Gold Rate Today in India
On 16 January 2026, the price of 24K gold at ₹143,410 per 10 grams, reflecting a loss of ₹30 compared to its previous close. Meanwhile, 22K gold is at ₹131,459 per 10 grams.
Gold prices in India are largely influenced by international spot gold rates, US dollar fluctuations, and import duties on Gold among other things.
Gold prices in India continue to remain higher than in Dubai. On 16 January 2026 the price of 24K gold in India is at ₹143,410 per 10 grams, while in Dubai it is ₹112,816, reflecting a difference of ₹30,594 or 27.12%. Similarly, 22K and 18K gold prices in India were also about 27.12% costlier compared to the price of gold in Dubai, not accounting for fees, duties, and taxes.
Gold Rate Today in India (₹ per 10 grams)
| Type | Today's Price (₹) | Yesterday's Price (₹) | Change (₹) | Change (%) |
|---|---|---|---|---|
| 24 Carat | 143,410 | 143,440 | 30.00 | 0.02% |
| 22 Carat | 131,459 | 131,487 | 27.50 | 0.02% |
| 18 Carat | 107,558 | 107,580 | 22.50 | 0.02% |
Why is the Gold price moving today?
Gold prices were trending sideways today on the back of a firm dollar and soft safe-haven demand. The dollar index has been posting gains in the previous session, owing to which the prices of the yellow metal moderated a bit. A strong dollar makes precious metals like gold more expensive for other currency holders, thereby aiding demand.
Additionally, US President Donald Trump had said that military action in Iran could be delayed, which helped dampen gold’s safe-haven appeal, helping put prices on a slightly lower edge.
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Waning expectations of a rate cut by the US Federal Reserve at its upcoming meeting also eases the prices of the gold. Further, Trump said that he has no plans to fire US Federal Reserve Chair Jerome Powell. Higher interest rates tend to lower the appeal of non-interest-yielding assets like gold.
Outlook for Gold Investors
Analysts expect gold prices to remain range-bound in the near term due to profit booking by investors. A strong dollar index and easing geopolitical tensions have also contributed to the recent consolidation in gold prices. However, the long-term outlook for gold remains bullish, as markets are anticipating additional rate cuts by the Federal Reserve later this year. Moreover, steady buying by central banks, along with ongoing uncertainties surrounding the US–Venezuela crisis, is expected to continue supporting the gold’s safe-haven appeal.
Gold Rate Today in Metro Cities (₹ per 10 grams)
| City | 24 Carat(₹) | 22 Carat(₹) | 18 Carat(₹) |
|---|---|---|---|
| Ahmedabad | 143,710 ( 80.00 ) | 131,734 ( 73.40 ) | 107,783 ( 60.00 ) |
| Bangalore | 143,520 ( 40.00 ) | 131,560 ( 36.70 ) | 107,640 ( 30.00 ) |
| Chennai | 143,830 ( 30.00 ) | 131,844 ( 27.50 ) | 107,873 ( 22.50 ) |
| Delhi | 143,160 ( 40.00 ) | 131,230 ( 36.70 ) | 107,370 ( 30.00 ) |
| Hyderabad | 143,640 ( 30.00 ) | 131,670 ( 27.50 ) | 107,730 ( 22.50 ) |
| Kolkata | 143,220 ( 30.00 ) | 131,285 ( 27.50 ) | 107,415 ( 22.50 ) |
| Mumbai | 143,410 ( 30.00 ) | 131,459 ( 27.50 ) | 107,558 ( 22.50 ) |
| Pune | 143,410 ( 30.00 ) | 131,459 ( 27.50 ) | 107,558 ( 22.50 ) |
| Surat | 143,600 ( 30.00 ) | 131,633 ( 27.50 ) | 107,700 ( 22.50 ) |