Gold prices rose on January 13 on the occasion of Lohri, with rates higher across major Indian cities. In Delhi, 24-carat gold was priced at ₹1,42,310 per 10 grams, while 22-carat gold was quoted at ₹1,30,460 per 10 grams.
In Mumbai, 24-carat gold was trading at ₹1,42,160 per 10 grams and 22-carat gold at ₹1,30,310 per 10 grams. Similar levels were reported in Chennai and Kolkata, where 24-carat gold was priced at ₹1,42,160 per 10 grams and 22-carat gold at ₹1,30,310 per 10 grams.
In Pune and Bengaluru, gold prices remained broadly in line with other major markets. In both cities, 24-carat gold was quoted at ₹1,42,160 per 10 grams, while 22-carat gold was priced at ₹1,30,310 per 10 grams.
In Ahmedabad, 24-carat gold was priced at ₹1,42,210 per 10 grams and 22-carat gold at ₹1,30,360 per 10 grams. In Jaipur, Lucknow and Chandigarh, 24-carat gold reached ₹1,42,310 per 10 grams, while 22-carat gold was quoted at ₹1,30,460 per 10 grams. In Bhopal, 24-carat gold stood at ₹1,42,210 per 10 grams and 22-carat gold at ₹1,30,360 per 10 grams. In Hyderabad, 24-carat gold was priced at ₹1,42,160 per 10 grams and 22-carat gold at ₹1,30,310 per 10 grams.
Internationally, gold prices touched record highs, with spot gold reaching $4,601.69 per ounce. Prices have been supported by global uncertainty and increased demand for safe-haven assets. Geopolitical tensions and economic uncertainty have led investors to shift funds from equity markets to gold.
Gold prices in India are influenced not only by domestic demand but also by the US dollar index, international gold prices, crude oil prices and global developments.
Geopolitical developments have contributed to the rise in gold prices. Rising unrest in Iran and the continuation of the Russia-Ukraine war have increased investor concerns. US President Donald Trump announced a 25 percent tariff on countries doing business with Iran and indicated that the United States could consider military options following anti-government protests in Iran. These statements have contributed to heightened uncertainty in global markets.
