Chandigarh, January 2, 2025: Gold has become more expensive today, on the second day of the year. On January 2, 2025, the price of gold increased by ₹500. Compared to January 1, the price of gold rose by ₹500 on Thursday. In most cities across the country, the price of 24-carat gold is around ₹78,100. The price of 22-carat gold is approximately ₹71,600. Check the price of gold in your city…
On January 2, 2025, silver became cheaper. The price of one kilogram of silver is trading at ₹90,500, with no change in its value.
Outstanding Returns for Gold and Silver in 2024
Gold and silver delivered excellent returns to investors in 2024. On October 30, gold touched a record high of ₹82,400 per 10 grams, resulting in a 23% return in the domestic market. Currently, gold is trading at ₹79,350 per 10 grams in the spot market and ₹76,600 per 10 grams in the MCX futures market. Silver also saw a 30% return, with its price surpassing ₹1 lakh per kilogram. In the international market, gold rose by 28%, reaching $2,790 per ounce from $2,062.
2025 Gold and Silver Price Forecast
Experts predict that gold and silver prices may continue to show strength in 2025. Jatin Trivedi of LKP Securities believes that gold could reach ₹85,000 per 10 grams and silver could rise to ₹1.25 lakh per kilogram. However, if geopolitical crises are resolved or the US Federal Reserve cuts interest rates, these metals’ prices could be affected.
City-wise Gold Rates
- 22 Carat Gold Rate (₹):
- 24 Carat Gold Rate (₹):
Gold Rates in Various Cities (2nd January 2025)
- Delhi: 22K – ₹71,650 | 24K – ₹78,150
- Noida: 22K – ₹71,650 | 24K – ₹78,150
- Ghaziabad: 22K – ₹71,650 | 24K – ₹78,150
- Jaipur: 22K – ₹71,650 | 24K – ₹78,150
- Gurgaon: 22K – ₹71,650 | 24K – ₹78,150
- Mumbai: 22K – ₹71,500 | 24K – ₹78,000
- Kolkata: 22K – ₹71,500 | 24K – ₹78,000
- Patna: 22K – ₹71,550 | 24K – ₹78,050
- Ahmedabad: 22K – ₹71,550 | 24K – ₹78,050
- Bhubaneswar: 22K – ₹71,500 | 24K – ₹78,000
- Bengaluru: 22K – ₹71,500 | 24K – ₹78,000
Summary: Gold rates on 2nd January 2025: 22K ranges from ₹71,500 to ₹71,650, while 24K ranges from ₹78,000 to ₹78,150 across various cities.