The prices of gold and silver have been fluctuating for the last few days. While the prices of both the precious metals were falling on Thursday, they rose again on Friday. Gold prices are nearing their all-time high, while silver prices have crossed Rs 2.42 lakh. Prices are even higher in the local bullion market. Today, Saturday, January 10, the price of 24-carat gold in the bullion market (January 10, 2026 Gold Rates) is approximately Rs 1,39,320 per 10 grams, while the price of 22-carat gold is approximately Rs 1,27,710. Talking about silver, its price in the local bullion market has reached Rs 2,48,900 per kg. This means that getting jewelery made for weddings or other occasions is becoming more expensive for people.
Gold near its all-time high, silver rises
According to the India Bullion Jewelers Association (IBJA), the price of 24-carat gold rose by Rs 1,349 to Rs 1,37,122 per 10 gram from Rs 1,35,773 per 10 gram on Thursday. The all-time high level of gold in the spot market is Rs 1,37,956 per 10 grams, which was recorded on December 26, 2025. The price of 22-carat gold increased from Rs 1,24,368 per 10 grams to Rs 1,25,604 per 10 grams. The price of 18-carat gold increased from Rs 1,01,830 per 10 grams to Rs 1,02,842 per 10 grams. Along with gold, silver prices have also seen a rise. The price of silver has increased from Rs 2,35,826 per kg to Rs 2,42,808 per kg, an increase of Rs 6,982.
Gold and silver prices on MCX and COMEX
A huge jump was also seen in the prices of gold and silver on the Multi Commodity Exchange (MCX). Gold contracts for February 5, 2026 rose 0.48 per cent to Rs 1,38,398, and silver contracts for March 5, 2026 rose 2.19 per cent to Rs 2,48,657. A rise was also seen in the international market prices of gold and silver. Gold price rose 0.80 percent to $4,495 an ounce, and silver rose 4.05 percent to $78.313 an ounce.
What will be the future trend of gold and silver?
Jatin Trivedi of LKP Securities said that after yesterday’s weakness, gold prices have increased. On COMEX, gold is finding support at $4,450 per ounce and resistance at $4,475 per ounce. He further said that in the coming days, gold is likely to trade in the range of Rs 1,36,500 and Rs 1,39,000, and global economic data will decide the direction of gold prices.