Gold Rate Today, January 1, 2026: Check 22K, 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities
Stay updated with the latest Gold Rate in India for January 1, 2026. Today, 24K gold is priced at approx. INR 13,488 per gram, while 22K gold stands at INR 12,364. Prices in major cities like Mumbai, Delhi, and Chennai show slight variations due to local taxes. Check live 22K and 24K gold rates to make informed investment decisions today.
Mumbai, January 1: Gold prices in India started the new year on a steady note on Thursday, January 1, 2026, holding firm near historic highs despite minor intraday corrections. Following a landmark year where the precious metal delivered exceptional returns, the market is currently in a phase of consolidation as global investors weigh the impact of shifting interest rate cycles. Currently, 24-carat gold is averaging approximately INR 1,34,880 per 10 grams across major metros, while 22-carat gold stands at roughly INR 1,23,640 per 10 grams. Check out the gold rate today in Delhi, Mumbai, Chennai, Kolkata, and other major cities below.
Gold prices vary across Indian cities due to differing state taxes, local demand, and transportation costs. Below are the prevailing rates for 10 grams of gold in major urban centres as of Thursday morning:
Gold Rate Today, January 1, 2026
| City | 24K Gold (per 10g) | 22K Gold (per 10g) |
| Delhi | INR 1,35,030 | INR 1,23,790 |
| Mumbai | INR 1,34,880 | INR 1,23,640 |
| Chennai | INR 1,36,140 | INR 1,24,790 |
| Kolkata | INR 1,34,880 | INR 1,23,640 |
| Bengaluru | INR 1,34,880 | INR 1,23,640 |
| Hyderabad | INR 1,34,880 | INR 1,23,640 |
| Ahmedabad | INR 1,34,930 | INR 1,23,690 |
| Pune | INR 1,34,880 | INR 1,23,640 |
| Lucknow | INR 1,35,030 | INR 1,23,790 |
| Jaipur | INR 1,35,030 | INR 1,23,790 |
| Noida | INR 1,35,030 | INR 1,23,790 |
| Ghaziabad | INR 1,35,030 | INR 1,23,790 |
| Gurugram | INR 1,35,030 | INR 1,23,790 |
Gold Prices: Market Drivers and Global Context
The stability observed on New Year's Day follows a period of high volatility in late December. Analysts attribute the current price floor to sustained central bank buying and geopolitical tensions that have reinforced gold's status as a premier safe-haven asset. Internationally, the focus remains on the U.S. Federal Reserve; while expectations for aggressive rate cuts in 2026 have slightly moderated, the overall trend toward lower yields continues to support bullion prices. Stocks to Buy or Sell Today, January 1, 2026: Vodafone Idea, RBL Bank, and Blue Dart Express Among Shares That May Remain in Spotlight on Thursday.
On the domestic front, the Indian rupee's performance against major currencies remains a critical factor, as a weaker rupee increases the cost of imported gold. Despite the high price environment, investor interest in "paper gold" options like Gold ETFs and Sovereign Gold Bonds (SGBs) remains strong, serving as a popular hedge against inflation. Bank Holiday Today, January 1? Know If Banks Are Open or Closed on the First Day of New Year 2026.
New Year 2026 Trends and Outlook
As 2026 begins, gold remains one of the most resilient assets in the Indian market. Experts suggest that while short-term price action may remain range-bound, the long-term structural drivers—including industrial demand and global economic shifts—could push prices toward new milestones later in the year.
Retail buyers are strongly advised to check for BIS hallmarking before making any purchases to verify the purity of the metal. The price difference between 22-karat (standard jewellery grade) and 24-karat (pure gold) continues to be an essential factor for consumers to monitor when planning their investments.
(The above story first appeared on LatestLY on Jan 01, 2026 08:17 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).