The modest rise came even as the broader bullion market tracked mixed international cues and a fluctuating rupee.
Data compiled by GoodReturns showed that 24-carat gold gained ₹10 in early trade, taking the price for 10 grams to about ₹1,39,320. Silver, meanwhile, slipped lower, declining by roughly ₹100 per kilogram to around ₹2,48,900.
Below is a breakdown of how gold and silver moved across major Indian cities on 10 January.
Current gold rates in India (January 10)24K gold: ₹13,932 per gram
22K gold: ₹12,771 per gram
18K gold: ₹10,449 per gram
These modest shifts came as buyers continued to watch international signals and domestic economic conditions before committing to bullion purchases.
Gold rates across major citiesThe benchmark rate for 24-carat (999 purity) gold held near ₹13,932 per gram nationwide. For 10 grams, traders in Mumbai and Kolkata were quoting approximately ₹1,39,320, while Chennai reported a slightly higher level at about ₹1,39,650. In Delhi, the same quantity changed hands at roughly ₹1,39,470.
Prices for 22-carat gold showed a similarly tight range. Markets in Mumbai, Kolkata, Bengaluru and Hyderabad listed 10 grams around ₹1,27,710. Chennai posted a marginally higher rate of about ₹1,28,010, with Delhi quoting near ₹1,27,860.
Gold prices in major cities (January 10, 2026)
City |
24 K |
22 K |
18 K |
Delhi |
₹13,947 |
₹12,786 |
₹10,464 |
Mumbai |
₹13,932 |
₹12,771 |
₹10,449 |
Chennai |
₹13,965 |
₹12,801 |
₹10,681 |
Kolkata |
₹13,932 |
₹12,771 |
₹10,449 |
Bengaluru |
₹13,932 |
₹12,771 |
₹10,449 |
Hyderabad |
₹13,932 |
₹12,771 |
₹10,449 |
Kerala |
₹13,932 |
₹12,771 |
₹10,449 |
Silver prices in IndiaSilver prices retreated, trading at around ₹248.90 per gram across most regions. The metal was priced at nearly ₹2,48,900 per kilogram in Delhi, Mumbai and Kolkata. Chennai continued to command a premium, with rates hovering close to ₹2,67,900.
Analysts noted that domestic silver remains closely tethered to international trends, with rupee movement playing a major role in amplifying day-to-day volatility.
Factors influencing the marketMarket watchers pointed to a mix of global and local triggers shaping sentiment in the precious metals segment:
- Geopolitical tensions and global risk appetite, which remain key drivers of gold demand.
- Rupee fluctuations, with depreciation raising import costs and influencing domestic prices.
- Seasonal buying, particularly during wedding and festive periods, which underpins jewellery sales.
- Policy cues, including inflation outlook and interest-rate guidance from the Reserve Bank of India.
Advice for buyers and investorsExperts urged buyers to remain discerning amid frequent price swings. Common recommendations included:
- Opting for BIS-hallmarked jewellery to ensure purity.
- Comparing rates across multiple jewellers.
- Requesting clear invoices that specify weight, purity and pricing.
- Monitoring daily rate adjustments before making large purchases.