Gold Price Today: There is a continuous rise in the price of gold. On the third day of the new year, the price of gold increased by Rs 330. On Friday, January 3, 2025, the price of 10 grams of 22 carat gold has become costlier by Rs 300 and that of 24 carat gold by Rs 330. In most cities of the country, 24 carat gold rate is trading around Rs 78,400. The price of 22 carat gold is around Rs 71,900. Check what is the price of gold in your city.
Silver became cheaper on January 3, 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.
This was the price in Delhi’s local bullion market yesterday
A rise in gold and silver prices was recorded in the national capital Delhi on Thursday. Gold became costlier by Rs 330 to Rs 79,720 per 10 grams, whereas on Wednesday it was at Rs 79,390. Similarly, silver also increased by Rs 130 to Rs 90,630 per 10 grams.
Why did gold become expensive?
Traders say that this increase was due to the increase in the prices of precious metals in the international markets and demand from investors in the domestic market. Experts believe that the weakness of the rupee and strength in the international market supported gold prices. The price of gold in the domestic market remains above Rs 77,300 and in the Comex market too, gold is trading above $ 2,640 an ounce. The market is now eyeing macroeconomic data like unemployment and PMI coming from America, which can bring instability in the bullion market.
This is the gold rate on January 3, 2025
| city name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 71,950 | 78,480 |
| Noida | 71,950 | 78,480 |
| Ghaziabad | 71,950 | 78,480 |
| Jaipur | 71,950 | 78,480 |
| Gurgaon | 71,950 | 78,480 |
| Lucknow | 71,950 | 78,480 |
| Mumbai | 71,800 | 78,330 |
| Kolkata | 71,800 | 78,330 |
| Patna | 71,850 | 78,380 |
| Ahmedabad | 71,850 | 78,380 |
| Bhubaneswar | 71,800 | 78,330 |
| Bengaluru | 71,800 | 78,330 |
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