Written by Gold has always held a special place in India, not only for its intrinsic value but also as a symbol of prosperity and tradition. With its widespread use in jewelry, investments, and even as a hedge against inflation, gold is a commodity that attracts considerable attention. Today, as of January 4, 2025, the gold price in India stands at an impressive Rs 77,500 per 10 grams for 24 Carat gold (excluding GST), making it a topic of interest for investors, traders, and consumers alike.
Understanding the gold rate today is crucial for anyone looking to make informed decisions about buying or selling gold. In this article, we will explore the current gold rate, trends, and comparisons between 24 Carat and 22 Carat gold prices. Additionally, we will take a closer look at the gold price movement, provide insights into major cities like Chennai, Bangalore, Pune, and Hyderabad, and break down the factors affecting the price of gold. By the end of this article, you’ll have a comprehensive understanding of gold price today in India and its impact on various markets.
24 Carat Gold Rate Today (Jan 4, 2025)
As of today, the 24 Carat gold rate stands at Rs 77,500 per 10 grams (Ex-GST) in India. This high value reflects the overall demand for high-purity gold, often sought after for investment purposes. 24 Carat gold is considered the purest form of gold, with no alloy content, making it the most expensive option available in the market.
The price of 24 Carat gold today is influenced by various global and domestic factors, including geopolitical tensions, currency fluctuations, inflation rates, and demand from sectors like jewelry, electronics, and financial markets. Let’s break down how these factors play a role in today’s gold price.
22 Carat Gold Rate Today (Jan 4, 2025)
While 24 Carat gold offers the highest purity, 22 Carat gold is a popular choice for many due to its slightly lower price and better durability. The 22 Carat gold rate today is slightly less expensive compared to 24 Carat gold, priced at approximately Rs 71,000 per 10 grams (Ex-GST) on January 4, 2025.
This lower price makes 22 Carat gold an attractive option for buyers looking for a balance between price and quality, especially when making jewelry, as it is more resistant to wear and tear due to its alloy content. The price difference between 22 Carat and 24 Carat gold reflects the additional metals mixed into the alloy, which affect the overall cost.
Gold Rate in Major Indian Cities on Jan 4, 2025 (Rs/10 g)
Gold prices are not uniform across all regions in India. Prices can vary significantly depending on local market conditions, taxes, and demand. Let’s take a look at the gold rate today in key cities across India:
- Gold Rate Today in Bangalore: Rs 77,200 per 10 grams (24 Carat)
- Gold Rate Today in Chennai: Rs 77,500 per 10 grams (24 Carat)
- Gold Rate Today in Pune: Rs 77,300 per 10 grams (24 Carat)
- Gold Rate Today in Hyderabad: Rs 77,400 per 10 grams (24 Carat)
As you can see, there is a minor fluctuation in gold prices between cities, driven by factors like local demand, taxes, and transportation costs.
Gold Price Movement: 24 Carat vs 22 Carat
One of the common questions that come up among consumers and investors is the difference in gold price movement between 24 Carat and 22 Carat gold. Generally, the price of 24 Carat gold tends to rise or fall at a higher rate compared to 22 Carat gold, because it is a purer form of gold and is more sensitive to global market fluctuations.
For example, if gold price increases by Rs 1,000 per 10 grams in the global market, 24 Carat gold will typically reflect this increase more prominently than 22 Carat gold, which is diluted with other metals. As such, investors looking for higher returns might prefer 24 Carat gold, while those seeking durability in jewelry often choose 22 Carat gold.
Factors Affecting Gold Prices in India
Several factors contribute to the daily fluctuations in the gold price today. Some of the key elements include:
- Global Economic Conditions: Economic instability or inflation often leads to an increase in gold demand as a safe-haven asset.
- Interest Rates: Lower interest rates typically drive investors toward gold, as it doesn’t yield any interest but serves as a store of value.
- International Gold Price: The gold price in India is largely driven by global prices, which are influenced by movements in the US dollar, geopolitical risks, and commodity markets.
- Demand and Supply: Seasonal demand, especially during festivals like Diwali and Akshay Tritiya, increases the gold price.
Gold as an Investment: Why 24 Carat Gold is the Preferred Choice
For investors, gold is often seen as a hedge against inflation and a safe investment during economic uncertainties. When buying gold for investment purposes, 24 Carat gold is usually the preferred choice because of its purity, which ensures that the value remains consistent. Investors often purchase gold bars or gold coins in 24 Carat to store their wealth in a tangible asset.
Unlike stocks or bonds, gold doesn’t generate returns through interest or dividends. Instead, its value grows over time as its price appreciates. The 24 Carat gold rate is highly reflective of these long-term trends, and it typically offers a more stable investment compared to 22 Carat gold, which might have a slightly higher risk due to the alloy content.
Best Brokers for Gold Investment in India
When it comes to investing in gold in India, several online brokers offer great platforms for purchasing gold through ETFs (Exchange-Traded Funds), gold bonds, and other instruments. Here are some top brokers:
Zerodha: Known for its low brokerage charges, Zerodha offers gold ETFs and other commodities for investment.
Key Features: Zero brokerage on equity delivery, competitive charges on commodity trading, advanced trading tools.
Upstox: A user-friendly platform for gold investors, offering easy access to gold ETFs.
Key Features: Low brokerage fees, advanced charting tools, and real-time market updates.
5paisa: Offers a variety of options for gold investment, including gold bonds and ETFs.
Key Features: Low-cost trading, research tools, and access to multiple gold-related investment options.
FAQs About Gold
What is the difference between 24 Carat and 22 Carat gold?
24 Carat gold is pure gold with no alloy, making it more expensive but also softer. 22 Carat gold contains 8% alloy, making it more durable and slightly cheaper than 24 Carat gold.
Why does the gold price vary by city?
Gold prices vary by city due to factors like local demand, taxes, and transportation costs. Cities with higher demand for gold tend to have higher prices.
How often does the gold price change?
Gold prices fluctuate daily, influenced by global market conditions, currency rates, and domestic demand.
Is it a good time to invest in gold now?
The right time to invest in gold depends on your investment horizon. If you’re looking for a long-term safe-haven asset, gold is generally considered a good investment.
How do I track the gold rate today?
You can track gold rates through various websites, apps, and financial news channels that provide daily updates on gold prices.
Conclusion
The gold price in India today reflects a steady upward trend, with 24 Carat gold priced at Rs 77,500 per 10 grams (Ex-GST). Whether you’re investing in gold ETFs, buying jewelry, or considering gold as a safe-haven asset, staying informed about the gold rate today is essential. By understanding the factors influencing gold prices and comparing them across major cities, you can make better decisions for your gold-related investments.
Source – https://stockmarketupdate2.wordpress.com/2025/01/04/introduction-gold-price-in-india-rs-77500-10-gram-ex-gst-24-carat-gold-price/
Written by 
Written by