Gold Rate Today in India: Latest 24K, 22K, and 18K Prices Across Major Cities (9 January 2026)
Gold prices witnessed a decline today, with rates falling across major Indian cities. As of 9 January 2026, the precious metal continues to experience fluctuations influenced by global market dynamics and domestic demand. This comprehensive guide provides the latest gold rate today in India for 24 carat, 22 carat, and 18 carat gold across 15 major cities, helping you make informed buying decisions.
Today's Gold Rate in India - Quick Overview
| Gold Grade | Per Gram | Per 10 Gram |
|---|---|---|
| 24K Gold | ₹13,871 | ₹1,36,210 |
| 22K Gold | ₹12,715 | ₹1,24,860 |
| 18K Gold | ₹10,403 | ₹1,02,160 |
Note: These are approximate national average rates. Actual prices may vary by city and jeweler. Rates exclude GST, TCS, and making charges.
Gold Rate Today Across 15 Major Indian Cities
| City | 24K Gold (per gram) | 22K Gold (per gram) | Change |
|---|---|---|---|
| Mumbai | ₹13,871 | ₹12,715 | Stable |
| Delhi | ₹13,636 | ₹12,501 | Stable |
| Bangalore | ₹13,871 | ₹12,715 | Stable |
| Chennai | ₹13,725 | ₹12,581 | Stable |
| Kolkata | ₹13,871 | ₹12,715 | Stable |
| Hyderabad | ₹13,871 | ₹12,715 | Stable |
| Pune | ₹13,871 | ₹12,715 | Stable |
| Ahmedabad | ₹13,871 | ₹12,715 | Stable |
| Jaipur | ₹13,636 | ₹12,501 | Stable |
| Lucknow | ₹13,636 | ₹12,501 | Stable |
| Chandigarh | ₹13,636 | ₹12,501 | Stable |
| Patna | ₹13,871 | ₹12,715 | Stable |
| Bhubaneswar | ₹13,871 | ₹12,715 | Stable |
| Coimbatore | ₹13,725 | ₹12,581 | Stable |
| Kochi | ₹13,871 | ₹12,715 | Stable |
Rates updated as of 9 January 2026, morning. Prices are subject to change throughout the day based on market conditions.
Understanding Different Gold Purity Levels
Gold Rate Today 24 Carat
24K gold (999 pure gold) is priced at Rs 13,871 per gram across most major cities in India. This represents the purest form of gold available, containing 99.9% pure gold with virtually no alloy mixing. The gold rate today 24 carat is primarily used for investment purposes such as gold coins, bars, and sovereign gold bonds rather than jewelry manufacturing, as pure gold is too soft for intricate ornaments.
Gold Rate Today 22 Carat
22K gold, which contains 91.67% pure gold commonly used in jewelry, is priced at Rs 12,715 per gram. The gold rate today 22 carat represents the most popular choice for traditional Indian jewelry. This purity level strikes the perfect balance between gold content and durability, making it ideal for wedding jewelry, traditional ornaments, and daily-wear pieces.
Gold Rate Today 18 Carat
18 carat gold comprises 75% pure gold blended with 25% other metals like copper, silver, or zinc. The gold rate today 18 carat averages around ₹10,403 per gram nationwide. This variant offers enhanced durability and is commonly used in contemporary designer jewelry, especially for pieces with intricate designs that require additional strength.
Latest Gold Price Trends: Market Analysis for Today
Gold prices fell today, with the domestic futures market showing a decline to ₹1,35,773 per 10 grams according to the Indian Bullion and Jewellers Association (IBJA). According to Goodreturns data, gold dropped to ₹1,38,140 per 10 grams.
Why Gold Rates Declined Today
Several interconnected factors contributed to today's price movement:
International Market Pressure: In the international market, spot gold fell to $4,426.91 per ounce, reflecting global market corrections after recent highs. The precious metal experienced profit-booking by investors following sustained rally in previous sessions.
MCX Futures Movement: On the Multi Commodity Exchange (MCX), February gold futures fell to ₹1,37,113 per 10 grams, indicating near-term bearish sentiment among commodity traders and market participants.
Geopolitical Developments: Despite ongoing geopolitical tensions including the US-Venezuela conflict, gold witnessed temporary weakness as investors assessed the immediate impact of these events on global markets.
Dollar Strength: A stronger US dollar in international markets made gold more expensive for non-dollar buyers, dampening demand from major importing nations and contributing to the price correction.
Factors Affecting Gold Rates in India
- Import Duty and GST: The Indian government levies import duty and 3% GST on gold purchases, directly impacting retail prices across all cities
- Making Charges: Jewelers add making charges ranging from 8% to 25% depending on design complexity and craftsmanship involved
- Local Taxes: State-level value-added taxes and municipal levies create minor price variations between different cities
- Transportation Costs: Cities closer to import hubs like Mumbai and Chennai typically have marginally lower rates compared to inland locations
- Currency Fluctuations: The rupee-dollar exchange rate plays a crucial role, as India imports approximately 800-900 tonnes of gold annually
Investment Perspective: Should You Buy Gold Today?
Financial experts consistently recommend maintaining 10-15% of your investment portfolio in gold for optimal diversification and inflation protection. With today's price correction, this presents a potentially favorable entry point for long-term accumulation.
Alternative Gold Investment Options
- Sovereign Gold Bonds (SGBs): Government-backed securities offering 2.5% annual interest plus capital appreciation
- Gold ETFs: Exchange-traded funds providing liquidity without storage concerns
- Digital Gold: Fractional gold ownership starting from Re 1 with high-purity guarantee
- Gold Mutual Funds: Professionally managed portfolios of gold-related assets
For those planning jewelry purchases, monitoring daily price movements and buying during temporary dips could yield cost savings, especially for large purchases.
How to Check Real-Time Gold Rates
- Visit official websites of reputed jewelers like Tanishq, Malabar Gold, Kalyan Jewellers
- Check Multi Commodity Exchange (MCX) for standardized futures prices
- Use mobile applications from India Bullion and Jewellers Association (IBJA)
- Follow updates from local Sarafa associations in your city
- Verify current rates with at least 2-3 local jewelers before finalizing purchases
Understanding Making Charges and Additional Costs
When purchasing gold jewelry, the final price includes several components beyond the base gold rate:
- Base Gold Price: Current market rate multiplied by weight
- Making Charges: 8-25% of gold value depending on design
- GST: 3% on combined value of gold and making charges
- Wastage Charges: 5-15% for complex designs (often negotiable)
- Stone Charges: Additional costs for gems or diamonds embedded in jewelry
Always request itemized billing showing each component separately to ensure transparency in pricing.
Regional Price Variations Explained
Chennai and southern cities sometimes show slightly higher rates due to higher regional demand driven by cultural preferences for gold jewelry. Northern cities like Delhi and Chandigarh may have marginally higher prices due to increased transportation costs from coastal import hubs.
Mumbai and Kolkata, being major trading centers with direct access to import channels, often display competitive pricing. However, these variations typically remain within ₹50-100 per gram range.
Conclusion
The gold rate today in India shows relatively stable pricing with 24 carat gold at ₹13,871 per gram, 22 carat gold at ₹12,715 per gram, and 18 carat gold at approximately ₹10,403 per gram across major cities. While short-term corrections are natural in commodity markets, gold remains a cornerstone asset for wealth preservation and portfolio diversification.
Whether you're investing for the long term or purchasing jewelry for special occasions, always verify current rates with local jewelers, compare prices across multiple vendors, and understand all cost components before making your purchase decision.
Disclaimer: Gold prices are highly volatile and subject to multiple daily fluctuations. The rates mentioned are indicative and sourced from reputed jewelers and market associations. Actual prices may vary based on location, jeweler, purity verification, and time of purchase. Always confirm current rates and obtain hallmarking certificates before completing any gold transaction. Prices exclude GST, TCS, and making charges unless specified otherwise.
