Gold prices fell from their record-high levels in early trade on Friday, January 24, following an overnight decline in global markets.

24-carat gold, 22-carat gold in India

On Friday, the price of 24-carat gold in major Indian cities is Rs 82,080 per 10 grams, while 22-carat gold is priced at Rs 75,240 per 10 grams. Gold prices remained stable at record levels on the previous day.

Spot gold rebounded after Thursday night's decline, rising 0.74% to $2,775 an ounce in early Asian trade.

Gold Price in India Today (January 24, 2025)

The price of 24-carat gold in Delhi fell by Rs 10 to Rs 82,240 per 10 grams, while the price of 22-carat gold stood at Rs 75,390 per 10 grams. The price of 24-carat gold in Mumbai fell by Rs 10 to Rs 82,080 per 10 grams and the price of 22-carat gold stood at Rs 75,240 per 10 grams.

Here is a detailed breakdown of gold prices in major cities:

What factors affect gold prices in India?

International market rates, import duties, taxes and fluctuations in exchange rates mainly affect gold prices in India. Together, these factors determine the daily gold rates across the country.