Gold Price See Slight Increase Today on 20th January 2025

On January 20, 2025, gold prices in India experienced a slight increase, continuing the trend of minor fluctuations observed in recent days. Currently, the price of 22-carat gold is ₹7,450 per gram, while 24-carat gold is valued at ₹8,123 per gram.

Cost of Gold Today Rises in India

As of 11:57 AM, on January 20, 2025, the price of 22-carat gold saw a modest rise of ₹15 per gram, and 24-carat gold increased by ₹12 per gram. Below are the gold rates in key Indian cities:

Gold Price Today in Mumbai: In Mumbai, 22K gold is at ₹7,450 per gram, and 24K gold costs ₹8,123 per gram.

Gold Price Today in Chennai: Prices remain in line with Mumbai, with 22K costing ₹7,450 per gram and 24K at ₹8,123 per gram.

Gold Price Today in Bangalore: Gold rates align with other metro cities, with 22K gold reaching ₹7,450 per gram and 24K at ₹8,123 per gram.

Gold Price Today in Hyderabad: 22K gold is at ₹7,450 per gram and 24K gold is at ₹8,123 per gram in Hyderabad.

Gold Price Today in Kerala: Gold prices are similar to other cities, with 22K at ₹7,450 per gram and 24K at ₹8,123 per gram.

Gold Price Today in Delhi: In Delhi, gold prices are a bit higher, with 22K gold priced at ₹7,465 per gram and 24K gold at ₹8,138 per gram.

Recent Gold Price Trends in India

Over the last few days, gold prices have fluctuated slightly. Here’s a summary of the trends:

• January 19: No changes were observed in gold prices. 
• January 18: Gold rates in India declined slightly, reaching ₹7,435 per gram for 22-carat gold and ₹8,111 per gram for 24-carat gold.
• January 17: Gold prices reached highest for the month of January
• January 16:  Prices rose notably to ₹7,390 for 22K gold and ₹8,062 for 24K gold.
• January 15: Prices increased, with 22K gold at ₹7,340 and 24K at ₹8,007.
• January 14: A minor drop was recorded, with 22K gold priced at ₹7,330 and 24K at ₹7,996.
   

Gold prices in India are influenced by various factors, including shifts in global markets and changes in currency exchange rates. Recently, gold prices are driven largely by heightened demand due to the ongoing wedding season in India.

Additionally, global market trends have significantly impacted the prices of this precious metal. January began with lower prices, while on January 17, prices reached the highest rates of the month

In Conclusion

The uptick in gold prices today (January 20) may reflect both domestic demand and global market movements. With the wedding season continuing and global factors at play, it remains to be seen whether this upward trend will persist. Gold continues to be a significant asset in India, and its prices are likely to remain volatile, influenced by both international and local factors.