24K, 22K, 18K gold prices today soar as global tensions and US Fed probe drive record highs in Delhi, Mumbai, Chennai, Bengaluru, Pune & Kolkata.
24K, 22K, and 18K Gold Prices Today: Amid growing global tensions and worries over an investigation involving the US Federal Reserve and its chair, gold futures hit new highs on Monday in both domestic and foreign markets as investors looked for safe-haven assets.
Gold rates in India surged, according to traders, and the most recent increase was reflected in the prices of gold in Delhi and other major cities.
As February Futures Rise 1.8%, Gold Prices Reach a Record High on the MCX
Gold futures for February delivery on the Multi Commodity Exchange (MCX) surged Rs 2,431, or 1.8%, to reach a record high of Rs 1,41,250 per 10 kilos. Over the previous week, the yellow metal has increased by Rs 3,058, or 2.25 percent.
As investors flocked to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the US Federal Reserve, gold prices shot up to record highs on both domestic and international markets. The rally came after remarks made by Federal Reserve Chair Jerome Powell, who claimed that the Department of Justice had subpoenaed the central bank and threatened to prosecute him for his testimony in June regarding the Fed’s USD 2.5 billion office renovation project—a topic that President Donald Trump has strongly criticized.
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Gold Prices in India’s Major Cities on January 12
Today’s Gold Price in Delhi
As of right now, 24-karat gold (often referred to as 999 gold) costs Rs 14,230 per gramme, 22-karat gold costs Rs 13,045 per gramme, and 18-karat gold costs Rs 10,676.
Today’s Gold Price in Chennai
The current price of gold in Chennai is Rs 10,945 for 18-karat gold, Rs 13,120 for 22-karat gold, and Rs 14,313 for 24-karat gold (often referred to as 999 gold).
Today’s Gold Price in Bengaluru
The current price of gold in Bengaluru is Rs 10,661 for 18-karat gold, Rs 13,030 for 22-karat gold, and Rs 14,215 per gram for 24-karat gold, also referred to as 999 gold.
Today’s Gold Price in Mumbai
The current price of gold in Mumbai is Rs 10,661 for 18-karat gold, Rs 13,030 for 22-karat gold, and Rs 14,215 for 24-karat gold (often referred to as 999 gold).
Today’s Gold Price in Pune
The current price of gold in Pune is Rs 10,661 for 18-karat gold, Rs 13,030 for 22-karat gold, and Rs 14,215 for 24-karat gold (often referred to as 999 gold).
Today’s Gold Price in Kolkata
The current price of gold in Kolkata is Rs 10,661 for 18-karat gold, Rs 13,030 for 22-karat gold, and Rs 14,215 per gram for 24-karat gold, also referred to as 999 gold.