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  1. Gold and silver price on January 23: Precious metal near all-time high at ₹82,100 amid strong global cues

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Gold and silver price on January 23: Precious metal near all-time high at ₹82,100 amid strong global cues

Upstox

3 min read | Updated on January 23, 2025, 09:36 IST

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SUMMARY

Gold price today: In major Indian cities, the 24K gold increased by ₹10 to an all-time high of ₹82,100 per 10 grams. Silver prices declined by ₹100 to ₹96,400 per kg.

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Gold and Silver Price Today (January 23): Gold hovers near record high, silver prices ease by ₹100

Gold prices hovered near record-high levels in major Indian cities on Thursday, January 23, continuing the rise for the second straight day after a brief pause.

The precious metal surged to a three-month high in overnight trade on Wednesday, strengthening domestic prices. Gold prices soared by ₹860 to breach the record ₹82,000 per 10 grams level on Wednesday in line with firm global trends.

Uncertainty around trade policies on new US President Donald Trump and a mixed trend in US bond yields have bolstered gold bulls in the past few days.

In major Indian cities, the 24K gold edged up by ₹10 to an all-time high of ₹82,100 per 10 grams. Spot gold slipped from three-month highs to trade 0.11% down at $2,753 an ounce in early Asian trade.

Check the latest gold and silver prices across major cities today:

Gold Price Today in India (January 23, 2024)

In Delhi markets, 24K gold prices edged up by ₹10 to ₹82,250 per 10 grams and 22K gold at ₹75,410 per 10 grams. The 24K Gold in Mumbai gained ₹10 to ₹82,100 per 10 grams and 22K gold to ₹75,260 per 10 grams.

Below is a detailed breakdown of gold prices across key cities:

Gold Price Today in Major Cities:

City22K Gold (per 10gm)24K Gold (per 10gm)
Delhi₹75,410₹82,250
Mumbai₹75,260₹82,100
Chennai₹75,260₹82,100
Kolkata₹75,260₹82,100

Silver Price Today in India (January 23, 2025)

Silver prices declined by ₹100 to ₹96,400 per kg in major Indian cities on Thursday in line with global trends. Silver prices have moved in a tight range on expectations of improved supply and poor investment demand despite record pick up by industrial users like EV and solar product makers. Silver prices had edged up ₹100 to ₹96,500 on Wednesday.

Spot silver dropped by 0.43% to $30.68 an ounce in early Asian trade. The metal moved between $30.63 and $30.86 an ounce in early trade.

Silver Price Today in Major Cities:

CitySilver Price (per kg)
Delhi₹96,400
Mumbai₹96,400
Chennai₹1,03,900
Kolkata₹96,400

Comparison of Gold and Silver Prices This Week

Gold prices have raced to record high levels in major cities as the metal traded near three-month highs in global markets. Expectations of Fed rate cuts after positive US data have supported the metal.

Silver prices have traded in a range this week on improved global supplies and waning investment demand.

Here’s a comparison of gold and silver prices from earlier this week:

Date22K Gold (per 10g)24K Gold (per 10g)Silver Price (per kg)
Jan 23₹75,260₹82,100₹96,400
Jan 22₹75,250₹82,090₹96,500
Jan 21₹74,500₹81,230₹96,500
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
All Mumbai rates

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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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