Gold Crosses Rs 1.55 Lakh, Silver Above Rs 3.25 Lakh: Check Bullion Rates In Your City On January 21

Gold and Silver Rates Today, January 21: Bulls continue to roar at the bullion market, with gold prices crossing Rs 1.55 lakh per 10 grams and silver trading above Rs 3.25 lakh per kg, in line with international

market trend, due to safe-haven demand and a softer dollar as US President Donald Trump’s pursuit of Greenland threatened to reignite a trade war with Europe and upend the NATO alliance.

In the future market, on the MCX, gold prices on Wednesday surged 3.53% to trade at Rs 1,55,886 per 10 grams for the February 5, 2026, contracts, while silver prices rose 0.69% to trade at Rs 3,25,903 per kg for the March 5, 2026, contracts.

In the spot market in Mumbai, the price of 24-carat gold rose to its record high of Rs 1,54,800 per 10 grams, while 22k gold was available at Rs 1,41,900 per 10 grams. These rates do not include GST and making charges. Silver also touched its fresh all-time high of Rs 3,25,100 per kg in the spot market.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On January 21?

City	22K Gold (per 10gm)	24K Gold (per 10gm)
Delhi	Rs 1,42,050	Rs 1,54,950
Jaipur	Rs 1,42,050	Rs 1,54,950
Ahmedabad	Rs 1,41,950	Rs 1,54,850
Pune	Rs 1,41,900	Rs 1,54,800
Mumbai	Rs 1,41,900	Rs 1,54,800
Hyderabad	Rs 1,41,900	Rs 1,54,800
Chennai	Rs 1,41,900	Rs 1,54,800
Bengaluru	Rs 1,41,900	Rs 1,54,800
Kolkata	Rs 1,41,900	Rs 1,54,800

In the international market, gold prices surged to a record high above $4,800 per ounce on Wednesday. US spot gold rose 1.2% to $4,821.26 per ounce by 0226 GMT, after scaling a record $4,843.67 earlier in the session. US gold futures for February delivery climbed 1% to $4,813.50 per ounce. However, spot silver fell 1% to $93.59 an ounce, after hitting a record high of $95.87 on Tuesday.

“It’s the loss of trust in the U.S. caused by Trump’s moves over the weekend to tariff European countries and increase his coercion in trying to take Greenland. (The move in gold) reflects fears about global geopolitical (tensions),” said Kyle Rodda, a senior market analyst at Capital.com, according to Reuters.

On Tuesday, Trump said there was “no going back” on his goal to control Greenland, refusing to rule out taking the Arctic island by force and lashing out at NATO allies.

He later said, “We will work something out where NATO is going to be very happy and where we’re going to be very happy.”

Meanwhile, French President Emmanuel Macron said Europe would not give in to bullies or be intimidated, in a scathing criticism of Trump’s threat of steep tariffs at Davos if Europe does not let him take over Greenland.

“Obviously investors are selling the dollar, they’re selling treasuries, particularly at the long-end, and buying gold instead because there is greater confidence in gold than in the U.S. (currency) right now,” Rodda said.

The dollar languished near three-week lows against the euro and Swiss franc, and Asian stocks extended their losses for a third session, while a global bond rout appeared to slow for now.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.