Gold Price Today: Understanding the Data & Why It’s Crucial for Investors

NiftyTrader • January 3, 2025

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Gold is more than just a shiny commodity. It’s a powerful tool for investors, often acting as a hedge against inflation, a store of value, and a stabilizing force in turbulent markets. Keeping a close eye on gold prices can help you make smarter investment choices, whether you’re new to the market or a seasoned investor. Today, we’ll break down the gold price data, explain why it matters, and explore how it can benefit you.

As of January 3, 2025, here’s how gold is priced:

24 Carat Gold Rate:

1 Gram: ₹7,747 (Up by ₹39 or 0.51%)
10 Grams: ₹77,470 (Up by ₹390 or 0.51%)
100 Grams: ₹7,74,700 (Up by ₹3,900 or 0.51%)
1 kg: ₹77,47,000 (Up by ₹39,000 or 0.51%)

Investors visit Niftytrader.in to view the gold price today because it offers real-time, precise updates that help investors make well-informed decisions in the market.

💰 24-Carat Gold Rate
As of 03 January 2025, at 13:40, the price for 1 gram of 24-carat gold is ₹7,747, showing an increase of ₹39 (0.51%). This data is crucial for those who trade in small amounts or want to track short-term price changes.

📦 Gold Price for 10 Grams
The price for 10 grams of 24-carat gold is ₹77,470, reflecting a rise of ₹390 (0.51%). This provides a snapshot for investors who buy or sell in larger quantities and are focused on slightly bigger investments.

🔢 Gold Price for 100 Grams
For those interested in bulk purchases or investments, the 100-gram price is ₹7,74,700, with a ₹3,900 increase (0.51%). It’s essential for investors monitoring medium-to-large scale gold trading.

🏆 Gold Price for 1 Kilogram
The 1 kg gold price is ₹77,47,000, showing an increase of ₹39,000 (0.51%). This is ideal for investors in the premium gold market, allowing them to make strategic moves based on substantial market shifts.

This detailed and up-to-date gold price information makes Niftytrader.in the go-to platform for gold investors looking to stay ahead of market trends and optimize their investment strategies.

Breaking Down the Data & Why It’s Useful to Investors

1 Gram of Gold: ₹7,747 (Up by ₹39)

📉 Investor Insight: The 1-gram price is crucial for small-scale investors who may not have large amounts of capital to invest. This small increase of ₹39 per gram signals a steady and consistent upward movement in the market.

💡 Why it’s useful: For new investors or those looking to accumulate gold slowly, the slight rise in price could present an opportunity to buy small amounts over time. This approach is effective for individuals with limited investment budgets.

Example: If you invest ₹7,747 today for 1 gram of gold, and the price continues to rise by similar increments over the coming months, your gold could grow in value even though you’re only making small, regular purchases.

10 Grams of Gold: ₹77,470 (Up by ₹390)

📊 Investor Insight: 10-gram investments are ideal for individuals or small businesses looking for more significant holdings without going for the bulkier 100-gram or 1-kg options. The ₹390 increase is reflective of market optimism, indicating higher demand in the market.

💡 Why it’s useful: This category strikes a balance between affordability and growth potential. A rise of ₹390 per 10 grams can yield a solid return if the trend continues, especially for investors with mid-range capital.

Example: If you’re an investor looking to diversify your assets, purchasing 10 grams of gold today at ₹77,470 can provide you with a modest capital gain if the price continues to rise, such as ₹390 more in the next few days.

100 Grams of Gold: ₹7,74,700 (Up by ₹3,900)

💰 Investor Insight: Larger-scale investors, such as institutions or individuals with significant capital, may find the 100-gram option more appealing. The rise of ₹3,900 suggests increased market confidence and potential institutional buying.

💡 Why it’s useful: Buying in bulk often comes with lower premiums, and this rise indicates that there is growing demand for larger quantities of gold. If you’re looking for an asset that can appreciate and act as a hedge against inflation, 100 grams could be a strategic buy.

Example: If you purchase 100 grams of gold today at ₹7,74,700, and the price continues to rise at this pace, your total investment could grow by ₹3,900 or more per 100 grams in the coming weeks, representing a solid capital appreciation.

1 kg of Gold: ₹77,47,000 (Up by ₹39,000)

🏢 Investor Insight: For high-net-worth individuals (HNWIs) and institutions, the 1 kg investment is a preferred option. A rise of ₹39,000 per kilogram reflects a significant increase in the price of gold, which is often driven by both global economic conditions and investor sentiment.

💡 Why it’s useful: If you’re looking to make a long-term investment or purchase gold for storage as a form of wealth preservation, this weight category is perfect. As the largest increase in absolute value, this could indicate higher demand in the institutional market.

Example: If you decide to buy 1 kg of gold for ₹77,47,000 and the price rises by ₹39,000, you’re looking at a substantial profit on your investment. This type of move is ideal for investors looking to hedge against economic instability.

Here is the bar chart representing the gold prices and their respective price increases as of January 3, 2025. The gold prices are depicted in gold-colored bars, while the price increases are shown in dark orange.

This visual helps you easily compare the prices across different gold weights (from 1 gram to 1 kg) and observe how much the price has increased for each category. This data is valuable for investors to assess trends and make informed decisions based on the current market movements.

How the Gold Price Movements Help Investors

Gold serves multiple roles in the investment world. Here’s how these price movements affect different types of investors:

1. Inflation Hedge 📉

When inflation rises, the real value of currency declines, making gold a popular choice for wealth preservation. For instance, if inflation rises in the coming months, gold’s 0.51% increase might reflect a growing interest in protecting against inflation.

2. Safe Haven in Uncertainty ⚠️

In times of geopolitical tension or market volatility, investors flock to gold. If a global crisis were to unfold, the slight rise today could signal that gold prices are likely to continue increasing, providing a safe asset to safeguard against market dips.

3. Long-Term Growth 📈

For long-term investors, gold is a stable asset that can appreciate over time. As the gold price continues to rise, investors who hold larger amounts (like 100 grams or 1 kg) stand to benefit the most from continued price increases, especially if the global financial outlook remains uncertain.

4. Short-Term Trading Opportunities 💼

For day traders or short-term investors, the steady price movement of 0.51% today might be a signal to capitalize on small price fluctuations. By keeping a close eye on such movements, traders can buy or sell at optimal times, maximizing profits.

🏙️ City-wise Gold Rates
In Ahmedabad, Bangalore, Bhopal, and others, the 10-gram rate for 24-carat gold is ₹79,250, while the 100-gram rate stands at ₹7,92,500. Cities like Amritsar, Chandigarh, and Delhi have a slight premium, with 10-gram rates at ₹79,350 and 100-gram rates at ₹7,93,500.

💰 Consistent Gold Pricing
Most cities show a uniform trend, with prices for 10 grams of 24-carat gold hovering between ₹79,200 to ₹79,350, and 100-gram rates ranging from ₹7,92,000 to ₹7,93,500. This consistency helps investors track the market across different regions.

📍 Key Cities
Notable cities like Mumbai, Kolkata, Pune, and Visakhapatnam show 10-gram rates of ₹79,200 and 100-gram rates of ₹7,92,000. Meanwhile, Nashik and Patna show slightly different rates for 10 grams at ₹79,230 and ₹79,250, respectively.

This regional price comparison enables investors to identify opportunities in different cities and make informed decisions based on local trends.

Conclusion: How You Can Benefit from Today’s Gold Price Data

Whether you’re just starting in gold investing or looking to add to your existing holdings, understanding the price movement and the data behind it is essential. The current rise of 0.51% in the gold price could be a signal to buy low and hold for potential growth, or sell if you’re looking to capitalize on short-term gains.

From 1 gram to 1 kg, gold is an asset that has continued to withstand the tests of time. It’s one of the most reliable ways to protect and grow your wealth. Stay informed about these price fluctuations, and use tools like NiftyTrader to make smarter decisions about your investments.

By following the current gold price trends and analyzing their impact on your portfolio, you can position yourself to take advantage of the next big movement in this precious metal.

Silver Price Today (Daily Update)
As of 03 January 2025 at 14:00, silver has seen a steady increase, offering investors valuable insights into the market’s daily movements.

🪙 1 Gram Price
The price for 1 gram of silver is ₹87.7, reflecting a daily increase of ₹0.5 (0.57%). For small-scale investors or those looking to make quick transactions, this slight uptick is important as it signifies ongoing stability in the silver market on a day-to-day basis.

📦 10 Gram Price
For 10 grams, the price is ₹877, showing an increase of ₹5 (0.57%). This daily price adjustment is critical for investors dealing with moderate amounts of silver and can help them decide when to buy or sell based on short-term market movements.

🔢 100 Gram Price
When purchasing 100 grams of silver, the price stands at ₹8,770, reflecting a ₹50 rise (0.57%) from the previous day. This consistent increase indicates a healthy demand for silver in medium-range investments, allowing investors to keep track of price trends for bulk purchases.

🏆 1 Kilogram Price
For those investing in 1 kilogram of silver, the price has risen to ₹87,700, marking a ₹500 increase (0.57%). This price change can impact large-scale investors and those looking to make bigger moves in the market, helping them monitor larger price shifts effectively.

📈 Understanding Daily Price Fluctuations
These daily increases across various quantities signify a stable market environment, offering both short-term opportunities and long-term security. For silver investors, tracking these price movements on a daily basis is essential to making informed decisions, whether for trading or holding in the long run.

By following these regular updates, investors can optimize their strategies, ensuring they stay ahead in the evolving silver market.