Gold Price in India Surges Today on 17th January 2025

Gold prices in India climbed further on January 17, 2025, continuing the upward trajectory seen over the past two days. The current price for 22-carat gold stands at ₹7,450 per gram, while 24-carat gold is priced at ₹8,127 per gram.

Cost of Gold Today Rises in India

As of 11:35 AM, January 17, 2025, 22-carat gold experienced a notable ₹60 increase per gram, and 24-carat gold rose by ₹65 per gram. These figures represent the highest gold rates recorded so far in January 2025. Below is a city-wise breakdown of gold prices across major Indian cities:

Gold Price Today in Mumbai: In Mumbai, 22K gold is at ₹7,450 per gram, and 24K gold costs ₹8,127 per gram.

Gold Price Today in Chennai: Prices remain similar to Mumbai, with 22K costing ₹7,450 per gram and 24K at ₹8,127 per gram

Gold Price Today in Bangalore: Gold rates align with other cities like Mumbai and Chennai, with 22K gold reaching ₹7,450 per gram and 24K at ₹8,127 per gram.

Gold Price Today in Hyderabad: Gold prices remain identical, with 22K gold at ₹7,450 per gram and 24K gold at ₹8,127 per gram.

Gold Price Today in Kerala: Gold prices mirror the rates in other metros, with 22K at ₹7,450 per gram and 24K at ₹8,127 per gram.

Gold Price Today in Delhi: Prices are slightly higher in Delhi, with 22K gold priced at ₹7,465 per gram and 24K gold at ₹8,142 per gram.

Recent Gold Price Trends in India

Gold prices have been on an upward trend, with significant changes observed this week. Below is a summary of recent trends:

• January 16: Gold price rose significantly, reaching ₹7,390 per gram for 22K gold and ₹8,062 for 24K gold. 
• January 15: Prices witnessed a rise. 22-carat gold was at ₹7,340 per gram and 24-carat gold was at ₹8,007 per gram.
• January 14: Rates dropped slightly, with 22K gold at ₹7,330 per gram and 24K at ₹7,996 per gram.
• January 13: A notable peak was witnessed, with 22K gold at ₹7,340 per gram and 24K at ₹8,007 per gram.
• January 12: Prices remained steady compared to the previous day.
• January 11: A marginal rise was seen, with 22K gold reaching ₹7,300 per gram and 24K reaching ₹7,964 per gram.

Gold prices in India are driven by a variety of factors, including fluctuations in global markets, currency exchange rate movements, etc. Today, the precious metal has seen a notable price hike, making it costlier for buyers. This marks the fourth consecutive increase in gold prices this week. The ongoing wedding season in India, which has fueled a surge in demand for gold, is a significant contributor to this upward trend. Additionally, global market trends have played a key role in influencing domestic gold rates. While the month began with the lowest prices on January 1. Today, January 17, records the highest rates so far.

In Conclusion

Gold prices in India have reached their highest levels of the month as of January 17, 2025. The sharp rise in prices reflects both domestic demand and global market trends. For buyers, the upward momentum underscores the importance of monitoring fluctuations before making purchase decisions. As gold continues to be a preferred investment and a significant component of cultural events, its pricing dynamics remain pivotal for both consumers and investors.