Gold Prices in India Decline Today on 12th February 2025
Gold Prices in India Decrease Today on 28th January 2025
Last Updated: 28th January 2025 - 12:13 pm
Gold prices in India recorded a decline today, January 28, 2025, following a marginal drop observed yesterday. As of now, the price of 22K gold stands at ₹7,510 per gram, while 24K gold is priced at ₹8,193 per gram.
Cost of Gold in India Decline
As of 11:21 AM, gold prices have decreased, with 22-carat gold dropping by ₹30 per gram and 24-carat gold by ₹32 per gram compared to the previous day. Over the past few days, gold prices in India had been on an overall upward trajectory, which was interrupted yesterday. Below is the city-wise breakdown of gold prices:
Gold Price Today in Mumbai: 22K gold in Mumbai is priced at ₹7,510 per gram and 24K gold is valued at ₹8,193 per gram.
Gold Price Today in Chennai: Gold rates in Chennai are similar to Mumbai with 22K gold at ₹7,510 per gram and 24K gold at ₹8,193 per gram.
Gold Price Today in Bangalore: The price of gold in Bangalore on 28th Jan is 22K gold is ₹7,510 per gram for 22K gold and ₹8,193 per gram for 24K gold.
Gold Price Today in Hyderabad: In Hyderabad, gold prices are ₹7,510 per gram for 22K gold and ₹8,193 per gram for 24K gold.
Gold Price Today in Kerala: Gold rates in Kerala are similar to other cities, with 22K gold priced at ₹7,510 per gram and 24K gold at ₹8,193 per gram.
Gold Price Today in Delhi: Prices in Delhi are slightly higher as compared to the other cities, with 22K gold at ₹7,525 per gram and 24K gold at ₹8,208 per gram.
Recent Gold Price Trends in India
Gold prices in India have been fluctuating recently. Below is a summary of recent price movements:
- January 27: Gold price declined marginally with 22K gold priced at ₹7,540 per gram and 24K gold priced at ₹8,225 per gram.
- January 25 & 26 - Gold prices remained stable.
- January 24: Prices peaked for the month, with 22K gold at ₹7,555 per gram and 24K gold at ₹8,242 per gram.
- January 23: Prices were steady at ₹7,525 per gram for 22K gold and ₹8,209 per gram for 24K gold.
- January 22: A notable peak, with 22K gold at ₹7,525 per gram and 24K gold at ₹8,209 per gram.
Gold prices in India at the beginning of January were lower, with 22K gold at ₹7,150 per gram and 24K gold at ₹7,800 per gram. Despite the recent dip, the broader trend for the month indicates significant growth, likely driven by favorable market conditions and seasonal demand.
In Conclusion
Today's dip (January 28) in gold prices in India interrupts the upward trend observed last week. However, with gold reaching considerable highs during January, the overall outlook potentially reflects positive performance influenced by global factors such as investor sentiment and currency movements. Buyers and investors should continue tracking gold price fluctuations closely, as they can present potential opportunities for investment or savings.
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