Gold Price Today: Today, gold has become expensive on the second day of the year. The price of gold has increased to Rs 500 on January 2, 2025. On Thursday, the price of gold increased by Rs 500 compared to yesterday on January 1. In most cities of the country, 24 carat gold rate is trading around Rs 78,100. The price of 22 carat gold is around Rs 71,600. Check what is the price of gold in your city.
Silver became cheaper on January 2, 2025
The price of one kilogram of silver in the country is trading at Rs 90,500. There has been no change in the price of silver.
Great returns of gold and silver in 2024
Gold and silver gave excellent returns to investors in 2024. Gold touched a record high of Rs 82,400 per 10 grams on October 30, giving a return of 23% in the domestic market. At present, gold is at Rs 79,350 per 10 grams in the spot market and Rs 76,600 per 10 grams in the MCX futures market. Silver also gave a return of 30% this year and its price went above Rs 1 lakh per kg. In the international market, gold rose from $ 2,062 to $ 2,790 an ounce, giving a gain of 28%.
Gold and silver forecast in 2025
Experts say that gold and silver prices may show strength in 2025 also. Jatin Trivedi of LKP Securities believes that gold can go up to Rs 85,000 per 10 grams and silver up to Rs 1.25 lakh per kg. However, if the geopolitical crisis resolves or the US Federal Reserve reduces interest rates, the prices of these metals may be affected.
This is the gold rate on January 2, 2025
| city name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 71,650 | 78,150 |
| Noida | 71,650 | 78,150 |
| Ghaziabad | 71,650 | 78,150 |
| Jaipur | 71,650 | 78,150 |
| Gurgaon | 71,650 | 78,150 |
| Lucknow | 71,650 | 78,150 |
| Mumbai | 71,500 | 78,000 |
| Kolkata | 71,500 | 78,000 |
| Patna | 71,550 | 78,050 |
| Ahmedabad | 71,550 | 78,050 |
| Bhubaneswar | 71,500 | 78,000 |
| Bengaluru | 71,500 | 78,000 |
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