Gold Price in India Today on 2nd January 2025

As the new year kicks off, gold prices in India today continue to climb, maintaining the upward momentum observed yesterday. As of 12:14 PM on Thursday, January 2, 2025, the price of 24K gold stands at ₹7,833 per gram, while 22K gold is priced at ₹7,180 per gram. 

Gold Rates in India Today See an Increase

As of January 2, 2025, gold price in India has seen an increase. The price of 22-carat gold has increased by ₹30, while 24-carat gold is up by ₹33, compared to yesterday. Here's a detailed city-wise breakdown of gold rates in India today:

• Gold Price Today in Mumbai: In Mumbai, the price of 22K gold today is ₹7,180 per gram, while 24K gold is priced at ₹7,833 per gram.
• Gold Price Today in Chennai: Known for its rich cultural and traditional connection to gold, Chennai matches Mumbai’s rates, with 22K gold at ₹7,180 per gram and 24K gold at ₹7,833 per gram.
• Gold Price Today in Bangalore: Bangalore’s gold rates are also in line with the gold prices in India today, with 22K gold priced at ₹7,180 per gram and 24K gold at ₹7,833 per gram.
• Gold Price Today in Hyderabad: Gold prices in Hyderabad mirror those in Mumbai, Chennai, and Bangalore, with 22K gold at ₹7,180 per gram and 24K gold at ₹7,833 per gram.
• Gold Price Today in Lucknow: In Lucknow, gold prices are slightly higher, with 22K gold priced at ₹7,195 per gram and 24K gold at ₹7,848 per gram. These variations may reflect localized market conditions.
• Gold Price Today in Delhi: Delhi reports gold rates similar to Lucknow, with 22K gold priced at ₹7,195 per gram and 24K gold at ₹7,848 per gram. The capital city’s gold prices are often influenced by both domestic demand and international market trends.
   

Recent Gold Price Trends in India

Gold prices in India maintained their upward trend on Thursday, January 2, following a rise on Wednesday. Over the past few days, gold rates have exhibited notable fluctuations. Here's a breakdown of recent price movements:

• January 1: Prices rose by ₹40 for 22-carat gold and ₹44 for 24-carat gold, reaching ₹7,150 and ₹7,800 per gram, respectively.
• December 31: A slight dip brought 22K gold to ₹7,110 per gram and 24K gold to ₹7,756 per gram.
• December 30: A modest increase saw 22K gold at ₹7,150 per gram and 24K gold at ₹7,800 per gram.
• December 29: Prices were relatively lower, with 22K gold at ₹7,135 per gram and 24K gold at ₹7,784 per gram.
   

In December, the highest gold prices were recorded on December 11, with 22K gold at ₹7,285 per gram and 24K gold at ₹7,947 per gram. Conversely, the lowest prices were observed on December 20, when 22K gold was ₹7,040 per gram and 24K gold stood at ₹7,680 per gram.

These price movements highlight the dynamic nature of gold rates, driven by global market trends, economic factors, and seasonal demand patterns.

In Conclusion

Gold prices in India today have shown a steady upward trend, reflecting dynamic market conditions influenced by global and domestic factors. With 22K gold priced at ₹7,180 per gram and 24K gold at ₹7,833 per gram as of January 2, 2025, these rates highlight the continued demand and volatility in the market. Investors and buyers should stay updated on these trends to make informed decisions.