The prices of gold and silver keep fluctuating every day. However, experts are saying that the price of gold will reach sky high in the year 2025. Amidst all this, the price of gold keeps increasing and decreasing for many days and sometimes the price also increases. So let’s talk about how much the prices of gold and silver have changed today, Friday, January 10.
What is the price of gold today?
The price of gold is continuously increasing. Today the price of gold has increased by Rs 500. The price of 24 carat gold has increased by Rs 500 and the price of 22 carat gold has increased by Rs 450. In most cities of the country, the price of 24 carat gold is trading around Rs 79,300. The price of 22 carat gold is trading around Rs 72700.
Silver price on January 10, 2025
One kilogram of silver is trading at Rs 92,500 in the country. There was no change in the prices of silver.
What is the price of gold today in the metropolis?
| city name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 72,750 | 79,350 |
| Jaipur | 72,750 | 79,350 |
| Lucknow | 72,750 | 79,350 |
| Mumbai | 72,600 | 79,200 |
| Kolkata | 72,600 | 79,200 |
| Ahmedabad | 72,650 | 79,250 |
| Bangalore | 72,600 | 79,200 |
| Gurgaon | 72,750 | 79,350 |
Why does the price of gold increase?
The demand for gold has started increasing due to the wedding season in India. The effect of increasing demand for gold is also visible on the price of gold. The second reason for the increase in gold prices is the strength in the international market and increasing demand from investors in the country. Gold has also become expensive due to the weakness of the rupee. Due to economic uncertainty, people are buying gold as a safe investment. Also, US economic data like unemployment rate and PMI report may impact gold prices in the coming days.
How is the price of gold decided in the country?
Gold prices are influenced by domestic demand, US economic conditions, Federal Reserve interest rates and international markets. In such a situation, there is a possibility of the price of gold increasing in the near future.
