Gold prices in India on January 29, 2026, remain near record highs, with 24K rates edging a bit higher versus January 28 while overall trend stays bullish but choppy.
Gold prices in India on January 29, 2026, are hovering close to all-time highs, with 24K gold quoted around the ₹1.67 lakh per 10 grams mark in many markets, supported by firm international prices and resilient domestic buying interest.
Prices are slightly higher to broadly steady compared to the previous day, as underlying safe-haven demand, ongoing central bank purchases, and cautious risk sentiment offset intermittent profit-booking and minor pullbacks during intraday trade.
Major trends include consolidation at elevated levels, intraday volatility driven by swings in the US dollar and global bond yields, and a still-positive medium-term outlook, although any sharp rebound in the dollar index or jump in real yields could trigger short-lived corrections.
Gold prices in India on January 29, 2026
As of today, all-India indicative benchmarks show 24K gold priced at around ₹16,709 per 1 gram, while 22K gold is near ₹15,316 per 1 gram and 18K gold around ₹12,532 per 1 gram, reflecting a marginal uptick versus the previous session.
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This keeps the notional rate per 10 grams close to ₹1,67,090 for 24K, ₹1,53,160 for 22K, and roughly ₹1,25,320 for 18K, though actual retail quotes continue to vary slightly across cities, jewellers, and time of day.
Gold Rate Comparison: Last 7 Days (per gram)
|
Date |
24K Gold Price (₹ per gram) |
Change from Previous Day (₹) |
% Change (approx.) |
Key Notes / Trend |
|---|---|---|---|---|
|
29 January 2026 |
₹16,709 |
+₹1 |
~0.0% |
Holding near record highs |
|
28 January 2026 |
₹16,708 |
+₹513 |
+3.2% |
Sharp jump to new peak |
|
27 January 2026 |
₹16,195 |
₹0 |
0% |
Sideways consolidation near highs |
|
26 January 2026 |
₹16,195 |
+₹169 |
+1.1% |
Steady at elevated levels |
|
25 January 2026 |
₹16,026 |
₹0 |
0% |
Pause after recent gains |
|
24 January 2026 |
₹16,026 |
+₹311 |
+2.0% |
Consolidation near highs |
|
23 January 2026 |
₹15,715 |
+₹284 |
+1.8% |
Rebound to record territory |
|
22 January 2026 |
₹15,431 |
-₹229 |
-1.5% |
Minor correction |
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 this week have remained volatile but broadly upward, with roughly 8–9% gains from the January 22 low to the fresh peaks being tested by January 29.
|
Date |
24K (₹) |
22K (₹) |
18K (₹) |
|---|---|---|---|
|
Jan 29, 2026 |
1,67,090 |
1,53,160 |
1,25,320 |
|
Jan 28, 2026 |
1,67,080 |
1,53,150 |
1,25,310 |
|
Jan 27, 2026 |
1,61,950 |
1,48,450 |
1,21,320 |
|
Jan 26, 2026 |
1,61,950 |
1,48,450 |
1,21,320 |
|
Jan 25, 2026 |
1,60,260 |
1,46,900 |
1,20,260 |
|
Jan 24, 2026 |
1,60,260 |
1,46,900 |
1,20,260 |
|
Jan 23, 2026 |
1,57,150 |
1,44,050 |
1,17,860 |
|
Jan 22, 2026 |
1,54,310 |
1,41,450 |
1,15,730 |
City-Wise Gold Rates - January 29, 2026 (per 10 grams)
Indicative gold rates per 10 grams on January 29, 2026, continue to show mild dispersion across major cities due to local levies, logistics, and retail margins, with southern centres like Chennai and Hyderabad still tending to command a modest premium over Mumbai and Delhi.
|
City |
24K (₹) |
22K (₹) |
18K (₹) |
|---|---|---|---|
|
Mumbai |
~1,67,090 |
~1,53,160 |
~1,25,320 |
|
Delhi |
~1,67,240 |
~1,53,310 |
~1,25,470 |
|
Chennai |
~1,70,300 |
~1,56,110 |
~1,30,260 |
|
Kolkata |
~1,67,090 |
~1,53,160 |
~1,25,320 |
|
Bangalore |
~1,67,090 |
~1,53,160 |
~1,25,320 |
|
Hyderabad |
~1,67,090 |
~1,53,160 |
~1,25,320 |
|
Ahmedabad |
~1,67,140 |
~1,53,210 |
~1,25,370 |
Why Gold Prices Increased in Recent Days
Gold prices have primarily increased due to a combination of firm global bullion benchmarks, persistent central bank buying, and a softer bias in real interest rates that keeps the opportunity cost of holding gold contained.
Gold prices in India have climbed further over the past few sessions, with only shallow intraday dips, as global spot and futures prices stay elevated amid geopolitical tensions, recession worries, and portfolio hedging demand that keeps safe-haven appetite intact.
Central banks across several advanced and emerging economies continue to accumulate gold as a strategic reserve asset, reinforcing the structural uptrend and cushioning downside corrections, while expectations of eventual rate cuts from major central banks help cap real yields and support bullion.
On the currency side, bouts of rupee weakness versus the US dollar have magnified imported gold costs in India, pushing local prices higher than global moves alone would suggest, even as urban jewellery, wedding-related demand, and investment buying remain reasonably steady at higher levels.
Short-term dips during the recent rally have largely coincided with phases of dollar strength, firmer equity markets, and profit-taking after sharp upmoves, but concerns around inflation, global growth, and market volatility continue to underpin sentiment, keeping 24K prices anchored close to historic highs in the ₹1.66–₹1.67 lakh per 10 grams band.
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 reconfirm with your local jeweller, exchange, or official price source before making any buy or sell decision.
