Gold prices in India on Thursday, January 29, have remained largely stable with only slight changes compared to the previous day. The rate for 24 karat
gold stands at Rs 16,709 per gram, while 22 karat gold is priced at Rs 15,316 per gram. Meanwhile, 18 karat gold is being sold at Rs 12,532 per gram. However, there are slight variations in the prices across different cities. Several variables shape gold rates across the country, including international bullion prices, movements in the US Dollar, import duties, and local demand, particularly during wedding seasons and festivals, play a crucial role. As a result, prices can differ slightly from one city to another, reflecting regional demand and logistics. Gold Rate Across Major Cities Per Gram
| City | 24K Today (Rs) | 22K Today (Rs) | 18K Today (Rs) |
| Chennai | 17,030 | 15,611 | 13,026 |
| Mumbai | 16,709 | 15,316 | 12,532 |
| Delhi | 16,724 | 15,331 | 12,547 |
| Kolkata | 16,709 | 15,316 | 12,532 |
| Bangalore | 16,709 | 15,316 | 12,532 |
| Hyderabad | 16,709 | 15,316 | 12,532 |
| Kerala | 16,709 | 15,316 | 12,532 |
| Pune | 16,709 | 15,316 | 12,532 |
| Vadodara | 16,714 | 15,321 | 12,537 |
| Ahmedabad | 16,714 | 15,321 | 12,537 |
| Jaipur | 16,724 | 15,331 | 12,547 |
| Lucknow | 16,724 | 15,331 | 12,547 |
| Coimbatore | 17,030 | 15,611 | 13,026 |
| Madurai | 17,030 | 15,611 | 13,026 |
| Vijayawada | 16,709 | 15,316 | 12,532 |
| Patna | 16,714 | 15,321 | 12,537 |
| Nagpur | 16,709 | 15,316 | 12,532 |
| Chandigarh | 16,724 | 15,331 | 12,547 |
| Surat | 16,714 | 15,321 | 12,537 |
| Bhubaneswar | 16,709 | 15,316 | 12,532 |
Gold continued its powerful upward momentum in global markets on Thursday, surging to an unprecedented peak of $5,591.16 per ounce, as heightened geopolitical tensions and economic concerns pushed investors toward traditional safe-haven assets.
In spot trading, gold was last seen up 2.1 per cent at $5,511.79 per ounce, having earlier scaled a fresh record high of $5,591.61 during the session.
The precious metal has been on a remarkable run this week. After breaking past the $5,000 mark for the first time on Monday, gold has rallied more than 10 per cent in just a few days. This sharp rise has been driven by a combination of intense demand for safety, sustained buying by central banks, and pressure on the US dollar, which has made gold more attractive to global investors.
Aamir Makda, Commodity & Currency Analyst of Choice Broking, said in a Mint report that the momentum in both metals is undeniably strong, but there is a technical warning sign. "The RSI (Relative Strength Index) is currently in overbought territory across all timeframes. More importantly, a Daily RSI divergence has appeared—a classic "red flag" suggesting that long positions should proceed with caution despite the bullishness. We are expecting a moderately bullish trend in the upcoming session in Gold and Silver," Makda said.
Silver Rate Today
Alongside gold, silver continues to attract buyers for both investment and jewellery purposes. Currently, silver is priced at Rs 380.10 per gram or Rs 3,80,100 per kilogram. Although more affordable than gold, silver prices are highly sensitive to global industrial demand, as the metal is widely used in manufacturing and technology sectors.
