Gold Price Today: After three consecutive days of decline at the end of last year, today i.e. Thursday, January 2, 2026, gold prices have again seen a rise. According to the report of international investment bank Goldman Sachs, about 70 percent of global institutional investors around the world expect a sharp rise in gold prices this year. Gold has once again become the center of attraction amid investors’ turn towards safe options and global economic uncertainties.
It is noteworthy that 24 carat gold is mainly purchased for investment purposes, whereas 22 carat and 18 carat gold are more used in jewelery manufacturing. Today, 24 carat gold is trading at an average level of Rs 1,35,070 per 10 grams across the country, whereas a day ago its price was Rs 1,35,060, that is, a slight increase has been registered.
Latest price of your city-
Talking about the national capital Delhi, 24 carat gold is being sold here at Rs 1,35,220 per 10 grams. Whereas the price of 22 carat gold has reached Rs 1,23,960 and that of 18 carat gold has reached Rs 1,01,450 per 10 grams. It is clear from this that gold prices remain slightly higher in the capital compared to other cities.
On the other hand, in major cities like Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala and Pune, 24 carat gold is being sold at the rate of Rs 1,35,070, 22 carat gold at Rs 1,23,810 and 18 carat gold at Rs 1,01,300 per 10 grams. Prices remain almost the same in these cities.
Whereas in cities like Vadodara, Ahmedabad, Patna and Surat, 24 carat gold is available at Rs 1,35,120 per 10 grams. In these cities, the price of 22 carat gold has been recorded at Rs 1,23,860 and that of 18 carat gold has been recorded at Rs 1,01,350 per 10 grams. Overall, the slight rise in gold prices at the beginning of the new year reflects investor confidence.
How is the rate decided?
The prices of gold and silver are decided on a daily basis and many factors are responsible for this. These mainly include the following reasons: Since the prices of gold and silver in the international market are fixed in US dollars, changes in the dollar-rupee exchange rate have a direct impact on the prices of these metals. If the value of dollar increases or rupee weakens, then gold prices in India increase.
Most of the gold in India is imported. In such a situation, Customs Duty, GST and other local taxes affect the prices of gold. Turbulence in the global market (such as war, economic recession or change in interest rates) has a direct impact on the price of gold. When uncertainty increases in the global market, investors choose safer options like gold rather than shares or other volatile assets.
In India, gold is not only an investment but also linked to tradition and cultural beliefs. Buying gold on weddings, festivals and auspicious occasions is considered auspicious. Therefore the demand is high, which affects the prices. Gold has been an option giving better returns compared to inflation for a long time. When inflation increases or there is risk in the stock market, people like to invest in gold. This is the reason why its demand and price always remain constant.
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