Gold Price Today: Rates Surge Again – Check Prices In Mumbai, Delhi, Chennai & Others
Gold price in India aren’t solely driven by physical gold demand and supply. Instead, they’re significantly influenced by trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market.
Gold Price Today: Yellow metal buyers will have to spend more as Gold price rises, with 24-carat gold witnessing a surge on Friday. Additionally, the popular choice for jewelers, 22-carat gold, prized for its durability, was priced at Rs 72,610 for 10 grams.
The price of 24-carat gold surged on Friday, with 10 grams of it selling at Rs 79,210, according to Good Returns. However, Silver prices witnessed a fall, with the metal’s price now standing at Rs 92,400 per kilogram, according to Good Returns.
Gold Price Today: Major Cities
| City | Gold Price (22-Carat/10 gm) | Gold Price (24-Carat/10 gm) | Silver Price (Rs/kg) |
| Delhi | Rs 72,760 | Rs 79,360 | Rs 92,400 |
| Noida | Rs 72,760 | Rs 79,360 | Rs 92,400 |
| Lucknow | Rs 72,760 | Rs 79,360 | Rs 92,400 |
| Mumbai | Rs 72,610 | Rs 79,210 | Rs 92,400 |
| Bengaluru | Rs 72,610 | Rs 79,210 | Rs 92,400 |
| Chennai | Rs 72,610 | Rs 79,210 | Rs 99,900 |
| Pune | Rs 72,610 | Rs 79,210 | Rs 92,400 |
| Ahmedabad | Rs 72,660 | Rs 79,260 | Rs 92,400 |
| Kolkata | Rs 72,610 | Rs 79,210 | Rs 92,400 |
| Hyderabad | Rs 72,610 | Rs 79,210 | Rs 99,9 |
How Gold Prices In India Are Determined?
Contrary to popular belief, gold prices in India aren’t solely driven by physical gold demand and supply. Instead, they’re significantly influenced by trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market.
Furthermore, other factors like global events, political issues, central bank decisions, and currency changes can also fuel the change in the prices of the precious metal.
How To Check The Purity Of Gold
Here are a few tips to check the purity of the gold:
1. Look for a hallmark: The best way is to look for the hallmark. 22-carat gold, also known as 916 gold, will have a hallmark stamp on its back of 916.
2. Check for the BIS Standard Mark: On all the jewelry, you can look for a triangle with the letters “BIS” underneath to ensure the purity of the gold.
3. Perform an acid test: An acid test can be performed under guidance, where you can test the gold with nitric acid to check its purity.
4. Color test: The yellow metal stays yellow always, it remains untarnished.
What’s the outlook for gold this week? Check Gold, silver rate today on January 10 in Mumbai, Delhi, Chennai, Kolkata
Gold and silver prices in India, shaped by global trends, currency movements, and domestic demand, continue to fluctuate. Here’s a look at the latest updates and prices across major cities.
“In response to Fed minutes that suggested a possible delay in the rate-easing cycle, gold is trading strongly. Furthermore, investors are turning to precious metals for stability as a result of increased market volatility brought on by elevated geopolitical tensions. Moreover, the Indian government has made the biggest modification to its gold import projections in history, cutting them by an extraordinary $5 billion (56 tons) in November. According to DGCIS, India imported $9.84 billion (117 tonnes) of gold in November, which was far less than the $14.86 billion (173 tonnes) preliminary estimate that was released last month.,” added Renisha Chainani, Head of Research at Augmont.
Gold and silver rates today, January 10
The 24-carat gole rate in India was Rs 79,210 per 10 grams on January 10. The rate for 24-carat gold per gram is Rs 7921. While the rate of 22-carat gold was Rs 72,610 per 10 grams.
On January 10, 24-carat gold prices surged to Rs 79,210 for 10 grams, while silver fell to Rs 92,400 per kilogram, as per Good Returns.
Gold rate in Mumbai on January 10
The Gold rate in Mumbai is Rs 79,210/10 grams today. On January 9, the gold was available for 79,200/10 grams.
Silver rate in Mumbai on January 10
Silver rate in Mumbai was Rs 101,400/Kg on January 10, while it was priced at Rs 92,400/Kg on the previous day.
Gold price in Delhi on January 10
On January 10, the gold rate in delhi is Rs 79,360/10 grams for 24 carat. The gold was quoted at Rs 72,760/10 grams for 22 carat.
Silver price in Delhi on January 10
The silver rate in Delhi was Rs 92,400/Kg on January 10. The price of silver for 10 gram Rs 1004/gram on January 10.
Gold price in Kolkata on January 10
The gold rate in kolkata was Rs 79,210/10 grams, today, January 10. The glittering metal was selling for Rs 72,610/10 grams for 22 carat.
Silver price in Kolkata on January 10
Today, the silver rate in Kolkata is Rs 92,400/Kg and for 10 gram, it was priced 1004.
Gold price in Chennai on January 10
On January 10, the Gold rate in Chennai was Rs 79,210/10 grams for 24 carat gold and 22 carat was priced at Rs 72,610/10 grams.
Silver price in Chennai on January 10
The silver rate in Chennai today, January 10, is Rs 9,990/Kg and for 10 gram it is priced at Rs 999.
With Thanks and Reference to:https://www.financialexpress.com/market/commodities-whats-the-outlook-for-gold-this-week-check-gold-silver-rate-today-on-january-10-in-mumbai-delhi-chennai-kolkata-3711604/ And https://news24online.com/business/gold-price-today-rates-surge-again-check-prices-in-mumbai-delhi-chennai-others/437252/
