Gold and Silver Prices Fluctuate: Check Latest Rates for January 18, 2025. 22-karat gold is 91.6% pure; always verify hallmarking.
Gold-Silver Price: Gold and silver prices witnessed fluctuations on January 18, 2025. While the market is currently closed, the following rates are applicable.
Gold Prices (January 18, 2025)
Gold prices increased on Friday, with 24-karat gold reaching ₹79,239 per 10 grams. Silver prices reached ₹90,820 per kilogram. These rates remain in effect due to the market closure.
According to the India Bullion and Jewellers Association (IBJA), 22-karat gold is priced at ₹72,583 per 10 grams. 18-karat gold is priced at ₹59,429 per 10 grams.
City-wise Gold Prices (per 10 grams)
Gold prices vary across India. For example:
Mumbai: 22-karat gold - ₹73,910; 24-karat gold - ₹80,630.
Delhi: 22-karat gold - ₹74,060; 24-karat gold - ₹80,780.
Kolkata: 22-karat gold - ₹73,910; 24-karat gold - ₹80,630.
Chandigarh: 22-karat gold - ₹74,060; 24-karat gold - ₹80,780.
Decline in Gold Futures Prices
Gold futures prices declined due to weakening global indicators. On the Multi Commodity Exchange (MCX), the February 2025 gold contract traded at ₹78,984 per 10 grams, reflecting a decrease of ₹242.
Decline in Silver Futures Prices
Silver futures prices also saw a decline. The March contract on MCX was priced at ₹92,049 per kilogram, showing a decrease of ₹754.
Impact on the Global Market
Globally, gold and silver prices also fell. In New York, gold was priced at $2,713.30 per ounce and silver at $30.65 per ounce, representing a decline of 0.04% and 0.52%, respectively.
