Gold price today: On Friday 24 January 2025, gold prices came down from their record height in early trade. The continuous boom in the price of gold has been broken today. In the morning, the prices of gold opened flats and were seen trading at the beginning of tomorrow. But the impact of the weakness of global markets started to appear on Indian markets as well. The price of gold started declining. Investors are now waiting for the new policy to be cleared on the US PMI data and trade policy.
22 carat and 24 carat gold prices
24 carat gold is known for its purity and quality. At the same time, 22 carat gold is the first choice of jewelers due to its strength and beauty. On Friday, the price of 24 carat gold was Rs 82,080 per 10 grams in major cities and Rs 75,240 for 22 carats. On Thursday, the price of gold was trading at its record level.
Gold prices in Delhi and Mumbai
In Delhi, 24 carat gold fell by Rs 10 to Rs 82,240 per 10 grams, while 22 carat gold was recorded at Rs 75,390 per 10 grams. In Mumbai, 24 carat gold prices are trading at Rs 82,080 and 22 carat gold at Rs 75,240 per 10 grams.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 75,390 | 82,240 |
| Chennai | 75,240 | 82,080 |
| Mumbai | 75,240 | 82,080 |
| Kolkata | 75,240 | 82,080 |
Silver also became cheap
On Friday, the price of silver fell by Rs 100 to Rs 96,400 per kg. Silver remained stable at Rs 96,500 per kg on Thursday. Silver prices have declined due to weak domestic demand. Gold prices reached a record high this week, but on Friday they saw a stagnation. At the same time, silver prices are trading within a limited range. The weak demand for investment is not allowing silver prices to increase.
How the price of gold in India is decided
Gold prices in India depend mainly on international market rates, import duty, tax and exchange rate fluctuations. On the basis of these factors, gold prices are fixed across the country. Gold in India is considered special not only for investment but also due to cultural and traditional importance. The demand for gold increases during the wedding and festivals season.
Gold Price Today: What is the price of gold in Delhi, UP, Bihar, Rajasthan, check the price today