Gold and Silver Prices on January 28: Check Rates in Your City

On Tuesday, January 28, 2025, the precious yellow metal saw an uptick in prices, reflecting increased global demand. Gold has regained prominence due to heightened uncertainty following former US President Donald Trump’s protectionist tariff policies and speculations about a US Federal Reserve rate cut. This has fuelled the demand for gold as a safe-haven asset.

In the international market, spot gold was trading with gains of 0.29% at $2,742.13 per ounce as of 11:44 AM on January 28, 2025.

Gold Prices Across India

Gold prices have risen across major Indian metro cities. Here’s the breakdown:

In Mumbai, 24-carat gold is priced at ₹8,006 per gram, while 22-carat gold costs ₹7,388 per gram. As of 11:44 AM, the price of 24-carat gold had risen by ₹180 to ₹80,060 per 10 grams. In Delhi, 22-carat gold is priced at ₹73,260 per 10 grams, and 24-carat gold is trading at ₹79,920 per 10 grams, also up by ₹180.

Silver Prices in India

Silver prices have also gained momentum. As of 11:54 AM on January 28, 2025, spot silver prices rose by 0.20% to $30.12 per ounce. Here’s a city-wise breakdown:

Silver Prices Across Major Indian Cities

Key Takeaways

• Gold Prices: Both 22-carat and 24-carat gold prices have trended upwards, with 24-carat gold reclaiming the significant ₹80,000 mark in cities like Mumbai, Chennai, and Bangalore.
• Silver Prices: Spot silver prices have also seen gains on January 28, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.