Gold Price in India Increase Today on 3rd January 2025

The gold rate today in India continues its upward trend following yesterday’s increase. For 22K gold, the gold rate today has surged by ₹80, reaching ₹7,260, while for 24K gold, it has risen by ₹87, reaching ₹7,920. Below, you'll find a detailed city-wise breakdown of today’s gold rates along with an overview of recent gold price trends in India.

Cost of Gold Today See an Increase 

As of January 3, 2025 at 11:42 am, the gold rate today has slightly increased. 22-carat gold rate has increased by ₹80 and 24-carat gold price has increased by ₹87, compared to yesterday. Here's a detailed city-wise breakdown of gold rates today in India:

Gold Price Today in Mumbai: In Mumbai, 22K gold rate today is ₹7,260 per gram, while 24K gold is priced at ₹7,920 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 ₹7,260 per gram and 24K gold at ₹7,920 per gram.

Gold Price Today in Bangalore: Bangalore’s gold rates today are also in line with the gold prices in India today, with 22K gold priced at ₹7,260 per gram and 24K gold at ₹7,920 per gram.

Gold Price Today in Hyderabad: Gold prices in Hyderabad mirror those in Mumbai, Chennai, and Bangalore, with 22K gold at ₹7,260 per gram and 24K gold at ₹7,920 per gram.

Gold Price Today in Kerala: Gold prices in Kerala are similar to the other cities, with 22K gold priced at ₹7,260 per gram and 24K gold at ₹7,920 per gram. 

Gold Price Today in Delhi: Delhi gold rate are slightly higher, with 22K gold priced at ₹7,275 per gram and 24K gold at ₹7,935 per gram. 

Recent Gold Price Trends in India

Gold price increased in India on Friday, January 3, building on gains observed yesterday. Over the past few days, gold rates have shown significant fluctuations. Here's a look at recent price movements: 

• January 2: 24K gold was priced at ₹7,833 per gram, while 22K gold was at ₹7,180 per gram.
• January 1: Prices rose by ₹40 for 22K gold (₹7,150 per gram) and ₹44 for 24K gold (₹7,800 per gram).
• 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 slightly lower, with 22K gold at ₹7,135 per gram and 24K gold at ₹7,784 per gram.

A weak rupee, trading at all-time low levels against the US dollar, has contributed to the rise in domestic gold prices. As gold is priced in US dollars internationally, it serves as a hedge against currency depreciation. When the rupee weakens, the value of gold in rupee terms increases, offering protection against currency fluctuations.
These movements reflect the dynamic nature of gold prices, influenced by global market trends, economic conditions, and seasonal demand.

In Conclusion

The gold rate today (January 3, 2025) in India reflects a continuation of its upward momentum, influenced by both domestic and international factors. As cities across the country report consistent price increases, variations in specific regions like Lucknow and Delhi highlight localized market dynamics. Recent gold price trends underline the impact of global market conditions, a depreciating rupee, and seasonal demand on gold prices. For investors and buyers, staying informed about these fluctuations is crucial for making informed decisions in this ever-changing market.