Gold Prices in India Remain Unchanged Today on 21st January 2025

Gold prices in India held steady today, January 21, 2025, following a slight increase observed yesterday. The rates remain consistent, with 22K gold priced at ₹7,450 per gram and 24K gold at ₹8,123 per gram.

Cost of Gold in India Remain Steady

As of 11:37 AM, gold rates for 22-carat and 24-carat gold show no variation compared to yesterday. Here's the city-wise breakdown:

Gold Price Today in Mumbai: The price of 22K gold remains ₹7,450 per gram, while 24K gold costs ₹8,123 per gram.

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

Gold Price Today in Bangalore: The gold rate matches that of other major cities, with 22K gold at ₹7,450 per gram and 24K gold at ₹8,123 per gram.

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

Gold Price Today in Kerala: Rates remain identical to other cities, with 22K gold priced at ₹7,450 per gram and 24K gold at ₹8,123 per gram.

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

Recent Gold Price Trends in India

Gold prices in India on January 21, 2025 have shown minor fluctuations over the past week. Below is a summary of recent price movements:

• January 20: Prices saw a slight increase, with 22K gold at ₹7,450 per gram and 24K gold at ₹8,123 per gram.
• January 19: No changes were observed in gold prices. 
• January 18: Gold prices dropped slightly to ₹7,435 per gram for 22K gold and ₹8,111 per gram for 24K gold.
• January 17: Gold rates peaked at the highest levels for January.
• January 16:  A notable rise was recorded, with 22K gold priced at ₹7,390 per gram and 24K gold at ₹8,062 per gram.
• January 15: Prices increased, reaching ₹7,340 per gram for 22K gold and ₹8,007 per gram for 24K gold.

Gold prices in India are determined by a combination of global and domestic factors. Changes in international market trends play a significant role, as gold is traded globally, and any fluctuation in global demand or supply affects its value. Currency exchange rates also impact prices. Seasonal demand, especially during festivals and the wedding season, contributes to price surges as gold remains a preferred choice for jewelry and gifts. Additionally, economic conditions, inflation, and geopolitical uncertainties often increase gold's appeal as a safe-haven investment, further influencing its prices.

After beginning the month at relatively low prices, gold rates surged to their January peak on the 17th. The steady rates observed today reflect a period of stability influenced by market conditions.

In Conclusion

Gold prices in India stayed steady today (January 21), giving buyers a sense of stability. Over the past week, there have been slight fluctuations. Factors like global trends, currency rates, and the wedding season continue to influence prices. Buyers should stay informed and consider their financial goals and the prevailing market trends before making purchases or investments.