Gold Price in India Surges Today on 16th January 2025

Gold prices in India rose further on January 16, 2025, maintaining the upward trend observed yesterday. The current price of 22-carat gold is ₹7,390 per gram, while 24-carat gold is priced at ₹8,062 per gram, today.

Cost of Gold Rise Across India

As of 10:45 AM, January 16, 2025, 22-carat gold experienced a significant ₹50 increase per gram, and 24-carat gold saw a ₹55 hike per gram. These figures mark the highest rates for gold recorded in January 2025. Below is a city-wise overview of today’s gold prices across major Indian cities:

Gold Price Today in Mumbai: 22K gold costs ₹7,390 per gram, and 24K gold is ₹8,062 per gram.

Gold Price Today in Chennai: Prices remain the same as in Mumbai, with 22K at ₹7,390 per gram and 24K at ₹8,062 per gram.

Gold Price Today in Bangalore: Gold rates align with other metros, with 22K gold priced at ₹7,390 per gram and 24K at ₹8,062 per gram.

Gold Price Today in Hyderabad: Gold prices are identical, with 22K gold at ₹7,390 per gram and 24K gold at ₹8,062 per gram.

Gold Price Today in Kerala: Gold prices mirror the rates in other cities, with 22K at ₹7,390 per gram and 24K at ₹8,062 per gram.

Gold Price Today in Delhi: Prices are slightly higher, with 22K gold priced at ₹7,405 per gram and 24K gold at ₹8,077 per gram.

Recent Gold Price Trends in India

Gold prices have continued to increase today. Here's a summary of the recent gold price trends:

• January 15: Prices rose to ₹7,340 for 22-carat gold and ₹8,007 for 24-carat gold.
• January 14: Rates dipped slightly, with 22K gold at ₹7,330 per gram and 24K at ₹7,996 per gram.
• January 13: A notable peak was observed, with 22K gold at ₹7,340 per gram and 24K at ₹8,007 per gram.
• January 12: Prices remained steady compared to previous levels.
• January 11: A marginal rise was recorded, with 22K gold at ₹7,300 per gram and 24K at ₹7,964 per gram.
• January 10: Gold prices increased by ₹25 for 22K gold (₹7,285 per gram) and ₹27 for 24K gold (₹7,947 per gram).
   

Gold rates in India are influenced by various factors such as global market conditions, currency exchange rates, government policies, interest rates, and geopolitical developments. The lowest prices this month were recorded on January 1, while the highest rates are observed today, January 16.

In Conclusion

Gold prices in India have reached their highest levels today for January (16 January), reflecting an ongoing bullish trend driven by a mix of domestic and international factors. With gold serving as a safe-haven asset, these rising prices underscore its continued appeal to investors. As market conditions remain dynamic, monitoring these fluctuations can provide valuable insights for both buyers and investors.