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  1. Gold and silver price today: 24k gold rate around ₹78,700 in Mumbai; check prices in your city on January 7

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Gold and silver price today: 24k gold rate around ₹78,700 in Mumbai; check prices in your city on January 7

Upstox

3 min read | Updated on January 07, 2025, 10:43 IST

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SUMMARY

Some demand from jewellers supported the precious metal at its current level. In global markets, the metal moved in a tight range amid uncertainty over the tariff policy of the new Trump administration, which will take over on January 20.

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Gold and Silver Price Today (January 7): Gold, silver prices remain flat amid rebound in US dollar

Gold prices traded flat ₹78,700 per 10 grams in major Indian cities in early trade on Tuesday, January 7, amid a lack of fresh triggers amid a rebound in the US dollar.

Some demand from jewellers supported the precious metal at its current level. In global markets, the metal moved in a tight range amid uncertainty over the tariff policy of the new Trump administration, which will take over on January 20.

The US dollar recovered some ground in early trade after Donald Trump rejected media reports over paring back tariffs.

Spot gold rose by 0.11% to $2,638 an ounce in early Asian trade. The metal moved in a tight range of $2,633 an ounce to $2,641 an ounce.

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

Gold Price Today in India (January 7, 2024)

In Delhi markets, 24K gold prices remained unchanged at ₹78,850 per 10 grams and 22K gold at ₹72,290 per 10 grams. In Mumbai, 24K Gold traded at ₹78,700 per 10 grams and 22K gold at ₹72,140 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₹72,290₹78,850
Mumbai₹72,140₹78,700
Chennai₹72,140₹78,700
Kolkata₹72,140₹78,700

Silver Price Today in India (January 7, 2025)

Silver prices remained unchanged at ₹91,400 per kg in major Indian cities on Tuesday due to mixed cues. Firm global trends supported the metal while weak local demand restricted its gains.

Spot silver was up 0.24% to $30.01 an ounce in early Asian trade. The metal moved between $29.88 an ounce and $30.09 an ounce in early trade.

Silver Price Today in Major Cities:

CitySilver Price (per kg)
Delhi₹91,400
Mumbai₹91,400
Chennai₹98,900
Kolkata₹91,400

Comparison of Gold and Silver Prices This Week

Gold prices have moved in a tight range amid lack of fresh triggers and trade policy uncertainty ahead of the takeover of the Trump administration.

Silver prices also traded flat on mixed cues amid weak demand from industrial users.

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 7₹72,140₹78,700₹91,400
Jan 6₹72,140₹78,700₹91,400
Jan 4₹72,150₹78,710₹91,500
Jan 3₹71,810₹78,340₹90,400
Jan2₹71,510₹78,010₹90,400
Dec 31₹71,510₹78,010₹92,400
Dec 30₹71,340₹77,830₹92,500
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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