Gold Rate Today in India: January 10, 2026 - Prices Hold Near Record Highs Amid Global Uncertainty
Gold rate today in India remains firm on Friday, January 10, 2026, as the precious metal continues to trade near all-time highs despite minor fluctuations.
The yellow metal is being supported by sustained safe-haven demand, ongoing geopolitical tensions, and investor appetite for portfolio diversification as global markets navigate through economic uncertainty.
Today's Gold Rate in India - Quick Overview
| Gold Grade | Per Gram | Per 10 Gram |
|---|---|---|
| 24K Gold | ₹13,931 | ₹1,39,310 |
| 22K Gold | ₹12,770 | ₹1,27,700 |
| 18K Gold | ₹10,448 | ₹1,04,480 |
Note: These rates are indicative and do not include GST, TCS and other levies. Contact your local jeweller for exact pricing.
Gold Rate Today Across 15 Major Indian Cities
The gold rate today varies across different cities due to factors including local taxes, transportation costs, and regional demand patterns. Here's the complete breakdown of current prices:
| City | 24K Gold (per gram) | 22K Gold (per gram) | Change |
|---|---|---|---|
| Delhi | ₹13,636 | ₹12,501 | Stable |
| Mumbai | ₹13,621 | ₹12,486 | Stable |
| Kolkata | ₹13,621 | ₹12,486 | Stable |
| Chennai | ₹13,725 | ₹12,581 | Stable |
| Bangalore | ₹13,621 | ₹12,486 | Stable |
| Hyderabad | ₹13,621 | ₹12,486 | Stable |
| Pune | ₹13,621 | ₹12,486 | Stable |
| Ahmedabad | ₹13,636 | ₹12,501 | Stable |
| Jaipur | ₹13,636 | ₹12,501 | Stable |
| Lucknow | ₹13,636 | ₹12,501 | Stable |
| Chandigarh | ₹13,636 | ₹12,501 | Stable |
| Bhubaneswar | ₹13,621 | ₹12,486 | Stable |
| Patna | ₹13,636 | ₹12,501 | Stable |
| Coimbatore | ₹13,725 | ₹12,581 | Stable |
| Nagpur | ₹13,621 | ₹12,486 | Stable |
Rates updated as of January 10, 2026, 8:00 AM IST
Understanding Different Gold Purity Levels
When purchasing gold in India, understanding the difference between various karat ratings is essential for making informed investment decisions.
Gold rate today 24 carat represents the purest form of gold available in the market, with 99.9% purity. This grade is primarily used for investment purposes, including gold coins and bars. The 24-carat gold price stands at ₹13,931 per gram today, making it the most expensive option for buyers.
Gold rate today 22 carat contains 91.67% pure gold mixed with other metals for added strength, making it ideal for jewellery. Most traditional Indian jewellery is crafted using 22-carat gold. Currently trading at ₹12,770 per gram, this variant offers a balance between purity and durability.
Gold rate today 18 carat consists of 75% pure gold and is often preferred for modern, lightweight jewellery designs. At ₹10,448 per gram, it provides a more affordable option while maintaining good quality and appearance.
Why Are Gold Prices Holding Strong?
Several interconnected factors are keeping gold prices elevated in early 2026. Understanding these dynamics helps investors and buyers make better decisions about when to purchase or invest in the precious metal.
Geopolitical Tensions: Recent developments including rising tensions between the United States and Venezuela have reinforced gold's traditional role as a safe-haven asset. When geopolitical uncertainty increases, investors typically move their capital toward assets perceived as stable stores of value.
Central Bank Demand: Financial institutions worldwide continue to accumulate gold reserves despite elevated prices. The World Gold Council reports that central bank buying has remained robust, providing strong underlying support to global gold markets. This institutional demand creates a price floor that prevents significant downward movement.
Inflation Concerns: While inflation has moderated from its peaks, it remains above central bank targets in many economies. The most recent inflation report showed rates at 2.7%, still above the Federal Reserve's preferred 2% target. Gold traditionally serves as a hedge against inflation, protecting purchasing power when currency values erode.
Monetary Policy Expectations: Global interest rate policies continue to influence gold pricing. The Federal Reserve's stance on potential rate cuts affects investor sentiment toward non-yielding assets like gold. When interest rates fall or remain low, the opportunity cost of holding gold decreases, making it more attractive to investors.
Investment Diversification: With stock markets experiencing volatility and bond yields fluctuating, both individual and institutional investors are increasing their gold allocations as a portfolio diversification strategy. This trend has intensified in 2026 as economic uncertainty persists across major markets.
Expert Outlook for Gold in 2026
Market analysts remain constructive on gold's prospects for 2026, though expectations vary. Major investment banks project continued strong investor and central bank demand averaging around 585 tonnes per quarter, which should support prices throughout the year.
Some analysts forecast gold could climb toward $5,000 per ounce internationally if current favorable conditions persist. The combination of ongoing geopolitical risks, steady central bank purchases, and potential further monetary easing creates an environment where significant price appreciation remains possible.
However, gold's performance will largely depend on how global economic conditions evolve. A scenario of accelerating growth with controlled inflation could dampen gold's appeal, while economic slowdown or renewed crisis would likely drive prices higher.
Key Factors to Consider Before Buying Gold Today
For those planning to purchase gold, whether for investment or jewellery, several practical considerations should guide your decision:
Making Charges and GST: The quoted gold rate today doesn't include making charges for jewellery, which can add 8-25% to the final cost depending on design complexity. Additionally, 3% GST applies to all gold purchases, while jewellery attracts an extra 5% making charge GST.
Hallmarking: Ensure any gold jewellery purchase is BIS hallmarked, confirming its purity. This certification is mandatory for all gold jewellery sold in India and protects buyers from fraud.
Buy-Back Policies: Check the jeweller's buy-back policy before purchasing, as this affects the resale value. Some jewellers offer better terms for gold bought from their stores.
Investment vs Jewellery: Consider whether you're buying for investment or adornment. For pure investment purposes, gold coins, bars, or ETFs often prove more cost-effective than jewellery due to lower making charges.
Market Timing: While timing the market perfectly is impossible, tracking price trends over several days can help identify more favorable entry points for larger purchases.
How Gold Prices Are Determined in India
Gold rate today in India depends on multiple interconnected factors. International gold prices, quoted in US dollars per ounce on exchanges like COMEX, form the baseline. These prices are then converted to Indian rupees and adjusted to per-gram rates.
The rupee-dollar exchange rate significantly impacts domestic prices. When the rupee weakens against the dollar, gold becomes more expensive in India even if international prices remain stable. Conversely, a strengthening rupee can moderate price increases or amplify declines.
Import duties and taxes also play crucial roles. India imports approximately 70-80% of its gold requirements, making import duties a significant cost component. Local levies, including GST and state taxes, further influence the final retail price consumers pay.
Transportation costs and local demand-supply dynamics create price variations across cities. Cities with higher demand or those located farther from import hubs typically see marginally higher prices compared to major metros with direct access to wholesale markets.
Investment Options Beyond Physical Gold
While physical gold remains popular, modern investors have multiple avenues to gain gold exposure:
Gold ETFs: These exchange-traded funds track gold prices and can be bought/sold like stocks, offering liquidity without storage concerns.
Sovereign Gold Bonds: Government-issued bonds providing 2.5% annual interest plus capital appreciation linked to gold prices, with eight-year maturity.
Digital Gold: Allows purchasing gold in small denominations starting from Re 1, with the gold stored in secure vaults on your behalf.
Gold Mutual Funds: Funds that invest in gold ETFs or gold mining companies, providing indirect exposure to gold prices.
Each option has distinct advantages regarding liquidity, costs, storage, and returns, allowing investors to choose based on their specific requirements and investment horizon.
Conclusion
The gold rate today in India reflects a complex interplay of global economic factors, geopolitical developments, and local market dynamics. With prices holding near record levels, both investors and buyers face important decisions about timing their purchases.
Whether you're buying gold for upcoming weddings, festivals, or investment purposes, staying informed about daily price movements and understanding the factors driving these changes helps make better financial decisions. As always, consult with your local jeweller for exact pricing that includes all applicable charges and taxes.
Disclaimer: Gold prices are subject to market fluctuations and can change multiple times during the day. Always verify current rates with authorized dealers before making purchases.
