Gold prices in India edged higher on Saturday, supported by firm buying in the domestic market and persistent safe-haven interest as global uncertainty remained elevated. The modest rise came even as international bullion trends showed mixed signals and the rupee continued to fluctuate through recent trading sessions. 

According to early-morning data from GoodReturns, the price of 24-carat gold increased by roughly ₹10, taking the rate for 10 grams to about ₹1,57,160. Silver also moved slightly higher, adding nearly ₹100 per kilogram to hover close to ₹3,40,100.

Current gold rates in India (January 24)

24K gold: ₹15,716 per gram

22K gold: ₹14,406 per gram

18K gold: ₹11,787 per gram

These modest shifts came as buyers continued to watch international signals and domestic economic conditions before committing to bullion purchases.

Gold rates across major cities

The national average for 24-carat gold (999 purity) was estimated at around ₹15,716 per gram. Prices in Mumbai and Kolkata were steady at nearly ₹1,57,160 for 10 grams, while Chennai maintained a premium at approximately ₹1,58,740. In Delhi, the same quantity was quoted at roughly ₹1,57,310. 

The 22-carat segment showed similar alignment across major hubs. Markets in Mumbai, Kolkata, Bengaluru and Hyderabad listed 10 grams at close to ₹1,44,060. Chennai again stood higher at around ₹1,45,510, with Delhi quoting approximately ₹1,44,210.

Check the gold prices for January 23, 2026.

Gold prices in major cities (January 24, 2026)

City24 K22 K18 K
Delhi₹15,731₹14,421₹11,802
Mumbai₹15,716₹14,406₹11,787
Chennai₹15,874₹14,551₹12,136
Kolkata₹15,716₹14,406₹11,787
Bengaluru₹15,716₹14,406₹11,787
Hyderabad₹15,716₹14,406₹11,787
Thiruvanathapuram₹15,716₹14,406₹11,787

Silver prices in India

Silver prices hovered near ₹340.10 per gram nationwide. Rates for one kilogram were broadly consistent at around ₹3,40,100 in Delhi, Mumbai and Kolkata. Chennai continued to trade above the national average, with levels near ₹3,45,100 per kilogram. Analysts noted that silver remains particularly vulnerable to shifts in global direction, with rupee movements often amplifying domestic price changes.

Factors influencing the market

Market analysts highlighted a blend of international and domestic influences shaping current trends in gold and silver:

  • Ongoing geopolitical tensions that have kept safe-haven demand strong.
  • Frequent swings in the rupee, affecting the cost of imported bullion.
  • Seasonal jewellery buying linked to weddings and festivals, propping up demand.
  • Market expectations around inflation and future rate moves from the Reserve Bank of India.

Advice for buyers and investors

Experts urged consumers to stay alert as intraday volatility remains frequent. They recommended purchasing only BIS-hallmarked jewellery, comparing rates among multiple retailers and insisting on detailed invoices specifying purity, weight and applicable charges. Tracking daily price updates, they added, is essential for anyone planning significant purchases.