Gold Price Today (22 January 2025); What is the price of gold and silver today? Business News | Gold crosses ₹ 80 thousand for the first time: Price of 10 grams becomes ₹ 80,142, can reach ₹ 85 thousand by June

Gold has reached its all-time high today i.e. on 22 January. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 689 to Rs 80,142. Earlier on Tuesday, its price was Rs 79,453 per ten grams. Gold had made an all-time high of Rs 79,681 per 10 grams on October 30 last year.

At the same time, the price of silver is also rising today. It has increased by Rs 1,048 to Rs 90,930 per kg. Earlier, silver was at Rs 90,533. Silver made its all-time high on October 23, 2024, when it reached Rs 99,151 per kg.

Gold price in 4 metros and Bhopal

5 main reasons for gold price

Gold gave 20% return and Silver 17% return in 2024. Last year the price of gold increased by 20.22%. At the same time, the price of silver increased by 17.19%. On January 1, 2024, gold was at Rs 63,352 per 10 grams, which reached Rs 76,162 per 10 grams on December 31, 2024. During this period, the price of one kg silver increased from Rs 73,395 per kg to Rs 86,017 per kg.

Gold can go up to Rs 85 thousand by June Ajay Kedia, Director of Kedia Advisory, says that gold was supposed to fall after a big rally, it has already arrived. After America, UK has cut interest rates. This will increase purchases of gold ETFs. In such a situation, by June 30 this year, gold can reach Rs 85 thousand per 10 grams.