Today Gold Rate: The prices of gold and silver continue to fluctuate. Factors like global market trends, currency exchange rates and domestic demand are influencing the value of these precious metals. A significant decline has been seen in the prices of gold on January 10, 2025. This news is important for those who are planning to buy or sell gold.
Let us know what are the prices of gold and silver today and what kind of changes have taken place in them. Along with this, we will also understand what things affect these prices and how their prices may remain in the future.
Gold Rate Today: Fall in gold prices
A huge fall in the prices of gold has been seen on January 10, 2025. The price of 24 carat gold has become Rs 79,210 per 10 grams, which is Rs 550 less than yesterday. At the same time, the price of 22 carat gold has come down to Rs 72,610 per 10 grams, which is Rs 500 less than the previous day.
gold price overview
| Description | Price (per 10 grams) |
| 24 karat gold | Rs 79,210 |
| 22 carat gold | Rs 72,610 |
| 18 carat gold | Rs 59,408 |
| Total Drop in Gold (24K) | 550 rupees |
| Total decline in gold (22K) | 500 rupees |
| Silver price (per kg) | Rs 92,400 |
Gold Rate in major cities
Gold prices vary in different cities of India. Let us see what is the price of gold today in major cities of the country:
Gold Price in Delhi
- 24 carat gold: Rs 79,360 per 10 grams
- 22 carat gold: Rs 72,760 per 10 grams
Gold Rate in Mumbai
- 24 carat gold: Rs 79,210 per 10 grams
- 22 carat gold: Rs 72,610 per 10 grams
gold price in kolkata
- 24 carat gold: Rs 79,210 per 10 grams
- 22 carat gold: Rs 72,610 per 10 grams
Gold Price Today in Chennai
- 24 carat gold: Rs 79,210 per 10 grams
- 22 carat gold: Rs 72,610 per 10 grams
Silver Rate Today: Stability in silver price
No significant change has been seen in the price of silver today. On January 10, 2025, the price of silver remained stable at Rs 92,400 per kg. This rate is same as yesterday’s price.
Factors affecting the price of Gold and Silver
Gold and silver prices are affected by many factors. Some of these major factors are:
- Global Market Trends: Gold and silver prices in the international market directly affect the Indian market.
- Currency Exchange Rate: Fluctuations in the value of the rupee against the dollar affect the prices of gold and silver.
- Interest Rates: The interest rates decided by the central bank also affect the value of these precious metals.
- Government Policies: Import duties and other policy decisions also affect prices.
- Domestic Demand: Prices are affected by increased demand for gold during festivals and wedding seasons.
- Geopolitical situation: Situations like international tension or war make gold a safe investment option.
Gold Investment: Would it be right to buy gold now?
Currently, the price of gold has fallen, which can be a good opportunity for investors. However, it is important to keep a few things in mind before investing:
- Long Term Investment: Gold is considered better for long term investment.
- Portfolio Diversification: Gold is a good option to diversify your investment portfolio.
- Market conditions: Take into account current market conditions and future projections.
- Method of purchase: Decide whether to invest in physical gold, gold ETF or sovereign gold bonds.
Gold Price Prediction: How will be the price of gold in the coming time?
Experts believe that gold prices may increase further in 2025. Some major reasons are:
- Global economic uncertainty: Demand for gold may increase due to fear of recession in the economies of many countries.
- Purchasing by central banks: Central banks of many countries are increasing the amount of gold in their reserves.
- Geopolitical Tension: Gold can be considered a safe investment due to tensions between different countries.
- Inflation concerns: People can invest in gold to protect themselves from rising inflation.
Silver Investment: Will it be beneficial to invest in silver?
Silver is also an important precious metal and investing in it has many advantages:
- Low Price: Silver is cheaper than gold, making it a good option for small investors.
- Industrial Uses: Silver is used in many industries, which increases its demand.
- Rapid price changes: Silver prices tend to change rapidly, which can be beneficial for short-term investors.
Ways to invest in Gold and Silver
There are many ways to invest in gold and silver:
- Physical gold or silver: Can be purchased in the form of coins, bars, or jewelry.
- Gold ETFs: Stock exchange-traded funds that are based on the value of gold.
- Sovereign Gold Bonds: Bonds issued by the government that are linked to the value of gold.
- Gold Mutual Funds: Funds that invest in gold and gold-related companies.
- Digital Gold: Gold that can be purchased on online platforms.
Where to get information about gold and silver prices?
Information about the daily price of gold and silver can be obtained from several sources:
- Jewelery Shop: Prices can be found by visiting local gold shops.
- Banks: Many banks provide daily rates of gold and silver.
- Websites and Mobile Apps: Many reliable websites and apps provide real-time gold rates.
- News Channel: Business news channels often show the prices of gold and silver.
- Official Website: Official rates are available on the website of the Indian Bullion and Jewelers Association (IBJA).
Disclaimer
This article is for informational purposes only. The prices of gold and silver keep fluctuating continuously. Always consult a financial advisor before investing. The information given here is as of January 10, 2025 and may change in the future. Please check the current market situation before taking investment decisions.
