Gold prices in India maintained stability on January 4, 2026, providing a sense of relief to buyers after a period of mild fluctuations. Known for its role as a safe-haven asset, gold continues to entice investors seeking to safeguard their wealth amid ongoing economic uncertainties. The current prices reflect consistent demand and stable global market cues.
On this date, the price of 24-carat gold is set at Rs. 13,582 per gram, unchanged from January 3. The rates for 22-carat gold stand at Rs. 12,450 per gram, while 18-carat gold is priced at Rs. 10,187 per gram. This consistent pricing across different purity levels suggests a pause in the price volatility observed earlier in the week. Buyers monitoring daily fluctuations may view this stability as an advantageous opportunity for purchases.
Regional Price Variations Across Major Cities
Gold prices vary slightly across Indian cities due to factors such as local taxes, logistical costs, and regional demand. For instance, in Chennai, 24-carat gold commands a higher rate at Rs. 13,746 per gram. Conversely, cities like Mumbai and Kolkata report prices that align with the national average at Rs. 13,582 per gram. In the capital, Delhi, 24-carat gold is marginally higher at Rs. 13,597 per gram. Other cities, including Bengaluru, Hyderabad, Pune, Kerala, and Ahmedabad, also show price trends that are closely aligned with the benchmark, indicating uniformity across key markets.
The dynamics affecting gold prices in India include a combination of global and domestic factors, such as international bullion rates, the strength of the US dollar, import costs, and seasonal demand for jewellery.
Steady Silver Prices Reflect Market Trends
Alongside gold, silver prices also remained steady, trading at Rs. 241 per gram or Rs. 2,41,000 per kilogram. Demand for silver stems from both investment interest and industrial applications, which helps to align its prices with global market trends.
The current stability in both gold and silver prices presents an opportunity for investors to consider purchases, particularly in the context of fluctuating economic conditions. As market dynamics evolve, stakeholders in the precious metals sector will continue to monitor these trends closely.
