Gold & Silver Prices Today – Mild Rise in Domestic Markets

Digital News Guru Business Desk:

On 24 January 2026, gold and silver prices in India recorded modest upward movements, reflecting mixed global cues and steady domestic demand. Precious metals continued to attract attention from buyers amid ongoing economic and seasonal factors.

Gold Price Snapshot

• 24-carat gold was quoted at around Rs 15,716 per gram (≈ Rs 1,57,160 per 10 g).
• 22-carat gold traded near Rs 14,406 per gram.
• 18-carat gold hovered near Rs 11,787 per gram across major Indian cities.

City-wise 24 K gold rates (approx):

• Delhi: Rs 1,57,310 per 10 g
• Mumbai / Kolkata: Rs 1,57,160 per 10 g
• Chennai: Rs 1,58,740 per 10 g
• Bengaluru / Hyderabad: ~Rs 1,57,160 per 10 g

The mild rise in gold prices reflects firm buying in the domestic market, safe-haven demand, and continued investor interest amid global uncertainties. Analysts note that bullion often attracts interest when broader markets show volatility.

Silver Price Snapshot

• Silver hovered around Rs 3,40,100 per kg, with minor variations across cities like Delhi, Mumbai and Kolkata.
• Silver rates in Chennai & Hyderabad were seen trading slightly higher (~Rs 3,45,100–Rs 3,60,100 per kg) due to local demand dynamics and premium levies.

These modest gains in silver also indicate sustained interest from both buyers and small investors, even as global prices fluctuate.

Factors Driving the Precious Metals Market

Safe-Haven Demand

Gold and silver remain traditional safe-haven assets — sought by investors during periods of global economic uncertainty or geopolitical tension. Continued volatility in world markets tends to support relatively higher bullion prices.

Domestic Factors

Domestically, seasonal demand — particularly linked to weddings and festival purchases — contributes to steady buyer interest, helping keep prices firm. Many jewellers and buyers track daily price movements before making significant transactions.

Rupee Movements & Imports

The Indian rupee’s fluctuations against the U.S. dollar impact gold and silver prices in the domestic market. Since bullion is largely imported, a weaker rupee can make imports costlier, leading to higher local rates.

What This Means for Buyers and Investors

For Jewellery Buyers

• Those planning to purchase jewellery are advised to monitor daily rates as small movements can influence total cost, especially for large purchases.
• Buying BIS-hallmarked products and comparing local jeweller rates remain recommended best practices.

For Investors

• Precious metals like gold and silver continue to be seen as portfolio hedges, especially during uncertain macroeconomic times.
• While gold is traditionally more stable, silver also draws industrial demand — which can fuel price movements beyond pure investment interest.

City-Wise Trend Comparison (Example Rates)

Market Outlook & Expert Views

While today’s movements were relatively mild, broader trends in the precious metals market remain sensitive to global economic signals — including central bank policies, inflation expectations, and currency trends. Many analysts suggest that gold and silver prices may remain volatile but generally upward-biased as long as uncertainties persist.

Some reports also point to silver crossing benchmarks on international markets, with strong investor interest lifting prices sharply in recent sessions — a trend likely to ripple into domestic markets as well.

Summary – What Happened on January 24, 2026

• Gold prices in India edged slightly higher, with 24 K gold hovering around Rs 1,57,160 per 10 grams.
• Silver also recorded a mild uptick, trading near Rs 3,40,100 per kilogram across many cities.
• Market influences include safe-haven demand, rupee fluctuations, and seasonal jewellery buying patterns.
• Buyers and investors are advised to check daily rates and understand regional price differences before making decisions.

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