Gold Price Today: 24-Carat Gold Surges Past ₹1.40 Lakh per 10 Grams in Delhi as Prices Hit New Highs
Gold prices in India continue their sharp upward trend, giving investors yet another reason to stay optimistic about the yellow metal. On December 27, gold rates in the national capital climbed to a fresh record, crossing the ₹1.40 lakh mark per 10 grams for 24-carat purity. Similar price highs have been recorded in major metros, including Mumbai. The momentum in gold is strongly aligned with international market gains, where spot gold has surged to a new peak of $4,530.42 per ounce.
So far in the current year, domestic gold has given a stellar return of over 80%, highlighting strong demand amid global uncertainty and rising investor interest. Market experts believe that the rally may not be over yet, with optimism growing for continued appreciation in 2026 as well.
Gold Prices in Major Indian Cities
As per early morning rates on December 27:
📌 Delhi
-
24K Gold: ₹1,40,180 per 10g
-
22K Gold: ₹1,28,510 per 10g
📌 Mumbai, Chennai & Kolkata
-
24K Gold: ₹1,40,003 per 10g
-
22K Gold: ₹1,28,360 per 10g
📌 Pune & Bengaluru
-
24K Gold: ₹1,40,003 per 10g
-
22K Gold: ₹1,28,360 per 10g
📌 Other Key Cities
| City | 22K Rate (₹/10g) | 24K Rate (₹/10g) |
|---|---|---|
| Ahmedabad | 1,28,410 | 1,40,080 |
| Hyderabad | 1,28,360 | 1,40,003 |
| Jaipur | 1,28,510 | 1,40,180 |
| Bhopal | 1,28,410 | 1,40,080 |
| Lucknow | 1,28,510 | 1,40,180 |
| Chandigarh | 1,28,510 | 1,40,180 |
Prices may differ slightly depending on the jeweler, making charges, and local taxes.
Why Are Gold Prices Rising So Fast?
Global market expectations have greatly influenced this upward trend. Analysts predict that central banks across multiple countries will continue increasing their gold reserves in 2026 — a key driver for demand. Economic uncertainties, inflation concerns, geopolitical tensions, and a strong appetite for safe-haven assets have all worked in favor of gold prices.
Top financial institutions like Goldman Sachs foresee gold touching $4,900 per ounce by December next year — signaling further room for growth.
Silver Prices Also Skyrocket
The precious metals rally is not limited to gold. Silver prices have also climbed steeply:
-
₹2,40,100 per kg in the domestic market
-
$75.63 per ounce in international trading — a new lifetime high
Silver has delivered a remarkable 163.5% gain so far this year. Analysts attribute this jump to rising industrial demand, aggressive investment buying, and tight supply conditions worldwide.
Is This a Good Time to Buy?
Investors are closely watching trends to find suitable entry points. Experts suggest:
✔ Gold remains a reliable hedge against inflation
✔ Long-term expectations remain bullish
✔ Price corrections may offer better buying opportunities
With the New Year approaching, jewelers may also roll out special offers, making the festive period attractive for buyers.
Bottom Line
Gold prices in India are on a record-breaking spree and show no signs of slowing down. The ongoing global demand, coupled with economic uncertainties, may push prices higher in 2026. Whether as an investment or a festive purchase, gold continues to shine as one of the most trusted assets for Indian households.
