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SBC Gold Rate: January 16, 2024 marked a slight incline in gold prices which stood today at 22ct = Rs 73900 For 10 gms and 24ct = Rs 80620 For 10 gms. The gold price difference in a span of a week for 24ct gold was reported to be flat at 1.08% whereas the difference in a month maintained 2.58%.
International and domestic factors can alter the price of gold drastically including, interest rates, currency rates, policies and even the global demand of the commodity.
For a brief recap of the prior day – The cost of 22ct gold was situated around 73400 for 10 gms, 24ct charged 80070, alongside 18ct that was pegged at 60470.
Simultaneously for silver the price stood at 26% lower than that of gold set at 96700 per kg.
Pricing Rates Of Gold In India’s Certain Most Developed Cities:
The shift in gold rates in January for various cities across India is:
| City | 22-Karat | 24-Karat |
| Delhi | Rs 7,405 | Rs 8,077 |
| Noida | Rs 7,405 | Rs 8,077 |
| Chennai | Rs 7,390 | Rs 8,062 |
| Bangalore | Rs 7,390 | Rs 8,062 |
| Mumbai | Rs 7,390 | Rs 8,062 |
| Hyderabad | Rs 7,390 | Rs 8,062 |
| Kolkata | Rs 7,390 | Rs 8,062 |
| Ahmedabad | Rs 7,395 | Rs 8,067 |
| Patna | Rs 7,395 | Rs 8,067 |
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