Gold prices continued their weekly uptrend in India, rising ₹3,320 for 24-carat gold, while silver witnessed a sharp surge of ₹35,000 per kilogram. Strong global cues, easing inflation data, and expectations of interest rate cuts boosted demand for safe-haven assets.
Gold Extends Weekly Gains as Silver Records Sharp Rise
New Delhi: Gold prices in India have seen a strong weekly increase. Over the past week, 24-carat gold has gained ₹3,320, while 22-carat gold has gained ₹3,050. On January 18, the price of 24-carat gold in the national capital Delhi reached ₹1,43,930 per 10 grams, while 22-carat gold is trading at ₹1,31,950 per 10 grams.
Gold prices remain strong in the international market as well. The global spot price of gold is recorded at $4,603.51 per ounce. Experts believe that weak US inflation data has raised expectations of an interest rate cut by the Federal Reserve. If interest rates are cut, demand for safe-haven investments like gold and silver could increase further.
Gold prices fall for second straight day, Silver also declines; Check rates here
Gold prices remain roughly the same across major cities across the country. In Mumbai, Chennai, and Kolkata, 24-carat gold is priced at ₹1,43,780 per 10 grams, while 22-carat gold is available at ₹1,31,800 per 10 grams. Similar rates have been recorded in Pune and Bengaluru.
In other cities, 24-carat gold is priced at ₹1,43,830 and 22-carat gold at ₹1,31,850 per 10 grams in Ahmedabad and Bhopal. 24-carat gold is priced at ₹1,43,930 per 10 grams in Jaipur, Lucknow, and Chandigarh.
Along with gold, silver prices have also seen a significant increase. Silver has become more expensive by ₹35,000 per kg in the past week. On the morning of January 18th, silver prices reached ₹295,000 per kilogram in the domestic market. The spot price of silver in the international market was $90.33 per ounce.
Gold prices ease after record high; Check city-wise price here
Silver prices in the domestic market have increased by approximately 22.4 percent so far in 2026. According to experts, due to global uncertainty, potential interest rate cuts, and increasing demand for safe haven investments, both gold and silver may remain volatile and strong in the coming period. Investors are advised to monitor market trends before making any purchases.
