Today’s Gold Prices Revealed
Check Rates Across Every State in India Now
Today’s Gold Price in India: A State-Wise Overview (January 8, 2025)
Gold prices in India fluctuate due to various factors, including regional taxes, transportation costs, and market demand. Below is a state-wise breakdown of the gold rates for 22-carat and 24-carat gold in major cities across the country:
| City | 22K Gold (per gram) | 24K Gold (per gram) |
|---|---|---|
| Chennai | ₹7,040 | ₹7,680 |
| Mumbai | ₹7,040 | ₹7,680 |
| Delhi | ₹7,055 | ₹7,695 |
| Kolkata | ₹7,040 | ₹7,680 |
| Bangalore | ₹7,040 | ₹7,680 |
| Hyderabad | ₹7,040 | ₹7,680 |
| Kerala | ₹7,040 | ₹7,680 |
| Pune | ₹7,040 | ₹7,680 |
| Vadodara | ₹7,045 | ₹7,685 |
| Ahmedabad | ₹7,045 | ₹7,685 |
Note: Gold rates are indicative and may vary based on local market conditions. For the latest and most accurate prices, consult trusted jewelers or financial news outlets.
Factors Affecting Gold Prices in India
Global Market Trends:
International economic events, geopolitical issues, and fluctuations in currency exchange rates significantly influence gold prices.Import Duties:
Since India imports a large portion of its gold, changes in import taxes directly impact domestic rates.State Taxes:
Taxes like Value Added Tax (VAT) and other state levies contribute to price differences across regions.Demand and Supply:
High demand during festivals, weddings, and cultural events often leads to a rise in gold prices.Currency Value:
The Indian Rupee's strength against the US Dollar also affects gold prices, as gold is traded internationally in USD.
Tips for Gold Buyers
Stay Updated:
Monitor daily gold prices from reliable sources to make informed purchases.Check Purity:
Ensure the gold's quality by verifying its hallmark certification.Account for Making Charges:
Making charges vary across jewelers. Include these costs when calculating your total expense.Explore Investment Options:
Consider alternative gold investments like Gold ETFs, Sovereign Gold Bonds, or digital gold for added security and flexibility.
Gold continues to be a favored choice for investment and adornment in India. By staying informed about the current prices and understanding market trends, you can make wise decisions that meet both financial and cultural needs.
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