Gold Price Today: Today, on the first day of the year, the price of gold has given some relief. The price of gold has become cheaper by Rs 450 on January 1, 2025. On Wednesday, the price of gold declined compared to yesterday, Tuesday, December 31, 2024. In most cities of the country, 24 carat gold rate is trading around Rs 77,600. The price of 22 carat gold is around Rs 71,200. Check what is the price of gold in your city.
Silver became cheaper on January 1, 2025
The price of one kilogram of silver in the country is trading at Rs 90,500. Yesterday the price of silver was Rs 92,500. Silver fell by Rs 2,000 per kg on New Year’s Day.
How will gold prices behave in the future?
Gold prices are likely to rise in the new year. According to experts, the demand for gold is increasing due to the weakness of the rupee, Russia-Ukraine war and tensions in West Asia. Investors’ interest in safer options and increased buying by jewelers are also influencing prices. Apart from this, there is a possibility of market volatility due to the strength of the dollar and policy changes of central banks. Due to all these factors, gold prices may touch high in the coming days.
This is the gold rate on January 1, 2025
| city name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 71,250 | 77,710 |
| Noida | 71,250 | 77,710 |
| Ghaziabad | 71,250 | 77,710 |
| Jaipur | 71,250 | 77,710 |
| Gurgaon | 71,250 | 77,710 |
| Lucknow | 71,250 | 77,710 |
| Mumbai | 71,100 | 77,560 |
| Kolkata | 71,100 | 77,560 |
| Patna | 71,150 | 77,610 |
| Ahmedabad | 71,150 | 77,610 |
| Bhubaneswar | 71,100 | 77,560 |
| Bengaluru | 71,100 | 77,560 |
How is the price of gold decided in the country?
Gold prices are influenced by local demand, America’s economic condition, Federal Reserve interest rates and international markets. In such a situation, the price of gold is expected to increase in the coming time.
gold and silver rate