Gold and silver prices continued their upward rally on January 31, 2025, driven by global economic uncertainties and increased investor demand. On the Multi Commodity Exchange (MCX), 24-carat gold surged to ₹83,357 per 10 grams and that for Silver has risen to Rs. 94000 per Kg.
Whereas, the spot prices for the precious metals in different cities of India are as follows:
Delhi:
22k Gold (per 10 gms): ₹77,450
24k Gold (per 10 gms): ₹84,480
Silver (per kg): ₹99,500
Mumbai:
22k Gold (per 10 gms): ₹77,300
24k Gold (per 10 gms): ₹84,330
Silver (per kg): ₹99,500
Chennai:
22k Gold (per 10 gms): ₹77,300
24k Gold (per 10 gms): ₹84,330
Silver (per kg): ₹1,07,000
Kolkata:
22k Gold (per 10 gms): ₹77,300
24k Gold (per 10 gms): ₹84,330
Silver (per kg): ₹99,500
Ahmedabad:
22k Gold (per 10 gms): ₹77,350
24k Gold (per 10 gms): ₹84,380
Silver (per kg): ₹99,500
Lucknow:
22k Gold (per 10 gms): ₹77,450
24k Gold (per 10 gms): ₹84,480
Silver (per kg): ₹99,500
These prices reflect the latest market trends and can vary slightly based on local demand and supply factors.
Experts attribute this rise to geopolitical tensions and a weakening dollar, pushing investors towards safe-haven assets. Analysts predict further fluctuations amid global market volatility.
Source: GoodReturns, IndiaTV