before investing in gold. There are ups and downs in the market, so invest only after understanding your risk. Gold prices keep changing, so always get the latest information. Remember, no investment is risk-free.