Gold prices declined on January 9, 2026, reflecting weakness in domestic and international markets. Rates fell across major Indian cities as profit booking and reduced safe-haven demand weighed on sentiment. Gold futures also slipped, tracking softer global cues ahead of key US economic data.
Gold Prices Slip on January 9, 2026 Across India
New Delhi: On January 9, 2026, gold prices fell again. Both domestic futures and bullion markets saw their prices fall. According to the Indian Bullion and Jewelers Association (IBJA), the price of gold fell to ₹1,35,773 per 10 grams on Friday morning. Meanwhile, according to GoodReturns, gold prices fell to ₹1,38,140 per 10 grams.
According to the All India Sarafa Association, gold of 99.9 percent purity fell by ₹900 to ₹1,40,500 per 10 grams (including all taxes) in the Delhi bullion market. Its closing price in the previous trading session was ₹1,41,400 per 10 grams.
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In other major cities across the country, the price of 24-carat gold in Delhi, Lucknow, Jaipur, and Gurugram was around ₹1,38,140 per 10 grams. In Mumbai, Kolkata, Pune, and Bengaluru, it was recorded at around ₹1,37,990 per 10 grams. Gold was relatively expensive in Chennai, where the price of 24 carat was ₹1,39,080 per 10 grams.
According to the latest IBJA data, 24 carat gold was recorded at ₹1,35,773, 23 carat at ₹1,35,229, 22 carat at ₹1,24,368, 18 carat at ₹1,01,830, and 14 carat at ₹79,427 per 10 grams.
Futures trading also declined for the second consecutive day. On the Multi Commodity Exchange (MCX), the price of gold for February delivery fell by ₹896, or 0.65 percent, to ₹1,37,113 per 10 grams. In the international market, spot gold fell 0.67 percent to $4,426.91 per ounce. Meanwhile, February gold futures on COMEX also slipped to $4,432.80 per ounce.
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According to Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities, gold came under pressure due to a decline in safe-haven demand and a stable dollar. Jigar Trivedi, Senior Research Analyst at Reliance Securities, said that profit-booking ahead of US economic data and geopolitical uncertainties have led to weakness in gold and silver.
According to analysts, US employment data and signals regarding the Federal Reserve's monetary policy will determine the direction of gold prices in the coming days.
