By Admin 
Gold Price Today: There was a slight decline in gold prices last month, but with the beginning of the year it has once again increased. The increasing tension between America and Venezuela has increased uncertainty in the global markets, which has had a direct impact on the demand for gold. In such a situation, investors are staying away from risky assets like stock market and turning towards safe investments like gold. For this reason, a rise in gold prices is being seen in the international and domestic markets.
Gold price increased again
After falling prices in India on Thursday and Friday last week, gold prices strengthened on Saturday and this rise became more pronounced on Monday, January 19. Today, 24 carat gold in the country rose by Rs 1,910 to Rs 1,45,690 per 10 grams, while 22 carat gold rose by Rs 1,750 and is trading at Rs 1,33,550 per 10 grams. At the same time, the price of 18 carat gold has also increased by Rs 1,430 to Rs 1,09,270 per 10 grams.
Talking about cities, in the national capital Delhi, 24 carat gold is being sold at the price of Rs 1,45,840 per 10 grams, while the price of 22 carat gold is Rs 1,33,700 and the price of 18 carat gold is Rs 1,09,420. In big cities like Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala and Pune, 24 carat gold is available at Rs 1,45,690, 22 carat gold at Rs 1,33,550 and 18 carat gold at Rs 1,09,270 per 10 grams. Gold remains the most expensive in Chennai, where 24 carat gold is trading at Rs 1,46,730, 22 carat gold at Rs 1,34,500 and 18 carat gold at Rs 1,12,300 per 10 grams.
How is the rate decided?
There are many important reasons behind determining the prices of gold. Whenever situations like war, political tension or economic crisis arise at the global level, the demand for gold increases. Apart from this, the position of the rupee against the dollar, possible cut in US interest rates, inflation level and increasing demand during weddings and festival seasons in India also affect the price of gold. In the current situation, due to global uncertainty, gold prices are expected to remain strong in the future.