Gold prices are continuously increasing before the budget. Price of 10 grams 24 carat gold in most cities of the country Rs 81,300 Has reached around. Gold price yesterday 250 rupees A rise of. At the same time, 22 carat gold also Rs 75,000 Getting closer to. This increase may put additional burden on the pockets of buyers during the wedding season.
Price of 22 carat gold: around Rs 75,000
Current rate of 22 carat gold
22 carat gold price in the country Rs 74,600 Per 10 grams. Since only 22 carat gold is used in the manufacturing of jewellery, hence fluctuations in its prices have a direct impact on the customers.
Expensive jewelery in wedding season
The wedding season is going on, and the demand for jewelery is increasing. If you are thinking of buying jewellery, you may have to pay a higher price than before.
Rise in silver price also
Silver rate on 21 January 2025
Price of one kilogram silver in the country Rs 96,500 But it is. However, this figure in 2024 Rs 1,00,000 Had gone beyond. Currently, silver prices are below their old peak, but still remain expensive.
Gold returns in the last six months
Returns almost zero in six months
Gold price before budget on 23 July 2024 Rs 82,000 It was per 10 grams. Its price after reducing custom duty in the budget Rs 6,500 declined and it Rs 76,000 Till arrived. But now after six months, gold prices are again reaching near their old peak.
How were the returns for investors?
No major increase in the price of gold has been seen in the last six months. Returns to investors during this period have been almost zero.
21 January 2025: Gold prices in major cities of the country
| city name | 22 carat gold (rupees) | 24 carat gold (rupees) |
|---|---|---|
| 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?
1. International market influences
Gold prices in India are influenced by the prices of international bullion markets (such as New York and London).
2. Rupee-Dollar Exchange Rate
The exchange rate between rupee and dollar also affects gold prices. Gold prices may increase due to the strength of the dollar.
3. Import duty and demand-supply
India is the largest importer of gold. Import duties and domestic demand-supply situation play an important role in prices.
4. Effect of marriage and festivals
Due to increase in demand for gold during weddings and festivals, its price increases.
