Gold prices slip on first day of the week; Silver also sees decline

Gold prices edged lower at the start of the new week in the domestic market, bringing mild relief to buyers. Despite the dip, gold has posted strong weekly gains. Silver prices also declined, though the metal remains significantly higher on a year-to-date basis.

Post Published By: Sona Saini
Updated : 19 January 2026, 8:06 AM IST
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New Delhi: With the start of the new week, gold prices across the country have registered a slight decline. On the morning of January 19, 24-carat gold in the capital Delhi fell to ₹143,920 per 10 grams, while 22-carat gold was priced at ₹131,940 per 10 grams. In Mumbai, 24-carat gold was trading at ₹143,770 and 22-carat gold at ₹131,790 per 10 grams. However, gold prices have seen significant strength over the past week.

Gold Remains Strong in a Week

Although prices have declined today, 24-carat gold has gained approximately ₹3,320 and 22-carat gold has gained approximately ₹3,050 over the past week. The spot price of gold in the international market remains at $4,603.51 per ounce, which is also impacting domestic prices.

Gold prices jump Rs 3,320 in a week; Silver steals the show with massive surge

Gold Rates in Major Cities

Gold prices remain roughly consistent across major cities across the country. In Mumbai, Chennai, and Kolkata, 24-carat gold is trading at ₹143,770 and 22-carat gold at ₹131,790 per 10 grams. Similar prices have been recorded in Pune and Bengaluru. Meanwhile, in Ahmedabad and Bhopal, 24-carat gold has reached ₹143,820 and 22-carat gold at ₹131,840 per 10 grams. Prices in cities like Jaipur, Lucknow, and Chandigarh are also hovering around Delhi's levels.

Silver Prices Also Fall

Along with gold, silver prices also saw a decline today. On the morning of January 19th, silver prices slipped to ₹294,900 per kilogram. However, silver prices have strengthened by approximately ₹35,000 over the past week. Silver prices in the domestic market have increased by approximately 22.4 percent so far in 2026.

Gold prices fall for second straight day, Silver also declines; Check rates here

Global Signals and Forward Trend

Weak US inflation data has raised expectations of an interest rate cut by the Federal Reserve. The next meeting of the Federal Open Market Committee is scheduled for January 27–28. If interest rates are cut, demand for safe-haven investments like gold and silver could increase. Consequently, precious metal prices may see further fluctuations in the coming days.

Location : 
  • New Delhi

Published : 
  • 19 January 2026, 8:06 AM IST

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