Gold Prices Surge on January 2, 2025
Gold and silver prices have slipped lower at the start of the week. On January 6, 2025, as of 12:23 PM IST, the spot gold price in the international market had dropped by 0.35% to $2,631.57 per ounce. Meanwhile, silver prices have corrected by 0.20% to $29.55 an ounce as of 12:23 PM IST.
In India, gold prices have fallen on January 6, 2025. The 24-carat gold price in Mumbai declined by ₹300 to ₹77,300 per 10 grams, while the 1-gram price dropped to ₹7,730.
For 22-carat gold, the rate in Mumbai slipped to ₹70,858 per 10 grams.
In Delhi, the 24-carat gold price dropped by ₹280 to ₹77,020 per 10 grams, and the 1-gram price stood at ₹7,702. In Kolkata, prices trended lower, with 24-carat gold down by ₹270 to ₹77,060 per 10 grams and 22-carat gold price stood at ₹70,638 per 10 grams
Here is a detailed breakdown of gold prices as of January 06, 2025:
City | 24 Carat Gold (per 10gm in ₹) | 22 Carat Gold (per 10gm in ₹) |
Chennai | 77,390 | 70,941 |
Hyderabad | 77,280 | 70,840 |
Delhi | 77,020 | 70,602 |
Mumbai | 77,160 | 70,730 |
Bangalore | 77,220 | 70,785 |
Spot silver prices have declined by 0.20% to $29.55 an ounce as of 12:23 PM IST. A similar trend was observed in the Indian markets.
Silver Prices Across Major Indian Cities
City | Silver Rate (per kg in ₹) |
Mumbai | 89,200 |
Delhi | 89,050 |
Kolkata | 89,090 |
Chennai | 89,460 |
Overall, silver prices in India have dropped to the tune of ₹140 per kilogram, reflecting the slightly sluggish global trend.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 6, 2025, 3:35 PM IST
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