Gold Price Today (India)
Gold prices opened the first trading day of 2026 with mixed movements in India — some markets showed mild upticks while others saw slight corrections compared to the previous session. The precious metal continues to be influenced by global spot rates, currency trends and domestic demand.
According to national data on 1 January 2026, the approximate all-India retail gold price per gram (indicative) is:
24-carat gold: ~ ₹13,506 per gram
22-carat gold: ~ ₹12,380 per gram
18-carat gold: ~ ₹10,129 per gram
Prices have shown slight volatility due to global market dynamics at the start of the year.
Gold Prices Today in India
| City | 24K (₹/g) | 22K (₹/g) | 18K (₹/g) |
| Delhi | 13,521 | 12,395 | 10,144 |
| Chennai | 13,614 | 12,440 | 10,375 |
| Kolkata | 13,157 | 12,530 | (est.) |
| Mumbai | 13,506 | 12,380 | 10,129 |
Note: Prices may vary slightly among jewellers in each city.
City-wise Gold Rates Today
Delhi
In the capital city, gold prices on 1 January 2026 are approximately:
- 24K: ₹13,521 per gram
- 22K: ₹12,395 per gram
- 18K: ₹10,144 per gram
Compared to the previous day, Delhi saw marginal changes in prices as investors gauge market direction following year-end movements.
What this means: Delhi’s gold market remains active for both jewellery buyers and investors looking to start the year with safe-haven assets.
Chennai
In Chennai, gold rates today are:
- 24K: ₹13,614 per gram
- 22K: ₹12,440 per gram
- 18K: ₹10,375 per gram
Chennai’s gold prices are largely steady with slight downward movements compared to recent days, indicating slower local demand yet steady interest for jewellery purchases.
Kolkata
In Kolkata, city-specific prices on 1 January 2026 are:
- 24K: ₹13,157 per gram
- 22K: ₹12,530 per gram
Here, gold prices have shown a gentle dip compared to recent sessions — a trend that reflects slight profit-booking or reduced buying momentum near the New Year.
Why rates differ: Kolkata’s gold market is heavily influenced by import parity pricing and local jeweller margins, which can cause more pronounced intraday price differences.
Mumbai
In Mumbai — India’s financial hub — the gold price profile is:
- 24K: ~ ₹13,506 per gram
- 22K: ~ ₹12,380 per gram
- 18K: ~ ₹10,129 per gram
These figures align with pan-India trends, though some jewellers show modest variations depending on demand, stock levels and local tax/tcs costs.
Note: Alternative reports put Mumbai 24K prices around ₹13,588 and 22K around ₹12,455 per gram, depending on the jeweller source.
Trend Insights & Market Drivers
Annual Performance & Trend
Gold saw significant gains in 2025, with prices generally trending upwards due to safe-haven buying and global economic uncertainty.
Global & Domestic Factors
- International gold spot prices and COMEX levels continue to influence Indian local rates.
- Rupee-dollar fluctuations and import duties also affect pricing.
- Seasonal demand near festivities often boosts jewellery purchases, though early January is relatively neutral.
Silver Comparison
On the same day, silver prices saw mixed movements, with some markets recording slight declines or gains — a trend often correlated with industrial demand vs consumer buying.
What Buyers & Investors Should Know
For Jewellery Buyers:
- Compare 22K vs 24K prices city-wise. 22K is preferred for jewellery due to durability.
- Always check local jeweller quotes, as GST, making charges and TCS can affect the final bill.
For Investors:
- Gold is viewed as a hedge when equity markets are volatile.
- 2026 outlook remains mixed — while prices may stay elevated, experts warn volatility could persist.