Gold Price: Gold price decreased for the third consecutive day, you can buy it

Gold Prices Today:  Today, Wednesday, January 29, 2025, gold prices have fallen for the third consecutive day. This decline in gold prices is being seen before the presentation of the budget. However, there are expectations that the government may increase the import duty on gold in the upcoming budget, which was reduced in the last budget.

 
Gold rate todayss

Today, Wednesday 29 January 2025, gold has become cheaper for the third consecutive day. Gold is falling before the budget is presented. But it is expected that the government may increase the import duty in the budget, which was reduced in the last budget.

Today, Wednesday 29 January 2025, gold has become cheaper for the third consecutive day. Gold is falling before the budget is presented. But it is expected that the government may increase the import duty in the budget, which was reduced in the last budget. Today the price of gold has fallen by Rs 350. The price of gold has fallen due to the decrease in demand for gold.

24 carat and 22 carat gold price

The price of 24 carat gold was Rs 81,900 per 10 grams in major cities on Wednesday, January 29. Gold has come below Rs 82,000 after a long time. The price of 22 carat is around Rs 75,100. Last week, gold had reached near its record level, but since then gold has come down.

Gold Price in Delhi and Mumbai

In Delhi, 24 carat gold fell by about Rs 350 to Rs 82,070 per 10 grams, while 22 carat gold reached Rs 75,240. 24 carat gold is trading at Rs 81,920 per 10 grams, while 22 carat gold is trading at Rs 75,090 per 10 grams. Check out the gold prices in four major cities on January 29 here.

City Name      22 carat gold rate    24 carat gold rate
Kolkata        75,090        81,920
Mumbai        75,090        81,920
Chennai        75,090        81,920
Delhi        75,240        82,070

Change in silver prices on January 29

Silver will become cheaper on Wednesday, January 29. The price of silver has fallen by Rs 100. Now silver is Rs 96,300 per kg. Silver prices have fallen due to low domestic demand. The price of silver has fallen for the third day as well.

How is the value of gold determined?

The price of gold in India depends on many factors, such as the value of the rupee, taxes, international markets and import duty. Gold is a cultural, traditional and investment asset. Its prices increase, especially during weddings and festivals.