Gold Rate Today in India: Complete Price Guide for January 20, 2026
Gold prices in India continue their upward momentum on January 20, 2026, with rates showing stability amid global economic uncertainty. Investors and buyers across the country are closely monitoring these price movements as the precious metal maintains its position as a preferred investment option.
Today's Gold Rate in India - Quick Overview
| Gold Grade | Per Gram | Per 10 Gram |
|---|---|---|
| 24K Gold | ₹14,378 | ₹1,43,780 |
| 22K Gold | ₹13,180 | ₹1,31,800 |
| 18K Gold | ₹10,784 | ₹1,07,840 |
Gold Rate Today Across 15 Major Indian Cities
Gold prices vary across different cities in India due to local taxes, transportation charges, and regional demand patterns. Here's a comprehensive breakdown of gold rates in major metropolitan areas:
| City | 24K Gold (per gram) | 22K Gold (per gram) | Change |
|---|---|---|---|
| Mumbai | ₹13,621 | ₹12,486 | Stable |
| Delhi | ₹13,636 | ₹12,501 | Stable |
| Bangalore | ₹14,378 | ₹13,180 | Stable |
| Chennai | ₹13,725 | ₹12,581 | Stable |
| Hyderabad | ₹14,378 | ₹13,180 | Stable |
| Kolkata | ₹13,621 | ₹12,486 | Stable |
| Pune | ₹14,378 | ₹13,180 | Stable |
| Ahmedabad | ₹14,393 | ₹13,194 | Stable |
| Jaipur | ₹13,636 | ₹12,501 | Stable |
| Lucknow | ₹13,636 | ₹12,501 | Stable |
| Chandigarh | ₹13,636 | ₹12,501 | Stable |
| Surat | ₹13,621 | ₹12,486 | Stable |
| Patna | ₹13,636 | ₹12,501 | Stable |
| Indore | ₹14,393 | ₹13,194 | Stable |
| Nagpur | ₹13,621 | ₹12,486 | Stable |
Note: These rates are indicative and do not include GST, TCS, and other levies. For exact rates, contact your local jeweller.
Understanding Different Gold Purities
Gold Rate Today 24 Carat
The gold rate today for 24 carat (99.9% purity) stands at ₹14,378 per gram, representing the purest form of gold available in the market. This grade is primarily used for investment purposes and gold coins.
Gold Rate Today 22 Carat
The 22 carat gold rate today is ₹13,180 per gram. This purity level contains 91.6% pure gold and is the most popular choice for jewellery manufacturing in India due to its optimal balance of purity and durability.
Gold Rate Today 18 Carat
At ₹10,784 per gram, 18 carat gold (75% purity) offers a more affordable option while maintaining sufficient gold content for quality jewellery pieces.
Latest Gold Market News and Trends
Price Movement Analysis
Gold prices in India have shown minimal fluctuation over the past week, with rates remaining relatively stable around the ₹13,621 to ₹14,378 per gram range for 24 carat gold. This stability comes after a remarkable surge throughout 2025.
Why Are Gold Prices Rising?
Several key factors are driving the current gold rate today in India:
Global Economic Uncertainty: Elevated geopolitical tensions, persistent policy uncertainty, and resilient safe-haven demand have driven the sustained uptrend in gold prices. International gold prices have already breached the $4,600 per ounce mark in early 2026.
Inflationary Pressures: Higher inflation typically boosts gold demand as investors seek to preserve value, making gold more attractive during periods of rising consumer prices.
Currency Fluctuations: The Indian rupee has depreciated against the US dollar, which has contributed to the rise in domestic gold prices. Since India imports most of its gold, currency movements directly impact local rates.
US Trade Policies: US President Donald Trump's threat to impose 20 percent trade tariffs on countries trading with Iran intensified safe-haven buying, as investors moved capital from volatile equity markets into precious metals.
Central Bank Demand: Central bank purchases are expected to reach around 755 tonnes in 2026, remaining elevated compared to pre-2022 averages of 400-500 tonnes, providing strong institutional support for gold prices.
Record Performance in 2025
Gold emerged as the clear winner against major stock indices in India in 2025, with prices soaring by 77% while the Nifty 50 index gained only 9.7%. This exceptional performance has reinforced gold's reputation as a reliable hedge during uncertain times.
Investment Demand Surge
Indian gold ETFs ended 2025 with net inflows reaching an all-time high of ₹116 billion in December, marking the eighth consecutive month of net additions. This demonstrates sustained investor appetite for gold-backed investment products.
Factors Affecting Gold Rate Today in India
Understanding what influences the gold rate today helps investors make informed decisions:
International Gold Prices: Global market rates on exchanges like COMEX directly impact Indian prices. Any movement in international markets reflects in domestic rates within hours.
Import Duties and Taxes: Government-imposed import duties and GST affect the final retail price. Current taxation policies include basic customs duty and applicable state taxes.
Demand-Supply Dynamics: Gold imports in India declined by over 20% in volume terms during 2025, largely reflecting higher gold prices, though the import bill remained broadly steady at $59 billion.
Festive and Wedding Seasons: Traditional buying during festivals like Diwali, Akshaya Tritiya, and the wedding season creates periodic demand spikes that influence prices.
Digital Gold Growth: Digital gold purchases via UPI increased nearly three-fold from ₹8 billion in January 2025 to ₹21 billion in December 2025, with an estimated 13.5 tonnes purchased over the year.
Investment Outlook for 2026
Market analysts maintain a cautiously optimistic outlook for gold in 2026. J.P. Morgan Global Research forecasts continued strong investor and central bank gold demand averaging around 585 tonnes quarterly, with prices expected to push toward $5,000 per ounce by the fourth quarter of 2026.
Experts suggest that gold will continue to serve as an effective portfolio diversifier and inflation hedge. The combination of geopolitical tensions, monetary policy uncertainties, and sustained institutional demand provides a supportive foundation for gold prices throughout the year.
Tips for Gold Buyers
Check Daily Rates: Gold prices fluctuate daily based on global market movements. Always verify current rates before making purchases.
Verify Purity: Ensure jewellery carries proper hallmark certification indicating purity levels. Look for BIS hallmarking on all gold purchases.
Compare Making Charges: Different jewellers charge varying making charges and wastage fees. Compare prices across multiple vendors.
Consider Investment Options: Beyond physical gold, explore alternatives like gold ETFs, sovereign gold bonds, and digital gold for investment purposes.
Time Your Purchase: While timing the market perfectly is difficult, monitoring trends and buying during price corrections can offer better value.
Conclusion
The gold rate today in India reflects a stable market environment following an exceptional year of growth. With 24 carat gold at ₹14,378 per gram, 22 carat at ₹13,180 per gram, and 18 carat at ₹10,784 per gram, prices remain elevated but steady. As global economic uncertainties persist and institutional demand remains robust, gold continues to demonstrate its enduring value as both a cultural symbol and strategic investment asset for Indian consumers and investors.
For the most accurate and up-to-date gold rates in your city, consult local jewellers and check official sources regularly. Remember that quoted prices typically exclude GST, making charges, and other applicable levies.
Disclaimer: Gold rates mentioned are indicative and sourced from reputable market sources. Actual prices may vary based on location, jeweller, and current market conditions. Always verify rates with authorized dealers before making purchase decisions.
