Gold Prices Surge on January 10: Check 24K & 22K Rates in Your City

• Gold prices rose on January 10 due to global economic and political uncertainties.
• In Mumbai, 24-carat gold reached Rs 1,39,320 per 10 grams, and 22K gold was Rs 1,27,710 per 10 grams.
• Indian domestic gold prices climbed 77% this year, outperforming the Nifty 50 index's 9.7% gain.
• Factors like international market rates, import duties, taxes, and exchange rates influence gold prices in India.
• Strong demand for safe-haven assets, US interest rate cuts, and a weaker dollar drove global gold prices up 67%.

Why It Matters: Gold prices surged on January 10 across India, driven by global uncertainties and strong demand.