Gold Prices Surge: Discover 22k and 24k Rates in Major Indian Cities
Gold prices in India have seen a significant surge, rising to historic levels across major cities. As of January 26, 2026, 24-carat gold in Mumbai is priced at Rs 1,60,250 per 10 grams, while 22-carat gold stands at Rs 1,46,890 per 10 grams. This trend reflects a broader rally in the global gold market, where gold prices exceeded $5,000 an ounce, fueled by geopolitical uncertainties.
Current Gold Prices in Major Indian Cities
The following are the gold rates for 22k and 24k gold across key Indian cities:
| City | 22K Gold (per 10 gm) | 24K Gold (per 10 gm) |
|---|---|---|
| Delhi | Rs 1,47,040 | Rs 1,60,400 |
| Jaipur | Rs 1,47,040 | Rs 1,60,400 |
| Ahmedabad | Rs 1,46,940 | Rs 1,60,300 |
| Pune | Rs 1,46,890 | Rs 1,60,250 |
| Mumbai | Rs 1,46,890 | Rs 1,60,250 |
| Hyderabad | Rs 1,46,890 | Rs 1,60,250 |
| Chennai | Rs 1,46,890 | Rs 1,60,250 |
| Bengaluru | Rs 1,46,890 | Rs 1,60,250 |
| Kolkata | Rs 1,46,890 | Rs 1,60,250 |
Factors Influencing Gold Prices
Several factors dictate the pricing of gold in India. The key influences include:
- International market rates
- Import duties and taxes
- Fluctuations in currency exchange rates
Gold holds significant cultural and financial value in India. It is not just an investment; it is integral to festivals and weddings. Thus, many investors keep a close eye on market fluctuations to make informed decisions.
Market Trends and Performance
In 2025, gold prices soared by 64% due to strong safe-haven demand and supportive monetary policies globally. The current year’s upward trend continues, with prices increasing by over 17% so far. This surge is also attributed to heightened investor confidence in gold amid political uncertainties, particularly in the United States.
As the market undergoes these changes, it is essential for investors to stay informed about trends and price shifts.
