Gold prices in India moved higher on Monday, January 19. The market showed a modest improvement after recent declines. This rebound comes amid global tensions, including the US-Venezuela conflict, which often influences precious metal markets.
Today's Gold Rates Per Gram in India
The latest rates indicate a slight increase across all carat categories. Here are the updated prices per gram for gold in India today.
National Average Gold Prices
- 24 Karat Gold: ₹14,569 per gram, up by ₹191 from previous levels.
- 22 Karat Gold: ₹13,355 per gram, showing an increase of ₹175.
- 18 Karat Gold: ₹10,927 per gram, rising by ₹143.
Investors commonly use 24-carat gold, the purest form, for investment purposes. Meanwhile, 22-carat and 18-carat gold are popular choices for jewellery making across the country.
City-Wise Gold Price Breakdown
Gold rates vary slightly across different Indian cities. Here is a detailed look at today's prices in major urban centers.
Gold Prices in Metropolitan Cities
- Chennai: 24K at ₹14,673, 22K at ₹13,450, 18K at ₹11,230
- Mumbai: 24K at ₹14,569, 22K at ₹13,355, 18K at ₹10,927
- Delhi: 24K at ₹14,584, 22K at ₹13,370, 18K at ₹10,942
- Kolkata: 24K at ₹14,569, 22K at ₹13,355, 18K at ₹10,927
- Bangalore: 24K at ₹14,569, 22K at ₹13,355, 18K at ₹10,927
- Hyderabad: 24K at ₹14,569, 22K at ₹13,355, 18K at ₹10,927
Gold Prices in Other Major Cities
- Kerala: 24K at ₹14,569, 22K at ₹13,355, 18K at ₹10,927
- Pune: 24K at ₹14,569, 22K at ₹13,355, 18K at ₹10,927
- Vadodara: 24K at ₹14,574, 22K at ₹13,360, 18K at ₹10,932
- Ahmedabad: 24K at ₹14,574, 22K at ₹13,360, 18K at ₹10,932
These figures reflect the current market conditions as reported by financial sources. The gold market experienced a slight fall last week, particularly on Thursday and Friday. However, prices have resumed their upward trend today.
Market analysts note that gold prices often respond to international geopolitical events. The ongoing US-Venezuela conflict has contributed to this recent price movement. Investors and jewellery buyers should monitor these rates closely for any further changes.
Remember, gold prices can fluctuate throughout the day based on market demand and global factors. Always check the latest rates before making any purchase or investment decisions.
