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Gold Price India, Jan 17: Yellow Metal Prices Rise, Will Gold Rally Next Week?

Gold Price India, Jan 17: Yellow Metal Prices Rise, Will Gold Rally Next Week?

Gold prices in India today registered gain and likely to witness a rally for 3rd consecutive week as US inflation data and latest dovish statements from Fed Reserve official boosted prospects of interest rates cut for more than once in 2025. 1 gram gold rate today for 22 carat gold in India stood at Rs 7,450 after gain of Rs 60 while 1gm gold rate today for 24k yellow metal soared by Rs 65 to Rs 8,127.

22k gold price today in the country surged by Rs 600 to Rs 74,500/10 grams and 100 grams of 22 carat precious metal prices rose by Rs 6000 to Rs 7,45,000. 24k precious metal prices in India today edged higher by Rs 650 to settle at Rs 81,270/10 grams and 100 grams of 24 carat gold prices today jumped by Rs 6,500 to Rs 8,12,700. If you are planning to buy 10 grams of 18k gold prices today in India, you will have to shell out Rs 60,960 as prices moved higher by Rs 490, according to Goodreturns.in.

Gold Price India, Jan 17: Yellow Metal Prices Rise, Will Gold Rally Next Week?

According to Reuters, “gold gained support this week, buoyed by weaker-than-expected U.S. economic data, including PPI and CPI figures, alongside dovish remarks from Federal Reserve policymakers,” said Zain Vawda, market analyst at MarketPulse by OANDA.

Spot Gold Prices Today

Spot gold declined by 0.3% to settle at $2,706.71 per ounce as of 0941 GMT. Meanwhile, bullion jumped approximately 0.6% till now this week. U.S. gold futures slipped 0.7% to $2,732.00. Spot silver slipped 0.9% to $30.49 per ounce. On the other hand, palladium fell nearly 0.5% to $936.31. Platinum surged 0.6% to $937.50 but likely to record its worst week since November 2024, according to Reuters.

Silver Prices Today In India

Silver price in India today witnessed rally. 1 kg silver prices today surged by Rs 1000 to Rs 96,500. Meanwhile, 100 grams silver prices on Friday gained by Rs 100 to end at Rs 9,650.

22k Gold Price In Last 5-Days In India (for 1 gram)

22k gold price in India today zoomed by Rs 60, surged by Rs 50 on January 16, rallied by Rs 10 on January 15, fell by Rs 10 on January 14, and surged again by Rs 40 on January 13.

1kg Silver price in India in last 5-days

1 kg silver prices in India today zoomed by Rs 1000, jumped by Rs 2000 on January 16, edged higher by Rs 1000 on January 15, fell by Rs 2000 on January 14, and gained by Rs 1000 on January 13.

1 Gram gold rate today In 6 key metropolitan cities of India on January 17, 2025

City 22k Gold Price Per Gram
Chennai Gold Price Today 22 carat gold rate is Rs 7,450
Mumbai Gold Price Today 22K gold price is Rs 7,450
Delhi Gold Rate Today 22K yellow metal price is Rs 7,465
Kolkata Gold Price Today 22 carat gold price is Rs 7,450
Gold Price Kerala Today 22K gold prices is Rs 7,450
Bangalore Gold Price Today 22K gold rate is Rs 7,450
Hyderabad Gold Prices Today 22 carat gold rate is Rs 7,450

(Gold price figures source: Goodreturns.in)

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