Gold prices in India on January 24, 2026, have reached record highs, with 24K gold trading at approximately ₹1,58,620 per 10 grams, continuing the bullish trend seen earlier in 2026.
This surge reflects strong global demand for gold as a safe-haven asset amid geopolitical uncertainties, along with domestic pressures such as currency fluctuations.
Major trends include sharp daily fluctuations, with an overall upward trajectory driven by central bank purchases and investor interest, though some moderation could occur if dollar strength rebounds.
Gold prices in India on January 24, 2026
As of today, gold prices in India have strengthened further due to sustained safe-haven flows and inflation concerns. The cost of 24K gold is priced at ₹15,862 per 1 gram, while 22K gold is ₹14,540 per 1 gram and 18K gold at ₹11,897 per 1 gram.
Gold Rate Comparison: Last 7 Days (per gram)
|
Date |
24K Gold Price (₹ per gram) |
Change from Previous Day (₹) |
% Change (approx.) |
Key Notes / Trend |
|---|---|---|---|---|
|
24 January 2026 |
₹15,862 – ₹16,000 |
Flat to +₹138 |
0–0.9% |
Consolidation near highs |
|
23 January 2026 |
₹15,715 – ₹15,900 |
+₹284 – +₹185 |
+1.8–+1.2% |
Rebound to record territory |
|
22 January 2026 |
₹15,431 – ₹15,600 |
-₹229 – -₹300 |
-1.4–-1.9% |
Minor correction |
|
21 January 2026 |
₹15,660 – ₹15,800 |
+₹682 – +₹700 |
+4.4–+4.5% |
Strong rally |
|
20 January 2026 |
₹14,978 – ₹15,100 |
+₹354 – +₹300 |
+2.4–+2.1% |
Uptrend momentum |
|
19 January 2026 |
₹14,624 – ₹14,800 |
+₹246 – +₹200 |
+1.7–+1.4% |
Safe-haven demand |
|
18 January 2026 |
₹14,378 – ₹14,400 |
Baseline |
– |
Pre-surge steady levels |
Gold Rate Comparison: Last 7 Days (per 10 grams)
The following table shows the gold rates per 10 grams for 24K, 22K, and 18K gold over the last 7 days, based on averaged data from reliable sources. Prices have shown volatility but an overall increase of about 2-3% during this period, hitting fresh highs by January 24.
|
Date |
24K (₹) |
22K (₹) |
18K (₹) |
|---|---|---|---|
|
Jan 24, 2026 |
1,58,620 |
1,45,400 |
1,18,970 |
|
Jan 23, 2026 |
1,57,150 |
1,44,050 |
1,17,860 |
|
Jan 22, 2026 |
1,54,310 |
1,41,450 |
1,15,730 |
|
Jan 21, 2026 |
1,56,600 |
1,43,550 |
1,17,450 |
|
Jan 20, 2026 |
1,49,780 |
1,37,300 |
1,13,730 |
|
Jan 19, 2026 |
1,46,240 |
1,34,050 |
1,10,405 |
|
Jan 18, 2026 |
1,43,780 |
1,31,800 |
1,10,125 |
City-Wise Gold Rates - January 24, 2026 (per 10 grams)
Indicative gold rates per 10 grams on January 24, 2026, vary slightly across major cities due to local taxes, transportation costs, and demand dynamics. Chennai and Hyderabad often show marginally higher rates, while Mumbai and Delhi remain aligned with national averages. The table below provides rates for 24K, 22K, and 18K gold.
|
City |
24K (₹) |
22K (₹) |
18K (₹) |
|---|---|---|---|
|
Mumbai |
1,58,620 |
1,45,400 |
1,18,970 |
|
Delhi |
~1,58,700 |
~1,45,500 |
~1,19,020 |
|
Chennai |
1,59,490 |
1,46,200 |
1,21,900 |
|
Kolkata |
1,58,620 |
1,45,400 |
1,18,970 |
|
Bangalore |
~1,58,700 |
~1,45,410 |
~1,18,980 |
|
Hyderabad |
1,58,620 |
1,45,400 |
1,18,970 |
|
Ahmedabad |
~1,58,730 |
~1,45,500 |
~1,19,050 |
Why Gold Prices Increased in Recent Days
Gold prices have primarily increased due to a combination of international and domestic factors:
Gold prices in India have primarily increased in recent days, with occasional minor dips, due to a combination of international and domestic factors. Internationally, escalating geopolitical tensions such as ongoing conflicts and tariff threats have boosted gold's appeal as a safe-haven asset, driving global spot prices higher and influencing Indian markets.
Central banks worldwide, including those in emerging economies, have continued aggressive gold purchases to diversify reserves amid policy uncertainties, sustaining upward pressure on prices. Expectations of lower interest rates from major central banks like the US Federal Reserve have weakened the dollar, making gold more attractive to investors and contributing to the rally toward potential $5,000 per ounce globally by year-end.
On the currency front, the USD-INR exchange rate has played a key role: a depreciating rupee (due to trade imbalances and capital outflows) has made imported gold more expensive in local terms, amplifying price gains. Demand-supply dynamics have also favored increases, with strong investor demand through ETFs and physical buying in India, despite no major festivals in January; resilient safe-haven flows and seasonal investment patterns have tightened supply.
However, minor decreases on days like January 22 were linked to temporary dollar strengthening and subdued physical demand as prices hit records, cooling retail purchases in some regions. Other influences include persistent inflation pressures, which push long-term investors toward gold as a hedge, and broader economic slowdown fears that enhance its role in portfolios.
Minor day-to-day corrections were seen when global indices strengthened temporarily, but overall momentum kept prices near historic highs, pushing 24K gold above ₹1,58,000 per 10 grams.
Disclaimer
Gold prices mentioned in this article are based on publicly available market data and may vary by city, jeweller, and time of day. Rates for 22K and 24K gold on MCX and in major cities like Delhi, Mumbai, Hyderabad, Chennai and Bangalore are indicative only. Always confirm with your local jeweller or official price source before buying or selling.
