Gold price in India today remained steady as traders continue to look forward for more cues from US President Donald Trump’s administration pertaining to trade policies. Meanwhile, US dollar gained strength on Thursday. 24ct gold price today remained unchanged at Rs 82,090/10 grams and 100 grams of 24-carat gold rate today stood at Rs 8,20,900/10 grams.
Meanwhile, 22 carat gold rate today remained stable at Rs 75,250/10 grams and 100 grams of 22k precious metal prices today is retailing at Rs 7,52,500, according Goodreturns.in.
On the other hand, 18k gold rate today stood at Rs 61,570/10 grams and 100 grams of 18 carat yellow metal prices is selling for Rs 6,15,700 in India on Thursday. 1 gram gold rate today for 22 carat precious metal is Rs 7,525 and 1gm gold rate today for 24k yellow metal is Rs 8,209. 1 gram gold rate in India today for 18 carat stood at Rs 6,157.
Should You Buy Gold?
According to Sriram Iyer, Senior Analysr Reliance Securities, “International and domestic gold struggled in Thursday’s morning trade as the U.S. Dollar and Bond Yields rebounded overnight. Although, downside could be capped amid safe haven appeal amid Trump’s administration tariff plans and fears of potential trade wars. Additionally, dovish comments from ECB officials on the future rate cuts could also cap downside in bullion. Investors now awaited further direction from U.S. President Donald Trump’s administration regarding trade policies.”
Manoj Kumar Jain of Prithvifinmart Commodity Research said, “gold has support at $2,755-2,744, while resistance at $2,784-2,796 per troy ounce and silver has support at $31.15-30.88, while resistance is at $31.66-31.88 per troy ounce in today’s session.”
Jain recommended buying yellow metal on dips around Rs 79,250 and advised to maintain the stop loss at Rs 79,000 for a target price of Rs 79,800.
“MCX Gold has support at ₹79,300-79,080 and resistance at ₹79,800-80,000 while silver has support at ₹91,220-90,700 and resistance at ₹92,600-93,300,” added Jain.
Spot Gold Prices Today
Spot gold slipped 0.1% to $2,751.99 per ounce by 0552 GMT. Gold price zoomed to $2,763.43 on Wednesday, highest since October 31 when they touched a new high of $2,790.15. Spot silver eased 0.5% to $30.63 per ounce, while platinum declined 0.2% to $944 and palladium fell 0.7% to $970.55, according to Reuters.
The Reuters report added, “How Trump’s policies impact gold is whether the combination of tax cuts, deregulation, tariffs, and deportation will amount to a strong inflationary push,” said Ilya Spivak, head of global macro at Tastylive. If so, Fed rate cuts will be limited and gold is likely to struggle.
Silver Prices Today In India
Silver price in India have been maintaining steady approach since January 18, 2025. 1 kg silver rate today in the country stayed stable at Rs 96,500. On the other hand, 100 grams silver prices on January 23, 2025 stood at Rs 9,650.
22k Gold Price In Last 5-Days In India (for 1 gram)
22k gold price in India today remained unchanged, rallied by Rs 75 on January 22, remained steady on January 21, surged by Rs 15 on January 20, stood steady on January 19, and slipped by Rs 15 on January 18.
1kg Silver price in India in last 5-days
1 kg silver prices in India have been steady since January 18.
1 Gram gold rate today In key metropolitan cities and states of India on Jan 23, 2025
| City | 22k Gold Price Per Gram |
| Chennai Gold Price Today | 22 carat gold rate is Rs 7,525 |
| Mumbai Gold Price Today | 22K gold price is Rs 7,525 |
| Delhi Gold Rate Today | 22K yellow metal price is Rs 7,540 |
| Kolkata Gold Price Today | 22 carat gold price is Rs 7,525 |
| Bangalore Gold Price Today | 22K gold rate is Rs 7,525 |
| Hyderabad Gold Prices Today | 22 carat gold rate is Rs 7,525 |
| Kerala Gold Prices Today | 22 carat gold rate is Rs 7,525 |
(Gold price figures source: Goodreturns.in)
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