In India, gold is far more than a precious metal; it is a cultural cornerstone, a traditional gift, and a reliable hedge against economic volatility. As of January 10, 2026, gold rates in India have shown a slight upward trend, reflecting ongoing market fluctuations influenced by global economic conditions and domestic demand.
Based on the latest updates from Goodreturns, here is a comprehensive look at the current gold prices across the country and the factors driving these changes.
Current Gold Rates in India (January 10, 2026)
Gold prices are typically categorized by their purity: 24 Karat (pure gold), 22 Karat (standard jewelry gold), and 18 Karat. Below are the average prices per gram in India as of today:
| Carat | Price per Gram | Change (vs. Yesterday) |
| 24K Gold | ₹13,932 | + ₹1 |
| 22K Gold | ₹12,771 | + ₹1 |
| 18K Gold | ₹10,449 | + ₹1 |
The rates for a 10-gram (1 tola) purchase stand at approximately ₹1,39,320 for 24K and ₹1,27,710 for 22K.
City-Wise Variations
Gold prices in India are not uniform; they vary from city to city due to local taxes, transportation costs, and jewelry association decisions. For instance:
- Chennai: Often sees higher rates due to massive demand; today’s 24K rate is approximately ₹13,965.
- Mumbai, Delhi, & Bangalore: These major hubs are currently trading near the national average of ₹13,932 to ₹13,947 for 24K gold.
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Factors Influencing Gold Rates
Several key factors determine the price of gold in the Indian market:
- Global Market Trends: Since India imports a significant portion of its gold, international prices (quoted in USD) directly impact domestic rates. Factors like US-Venezuela tensions or changes in Federal Reserve interest rates can cause immediate ripples.
- Currency Fluctuations: The strength of the Indian Rupee against the US Dollar is crucial. If the Rupee weakens, the cost of importing gold rises, leading to higher local prices.
- Inflation: Gold is widely considered a “safe haven.” When inflation rises, the value of paper currency drops, and investors flock to gold, driving up its demand and price.
- Seasonal Demand: India’s wedding season and festivals like Diwali and Dhanteras historically lead to a surge in demand, often resulting in a price hike.
Investment Outlook
Over the past year, gold has proven to be an exceptional performer. Historical data shows that prices have risen significantly from roughly ₹1,05,000 (24K/10g) a year ago to nearly ₹1,40,000 today. This steady appreciation reinforces gold’s position as a vital asset for diversifying investment portfolios.
Conclusion
Whether you are buying gold for a family wedding or as a long-term investment, staying updated with daily price movements is essential. Prices can change multiple times a day based on the MCX (Multi Commodity Exchange) trends.