Gold and Silver Prices on January 29, 2025: Check Rates in Your City

On Wednesday, January 29, 2025, gold prices remained flat ahead of the Federal Open Market Committee (FOMC) policy decision. The US Federal Reserve is set to announce its policy later in the day, and any rate cut could support gold prices.

In the international market, spot gold was trading with modest gains of 0.04% at $2,761.51 per ounce as of 11:50 AM on January 29, 2025.

Gold prices recorded a marginal uptick across major Indian metro cities on 29 January 2025. In Mumbai, 24-carat gold is priced at ₹8,057 per gram, while 22-carat gold now costs ₹7,386 per gram. The price of 24-carat gold per 10 grams stands at ₹80,570, up by ₹20 as of 11:50 AM.

In Delhi, the price of 22-carat gold is currently ₹73,728 per 10 grams, while 24-carat gold is trading up by ₹20 at ₹80,430 per 10 grams.

Gold Prices Across Major Indian Cities on January 29, 2025

Here is a detailed breakdown of gold prices as of January 29, 2025:

Silver Prices in India on January 29, 2025

Spot silver prices declined by 0.20% to $30.38 per ounce as of 11:59 AM on January 29, 2025.

Silver Prices Across Major Indian Cities

Key Takeaways

• Gold Prices: Both 22-carat and 24-carat gold traded in the green, with 24-carat gold remaining above the crucial ₹80,000 mark in major metro cities. The US Fed meeting outcome could dictate the short-term trend for gold.
• Silver Prices: Silver prices slipped into negative territory on January 29, 2025. 

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