Gold Price in India Increase Today on 8th January 2025

Gold prices in India have experienced a rise today, 8th January 2025, following three days of stability. The rate of gold for 22-carat and 24-carat have increased, with 22K gold now priced at ₹7,225 per gram and 24K gold at ₹7,882 per gram.

Cost of Gold Today Rise Across India

As of 10:40 AM on January 8, 2025, gold prices across India increased. The 22-carat gold rate increased by ₹10 while the 24-carat gold rate increased by ₹11. No change was witnessed in gold prices in the last three days. Below is a city-wise breakdown of gold rates today:

Gold Price Today in Mumbai: In Mumbai, 22K gold is priced at ₹7,225 per gram, while 24K gold is available at ₹7,882 per gram.

Gold Price Today in Chennai: Chennai, a city with a strong cultural affinity for gold, mirrors Mumbai's rates, with 22K gold priced at ₹7,225 per gram and 24K gold at ₹7,882 per gram.

Gold Price Today in Bangalore: Bangalore’s gold rates align with those in Mumbai and Chennai. The price for 22K gold stands at ₹7,225 per gram, while 24K gold is priced at ₹7,882 per gram.

Gold Price Today in Hyderabad: In Hyderabad, gold prices are identical to those in Mumbai, Chennai, and Bangalore, with 22K gold priced at ₹7,225 per gram and 24K gold at ₹7,882 per gram.

Gold Price Today in Kerala: Kerala also reflects similar pricing trends, with 22K gold priced at ₹7,225 per gram and 24K gold at ₹7,882 per gram.

Gold Price Today in Delhi: Gold rates in Delhi are slightly higher compared to other cities. The price of 22K gold is ₹7,240 per gram, while 24K gold is priced at ₹7,897 per gram.

Recent Gold Price Trends in India

Gold prices had been stable for the past few days before witnessing today's uptick. Below is a snapshot of recent price movements:

• January 7: Gold prices were identical to January 6
• January 6: No change was observed, with 22K gold at ₹7,215 per gram and 24K gold at ₹7,871 per gram.
• January 5: Prices were steady, identical to January 4.
• January 4: A slight dip was recorded in gold prices, with 22K gold dropping by ₹45 to ₹7,215 per gram and 24K gold falling by ₹49 to ₹7,871 per gram.
• January 3: Both 22K and 24K gold saw increases, with 22K gold rising to ₹7,260 per gram and 24K gold climbing to ₹7,920 per gram.
• January 2: Gold was priced at ₹7,180 per gram for 22K and ₹7,833 per gram for 24K.
• January 1: Gold rates rose slightly, with 22K gold at ₹7,150 per gram and 24K gold at ₹7,800 per gram.

Gold prices in India are influenced by multiple factors, including global market trends, currency exchange rates, government policies, interest rates, and geopolitical events. January’s highest gold prices were observed on January 3, while the lowest were recorded on January 1, highlighting the metal's sensitivity to market dynamics.

In Conclusion

Gold continues to be a vital asset for Indian households and investors alike, reflecting its cultural and financial significance. Today’s price (8th January 2025) increase underscores the metal’s volatile nature, shaped by global and local factors. For those considering gold as an investment, keeping track of price trends and market conditions remains crucial.