Market News
3 min read | Updated on January 21, 2025, 11:05 IST
SUMMARY
In major Indian cities, the 24K gold gained ₹10 to ₹81,240 per 10 grams. Silver prices declined by ₹100 to ₹96,400 per kg in the early trade due to poor offtake from industrial users and coin makers.
Gold and Silver Price Today (January 21): Gold advances for 2nd day on firm global trends
Gold prices advanced for the second day on Tuesday, January 21, in major Indian cities, led by domestic demand and the metal’s gains in global markets.
The US dollar dropped nearly 0.9% to 108 levels in early Asian trade, supporting the precious metal. The latest tariff threat by Donald Trump, sworn in as US President on Monday, capped gains.
In major Indian cities, 24K gold gained ₹10 to ₹81,240 per 10 grams. On Monday, the metal rose by ₹130 to ₹81,230 per 10 grams. Spot gold rose by 0.63% to $2,724 an ounce in early Asian trade.
In Delhi markets, 24K gold prices gained ₹10 to trade at ₹81,390 per 10 grams and 22K gold at ₹74,660 per 10 grams. The 24K Gold in Mumbai rose by ₹10 to ₹81,240 per 10 grams and 22K gold to ₹74,510 per 10 grams.
City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
---|---|---|
Delhi | ₹74,660 | ₹81,390 |
Mumbai | ₹74,510 | ₹81,240 |
Chennai | ₹74,510 | ₹81,240 |
Kolkata | ₹74,510 | ₹81,240 |
Silver prices declined by ₹100 to ₹96,400 per kg in the early trade due to poor offtake from industrial users and coin makers. Firm global cues, however, supported the metal and helped cap losses.
Spot silver rose by 0.34% to $30.64 an ounce in early Asian trade. The metal moved between $30.20 and $30.66 an ounce in early trade.
City | Silver Price (per kg) |
---|---|
Delhi | ₹96,400 |
Mumbai | ₹96,400 |
Chennai | ₹103,900 |
Kolkata | ₹96,400 |
Gold prices rose for the second day mainly due to a retreat in the US dollar after the inauguration of the Trump administration. Silver prices, on the other hand, traded in a range amid poor local demand.
Date | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver Price (per kg) |
---|---|---|---|
Jan 20 | ₹74,510 | ₹81,240 | ₹96,400 |
Jan 20 | ₹74,500 | ₹81,230 | ₹96,500 |
Jan 18 | ₹74,350 | ₹81,110 | ₹96,500 |
Jan 17 | ₹73,910 | ₹80,630 | ₹95,600 |
Jan 16 | ₹73,900 | ₹80,620 | ₹95,500 |
Jan 15 | ₹73,400 | ₹80,070 | ₹93,500 |
Jan 14 | ₹73,310 | ₹79,960 | ₹92,500 |
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