New Delhi: Gold prices rose after the 2026 trading year opened on a robust footing for the precious metal on Thursday. On Friday, January 2, the gold rate in India stood at ₹13,620 per gram for 24-carat gold, ₹12,485 per gram for 22-carat gold, and ₹10,215 per gram for 18-carat gold (also known as 999 gold), as per GoodReturns.

Many investors view gold as a reliable and stable investment option, especially during times of economic uncertainty. Over the years, gold has remained a trusted hedge against inflation, making it a preferred choice for both investors and jewellery buyers.

The latest gold prices in India are updated daily and sourced from reputed jewellers across the country. The data provided here, based on Goodreturns, is for informational purposes only.

Analysts noted only minimal changes compared with yesterday’s rates, but bullion prices remain volatile due to various domestic and international factors.

Investors and buyers can check daily updates on gold and silver prices to make informed decisions in the market.

Gold prices in major cities (January 2, 2026)

City

24 K

22 K

18 K

Delhi

₹13,635

₹12,500

₹10,230

Mumbai

₹13,620

₹12,485

₹10,215

Chennai

₹13,724

₹12,580

₹10,490

Kolkata

₹13,620

₹12,485

₹10,215

Bengaluru

₹13,620

₹12,485

₹10,215

Hyderabad

₹13,620

₹12,485

₹10,215

Pune

₹13,620

₹12,485

₹10,215

Kerala

₹13,620

₹12,485

₹10,215

Silver price today in India (January 2, 2026)

The silver rate in India today also rose slightly to ₹242 per gram and ₹2,42,000 per kilogram, with slight variations across major cities. Current silver prices are primarily driven by movements in the international bullion market, where rates tend to fluctuate daily. Additionally, the Indian rupee’s exchange rate against the US dollar significantly impacts domestic pricing; a weaker rupee often results in higher silver prices in India, even when global rates remain steady.

Expert advice for gold buyers

Those planning to invest in gold jewellery, coins, or bars are advised to follow these expert recommendations:

  • Always check for BIS hallmark certification to ensure the gold’s purity and authenticity.
  • Compare gold rates across multiple jewellers before making a purchase.
  • Insist on a proper invoice and accurate weight documentation for every transaction.
  • Keep a close watch on daily gold price trends to capitalise on short-term price dips and market fluctuations.