Top News

Gold and silver prices in India continued their upward march for the third consecutive day, reflecting rising global uncertainty and strong safe-haven demand. Over the last three days alone, the price of 10 grams of gold has surged by more than ₹6,000, while silver has recorded an even sharper jump. Investors and buyers are closely tracking daily movements as international geopolitical tensions and trade concerns push precious metals higher.

Gold Prices Rise for Third Straight Day

In the domestic market, gold prices have remained firm after a brief pause earlier this week. On Wednesday, January 21, gold resumed its upward trajectory across key Indian cities. In Delhi, 24-carat gold rose by ₹10 per 10 grams, while 22-carat gold also gained ₹10. Though the daily increase may appear modest, the cumulative rise over the last three days has been significant.

Over this short period:

• 24-carat gold has become costlier by ₹6,010 per 10 grams

• 22-carat gold has climbed by ₹5,510 per 10 grams

This sharp increase has brought gold prices close to record levels in several markets, reinforcing its status as a preferred hedge during times of global instability.

City-wise Gold Rates Across India

Here is a look at the latest prices of 10 grams of gold across 10 major Indian cities, covering 24-carat, 22-carat, and 18-carat purity levels:

• Delhi:

  • 24-carat: ₹1,49,920

  • 22-carat: ₹1,37,460

  • 18-carat: ₹1,12,480

• Mumbai & Kolkata:

  • 24-carat: ₹1,49,790

  • 22-carat: ₹1,37,310

  • 18-carat: ₹1,12,350

• Chennai:

  • 24-carat: ₹1,51,650

  • 22-carat: ₹1,39,010

  • 18-carat: ₹1,15,910

• Bengaluru & Hyderabad:

  • 24-carat: ₹1,49,790

  • 22-carat: ₹1,37,310

  • 18-carat: ₹1,12,350

• Lucknow & Jaipur:

  • 24-carat: ₹1,49,920

  • 22-carat: ₹1,37,460

  • 18-carat: ₹1,12,480

• Patna & Ahmedabad:

  • 24-carat: ₹1,49,820

  • 22-carat: ₹1,37,360

  • 18-carat: ₹1,12,380

Prices may vary slightly depending on local taxes, making charges, and jeweller margins.

Silver Prices Also Surge Sharply

Silver has mirrored gold’s rally and, in fact, has shown even stronger momentum. After a day of stability, silver prices have increased for three consecutive sessions. In Delhi, silver has become costlier by ₹25,100 per kilogram in just three days.

Looking at a slightly longer timeframe, despite one flat session and a sharp ₹3,000 dip on another day, silver prices have risen by ₹60,100 per kg over the last 10 days. On January 21:

• Delhi silver price: ₹3,20,100 per kg (up ₹100)

• Mumbai & Kolkata: Around ₹3,20,100 per kg

• Chennai: ₹3,40,100 per kg — the highest among major metros

What Is Driving Gold and Silver Higher?

The recent rally in precious metals is largely being driven by global geopolitical and trade tensions. Fresh concerns emerged after the United States signaled potential tariff actions against several European nations amid disagreements related to Greenland and broader trade policies. Rising uncertainty over global trade flows has made investors cautious, pushing them toward safe-haven assets like gold and silver.

Additionally, expectations around global interest rate movements, currency volatility, and persistent inflation fears have further strengthened demand for precious metals. When uncertainty rises, gold and silver traditionally benefit, and the current market environment reflects that pattern clearly.

What Should Investors and Buyers Do?

With prices at elevated levels, short-term buyers may prefer to track daily movements closely, while long-term investors often see such phases as confirmation of gold’s role as a portfolio stabilizer. Experts suggest staggered buying instead of lump-sum purchases to manage volatility.

Bottom Line

Gold prices in India have climbed sharply, gaining over ₹6,000 in just three days, while silver has seen an even steeper rise. As global tensions continue to influence financial markets, precious metals are likely to remain in focus. Whether you are an investor or a jewellery buyer, staying informed about daily price movements and global cues will be crucial in the days ahead.