Gold Price Today: Gold prices have been rising steadily in the new year. Today, on January 8, 2025, the price of gold remained in the green. On Wednesday, the price of gold increased marginally compared to yesterday. In most cities of the country, the 24 carat gold rate is trading around Rs 78,800
Gold Price Today: Gold prices have been rising steadily in the new year. Today, on January 8, 2025, the price of gold remained in the green mark. On Wednesday, the price of gold increased marginally as compared to yesterday. In most cities of the country, the 24 carat gold rate is trading around Rs 78,800. The price of 22 carat gold is trading around Rs 72,300. Check what is the price of gold in your city.
Silver became expensive on January 8, 2025
The price of one kilogram of silver in the country is trading at Rs 92,500. There was a rise in the price of silver. Earlier the rate of silver was trading around Rs 91,500 yesterday. Today it increased by Rs 1,000 per kg.
Why is gold becoming increasingly expensive?
The reason for the increase in gold prices is the strength in the international market and the increasing demand of investors in the country. The weakness of the rupee has also made gold expensive. Due to economic uncertainties, people are buying gold considering it a safe investment. Also, US economic data like unemployment rate and PMI report can affect the prices of gold in the coming days.
This was the rate of gold on 8 January 2025
| City Name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 72,300 | 78,860 |
| Noida | 72,300 | 78,860 |
| Ghaziabad | 72,300 | 78,860 |
| Jaipur | 72,300 | 78,860 |
| Gurgaon | 72,300 | 78,860 |
| Lucknow | 72,300 | 78,860 |
| Mumbai | 72,150 | 78,710 |
| Kolkata | 72,150 | 78,710 |
| Patna | 72,200 | 78,760 |
| Ahmedabad | 72,200 | 78,760 |
| Bhubaneswar | 72,150 | 78,710 |
| Bangalore | 72,150 | 78,710 |
How is the price of gold decided in the country?
Gold prices are affected by local demand, US economic situation, Federal Reserve interest rates and the international market. In such a situation, gold prices are expected to increase in the coming times.
