The price of gold in India today stands at Rs 14,979 per gram for 24-carat, Rs 13,731 per gram for 22-carat, and Rs 11,235 per gram for 18-carat on Wednesday,
January 21. Compared with yesterday, prices have remained largely unchanged, with a negligible increase of Rs 1 per gram in 24 carat gold. Gold continues to hold its place as a preferred asset for investors looking to protect wealth during periods of economic uncertainty. Known for its ability to retain value over long periods, the precious metal has historically acted as a hedge against inflation and market volatility. In India, gold also carries cultural significance, driving steady demand for both investment and jewellery purposes. Gold prices in India are shaped by a mix of international and domestic influences. Global bullion prices, movements in the US dollar, and interest rate expectations play a crucial role in determining base rates. On the domestic front, seasonal jewellery demand, especially during weddings and festivals, can add further pressure on prices. As a result, gold rates often vary slightly across cities, reflecting local taxes, logistics and demand conditions. Gold Prices Across Major Indian Cities Gold prices across major Indian cities showed only limited variation today. Chennai, Coimbatore and Madurai continued to quote higher rates, with 24-carat gold priced at Rs 15,165 per gram, 22-carat at Rs 13,901, and 18-carat at Rs 11,591. Most other metro and tier-1 cities, including Mumbai, Kolkata, Bengaluru, Hyderabad, Pune, Kerala, Vijayawada, Nagpur and Bhubaneswar, reported uniform prices of Rs 14,979 per gram for 24-carat gold, Rs 13,731 for 22-carat, and Rs 11,235 for 18-carat gold. Delhi, Jaipur, Lucknow and Chandigarh were slightly higher, with 24-carat gold at Rs 14,992 per gram, 22-carat at Rs 13,746, and 18-carat at Rs 11,248. Meanwhile, cities such as Ahmedabad, Vadodara, Surat and Patna quoted marginally different rates, with 24-carat gold at Rs 14,982 per gram, 22-carat at Rs 13,736, and 18-carat at Rs 11,238, reflecting minor regional pricing differences driven by local factors. Silver Rates Today In India Silver prices are also being closely watched alongside gold. Currently, silver is priced at Rs 320.10 per gram and Rs 3,20,100 per kilogram. While more affordable than gold, silver remains popular among investors and jewellery buyers. Its pricing is influenced not only by bullion trends but also by industrial demand, as silver is widely used in manufacturing and technology. With both precious metals showing stability today, investors are keeping an eye on global cues for the next directional move.
