Gold and Silver Prices on January 23: Check Rates in Your City

The yellow metal, gold, after climbing to a multi-week high, witnessed profit booking on Thursday, January 23, 2025. Recently, gold prices surged due to uncertainty surrounding U.S. President Donald Trump’s trade policies.

U.S. President Donald Trump vowed to impose tariffs on the European Union and mentioned his administration was discussing a 10% punitive duty on Chinese imports. This decision was linked to allegations that fentanyl was being sent from China to the U.S. via Mexico and Canada.

In the international market, spot gold prices were trading lower by 0.20%, at $2,753.18 per ounce, as of 1:00 PM on January 23, 2025.

In India, gold prices saw a marginal decline across major metro cities. In Mumbai, 24-carat gold is priced at ₹7,974 per gram, while 22-carat gold costs ₹7,310 per gram. The 24-carat gold price stands at ₹79,740 per 10 grams, down by ₹60 as of 1:00 PM.

In Delhi, 22-carat gold is currently priced at ₹72,994 per 10 grams, and 24-carat gold is trading lower by ₹30 at ₹79,630 per 10 grams.

Gold Prices Across Major Indian Cities on January 23, 2025

Here is a detailed breakdown of gold prices as of January 23, 2025:

Silver Prices in India on January 23, 2025

Spot silver prices were trading lower by 0.71%, at $30.65 per ounce during the afternoon session on January 23, 2025.

Silver Prices Across Major Indian Cities

Key Takeaways

• Gold Prices: Both 22-carat and 24-carat gold witnessed profit booking across major Indian cities.
• Silver Prices: Spot silver prices corrected, trading lower during the afternoon session on January 23, 2025.

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