Gold Price in India Remains Constant on 7th January 2025

The gold prices in India today, 7 January 2025, remain unchanged from the previous day. The rates have shown no movement since Sunday, with 22K gold priced at ₹7,215 per gram and 24K gold holding steady at ₹7,871 per gram.

Cost of Gold Today Remains Stable Across India

As of 10:41 AM on January 7, 2025, gold prices across the country remain consistent with the previous day's figures. On Saturday, the price of 22-carat gold fell by ₹45 per gram, while 24-carat gold dropped by ₹49 per gram, but no further changes have been recorded since then. Below is a city-wise breakdown of gold rates today:

Gold Price Today in Mumbai: In Mumbai, 22K gold rate today is ₹7,215 per gram, while 24K gold is priced at ₹7,871 per gram.

Gold Price Today in Chennai: Chennai, known for its deep cultural association with gold, matches Mumbai’s rates, with 22K gold priced at ₹7,215 per gram and 24K gold at ₹7,871 per gram.

Gold Price Today in Bangalore: Bangalore’s gold rates today are also in line with the gold prices in India today, with 22K gold priced at ₹7,215 per gram and 24K gold at ₹7,871 per gram.

Gold Price Today in Hyderabad: Gold prices in Hyderabad mirror those in Mumbai, Chennai, and Bangalore, with 22K gold at ₹7,215 per gram and 24K gold at ₹7,871 per gram.

Gold Price Today in Kerala: In Kerala, gold prices are similar, with 22K gold priced at ₹7,215 per gram and 24K gold at ₹7,871 per gram. These variations may reflect localized market conditions.

Gold Price Today in Delhi: Gold rates in Delhi are slightly higher as compared to the other cities, with 22K gold priced at ₹7,230 per gram and 24K gold at ₹7,886 per gram. 

Recent Gold Price Trends in India

Gold prices have displayed stability in recent days, following a series of fluctuations earlier in January. Below is an overview of recent movements:

• January 6: Gold prices remained unchanged for the third consecutive day, with 22K gold at ₹7,215 and 24K gold at ₹7,871.
• January 5: Gold prices were identical to January 4.
• January 4: Gold rates saw a dip, with 22K gold price falling by ₹45 to ₹7,215 per gram and 24K gold price dropping by ₹49 to ₹7,871 per gram.
• January 3: Both 22K and 24K gold experienced an increase—22K gold rose by ₹80 to ₹7,260 per gram, while 24K gold climbed by ₹87 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.

One of the reasons behind the steady gold prices could be investors' anticipation of key economic data expected later this week, which may provide insights into the Federal Reserve’s interest rate policy for the year. This cautious sentiment may have contributed to the unchanged gold rates observed on Tuesday.

The highest rates recorded this month were on January 3, with 22K gold reaching ₹7,260 per gram and 24K gold peaking at ₹7,920 per gram. Conversely, the lowest rates were observed on January 1, highlighting the volatility influenced by global market trends and local demand.

In Conclusion

Gold prices in India on January 7, 2025, reflect a period of stability, with no changes from the previous day. Regional variations, such as slightly higher rates in Delhi, underline the localized nature of pricing dynamics. Global economic factors, including anticipated data on Federal Reserve policies, continue to play a pivotal role in influencing gold rates. For investors and buyers, tracking these trends can help make informed decisions in a market shaped by both domestic and international factors.