As of January 17, 2026, the gold market in India is showing signs of a strong rebound after a brief two-day correction. For investors and households tracking the “safe-haven” asset, today’s price movement reflects a volatile but upward-trending start to the year.
According to the latest live updates from Goodreturns, gold prices have edged higher today, reclaiming some of the ground lost earlier this week.
Today’s Gold Rates in India (January 17, 2026)
The price of gold has seen a steady increase across 24K, 22K, and 18K purity levels. Below is the comprehensive breakdown of the current rates per gram:
| Purity | Price per Gram (Today) | Price per 10 Grams | Change (vs Yesterday) |
| 24K Gold (Purest) | ₹14,378 | ₹1,43,780 | + ₹38 |
| 22K Gold (Standard) | ₹13,180 | ₹1,31,800 | + ₹35 |
| 18K Gold (Jewelry) | ₹10,784 | ₹1,07,840 | + ₹29 |
For those interested in larger quantities, 100 grams of 24K gold is currently priced at ₹14,37,800, marking a single-day jump of ₹3,800.
City-Wise Breakdown: Regional Variations
Gold rates in India fluctuate daily due to state taxes, transportation costs, and local jewelry association decisions. Today, Chennai continues to post the highest rates, while Mumbai and Bangalore remain aligned with the national average.
- Chennai: ₹14,487 (24K) | ₹13,280 (22K)
- Mumbai: ₹14,378 (24K) | ₹13,180 (22K)
- Delhi: ₹14,393 (24K) | ₹13,195 (22K)
- Kolkata: ₹14,378 (24K) | ₹13,180 (22K)
- Hyderabad: ₹14,378 (24K) | ₹13,180 (22K)
Why are Gold Prices Rising Today?
After a sharp correction on January 15 and 16, the market has entered a recovery phase. Several global and domestic factors are driving this uptick:
- Renewed Geopolitical Tensions: Ongoing uncertainty in the Middle East and diplomatic friction between the US and Iran have pushed investors back toward gold as a protection against global instability.
- US-India Trade Dynamics: Recent cues regarding a potential trade deal between the US and India, alongside fluctuating crude oil prices, have kept the Indian Rupee under pressure, making imported gold more expensive.
- Correction Rebound: Market analysts often see a “buy the dip” sentiment after a cumulative fall of nearly ₹6,000 per 100 grams. Today’s rise is partly fueled by buyers taking advantage of the lower rates seen yesterday.
- Silver Market Surge: Silver has mirrored gold’s performance but with higher volatility, hitting the ₹2,95,000 per kg mark today. The strength in the broader precious metals sector is providing a tailwind for gold.
2026 Bullish Outlook: Heading for ₹1.5 Lakh?
Despite the mid-week dip, the 2026 outlook for gold remains exceptionally bullish. Many global financial institutions, including J.P. Morgan, have projected that gold could reach $5,000 per ounce by the end of the year.
“The structural trend of central bank buying and investor diversification into gold has further to run. We expect these trends to push prices toward record highs by Q4 2026.”
In the Indian context, if international prices continue to climb, we could see 24K gold comfortably breaching the ₹1.5 lakh per 10 grams milestone before the year ends.
Investment Strategy for Today
With gold prices recovering, retail buyers must be strategic. If you are buying for the upcoming wedding season or as an investment, consider the following:
- Purity Matters: Always look for the BIS Hallmark and the unique HUID code. This is your only guarantee of the gold’s purity.
- Digital Gold vs. Physical: For those not looking for jewelry, Sovereign Gold Bonds (SGBs) or Gold ETFs remain more tax-efficient options, as they avoid the 3% GST and hefty making charges associated with physical gold.
- Averaging: Given the current volatility, avoid making “lump sum” purchases. Staggering your buys over several weeks can help average out the cost.
Conclusion
Today’s rate of ₹14,378 per gram (24K) signals that the “Gold Bull” is far from exhausted. While short-term fluctuations are expected, the metal’s role as a hedge against inflation and geopolitical risk is only strengthening in 2026. Whether you are a long-term investor or a jewelry shopper, keeping a close eye on daily shifts is essential for making an informed decision.
For real-time updates and more specific city rates, you can check the live dashboard on Goodreturns.