The rise in gold prices in India has stopped. A slight decline is being seen in the prices. On the morning of January 16, the price of 24-carat gold in Delhi rose to ₹143,760 per 10 grams. The price in Mumbai was ₹143,610 per 10 grams. The spot price of gold in the international market fell to $4,614.45 an ounce. Let’s see the gold rates in some major Indian cities…
gold price in delhi
The price of 24-carat gold in Delhi is ₹143,760 per 10 grams. The price of 22-carat gold is ₹131,790 per 10 grams.
Mumbai, Chennai and Kolkata
At present, the price of 22-carat gold in Mumbai, Chennai and Kolkata is ₹131,640 per 10 grams, while the price of 24-carat gold is ₹143,610 per 10 grams.
Prices in Pune and Bengaluru
The price of 24-carat gold in these two cities is ₹143,610 per 10 grams and the price of 22-carat gold is ₹131,640 per 10 grams.
Weak inflation data in the US has strengthened expectations of an interest rate cut by the US Federal Reserve. Geopolitical tensions, strong industrial and investment demand, and declining inventories are also supporting the sentiment. If interest rates fall, investment in safe assets like gold and silver may increase.
price of silver
Unlike gold, silver continues to rise. On the morning of January 16, the price of silver in India reached ₹295,100 per kg. In overseas markets, the spot price fell to $91.20 an ounce. Earlier, silver had reached a record high of $93.52 an ounce. In the domestic market, the price of silver has increased by 21 percent so far in 2026.