Today, Friday, January 9, 2026, gold prices in India are witnessing a slight correction following a period of intense volatility. While prices remain near historic highs, a combination of global geopolitical shifts and profit-booking has led to a marginal dip in retail rates across major cities.
Today’s Gold Rates in India (January 9, 2026)
The following table reflects the average retail prices for 22K and 24K gold across the country. Please note that these rates do not include GST, TCS, and other local levies.
| City | 22K Gold (per 10g) | 24K Gold (per 10g) |
| Delhi | ₹1,27,465 | ₹1,39,048 |
| Mumbai | ₹1,26,435 | ₹1,37,930 |
| Chennai | ₹1,26,802 | ₹1,38,330 |
| Bangalore | ₹1,26,536 | ₹1,38,040 |
| Hyderabad | ₹1,26,637 | ₹1,38,150 |
| Kolkata | ₹1,26,270 | ₹1,37,750 |
Read our previous post: Gold Prices in India January 8, 2026: Rates See a Slight Dip
Price Breakdown by Weight
For many buyers, especially during the ongoing wedding season, purchasing in smaller or larger quantities is common. Here is the breakdown for today:
24K Gold (99.9% Purity)
- 1 Gram: ₹13,9058 Grams (1 Pavan): ₹1,11,240
- 10 Grams: ₹1,39,048
- 100 Grams: ₹13,90,480
22K Gold (91.6% Purity)
- 1 Gram: ₹12,747
- 8 Grams (1 Pavan): ₹1,01,976
- 10 Grams: ₹1,27,465
- 100 Grams: ₹12,74,650
Key Factors Influencing Gold Prices Today
The current market sentiment is being driven by several macro-economic and geopolitical factors:
- US-Venezuela Geopolitics: Tensions between the US and Venezuela have slightly eased, leading to a minor reduction in “safe-haven” buying. This has allowed gold to cool off from its December peaks.
- Stronger US Dollar: The US Dollar Index has shown strength today, making gold more expensive for international buyers and putting downward pressure on spot prices.
- Wedding Season Demand: Domestically, India remains in the thick of the wedding season. This high physical demand is acting as a “floor,” preventing prices from crashing significantly despite global cues.
- Federal Reserve Outlook: Investors are closely monitoring commentary from the US Federal Reserve regarding potential interest rate cuts later in 2026. Lower interest rates typically boost gold’s appeal as a non-yielding asset.
Market Outlook: Should You Buy Now?
Analysts suggest that while the current dip offers a small window for buyers, the long-term trend for gold remains bullish. With central banks across the globe continuing to increase their gold reserves and persistent global economic uncertainty, the yellow metal is expected to challenge the ₹1,45,000 per 10g mark later this year.
Investor Tip: If you are buying for investment rather than jewelry, consider Sovereign Gold Bonds (SGBs) or Gold ETFs. These options eliminate concerns regarding storage and “making charges,” which can add 8% to 20% to the cost of physical jewelry.