Gold Rate Today (6 January 2025); What is the price of gold and silver today? Business News | Gold became cheaper by ₹ 343, reached ₹ 77,161 per 10 grams: Silver price increased by ₹ 1031, reached ₹ 89,152 per kg.

This year the price of gold has increased by Rs 578.

A decline was seen in the prices of gold on Monday (January 6). According to India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold has fallen by Rs 343 to Rs 77,161. On Friday its price was Rs 77,504 per ten grams.

At the same time, the price of one kg silver has increased by Rs 1031 to Rs 89,152 per kg. Earlier on Friday, the price of silver was Rs 88,121 per kg. Gold had made an all-time high of Rs 79,681 per 10 grams on October 30 last year. At the same time, silver had reached Rs 99,151 per kg on 23 October 2024.

Gold price in 4 metros and Bhopal

Gold gave 20% return and Silver 17% return in 2024. Last year the price of gold increased by 20.22%. At the same time, the price of silver increased by 17.19%. On January 1, 2024, gold was at Rs 76,583 per 10 grams, which reached Rs 76,948 per 10 grams on December 31, 2024. During this period, the price of one kg silver increased from Rs 73,395 per kg to Rs 86,017 per kg.

Pressure on gold due to cut in interest rates According to Currency Head Anuj Gupta, recently the US Central Bank Federal Reserve has cut interest rates by 25 basis points (0.25%). Due to this cut, there is pressure on gold and silver for the last few days.

However, gold and silver may again see a rise in the coming days. In the next one year i.e. 2025, gold can go up to Rs 82 thousand per 10 grams. At the same time, silver can also reach Rs 95 thousand per kg.

Keep these 2 things in mind while buying gold

1. Buy only certified gold Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). Under the new rule, gold will not be sold without six-digit alphanumeric hallmarking from April 1. Just as there is a 12 digit code on the Aadhaar card, similarly gold will have a 6 digit hallmark code. This is called Hallmark Unique Identification Number i.e. HUID.

This number can be alphanumeric i.e. something like this – AZ4524. Through hallmarking it has become possible to find out how many carats of gold is.

2. Cross check the price Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (such as the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat.

24 carat gold is considered to be the purest gold, but jewelery is not made from it because it is very soft. Generally 22 carat or less gold is used for jewellery.