Gold Price Today: Gold and Silver Surge on Makar Sankranti, Check Latest Rates Across Cities
Gold prices climbed further on the morning of Makar Sankranti, bringing fresh cheer to investors tracking the precious metals market. Amid global economic uncertainty and strong demand for safe-haven assets, gold continued its upward momentum across major Indian cities. Silver prices also registered a noticeable rise, reflecting renewed buying interest ahead of the festive season.
In key cities such as Bhopal and Ahmedabad, the price of 24-carat gold has increased to ₹1,42,590 per 10 grams, while rates in metros like Delhi and Jaipur moved even higher. The rally in domestic markets mirrors firm trends in the international bullion market.
Why Gold Prices Are Rising Today
The ongoing surge in gold prices is being driven by a combination of global and domestic factors. One of the primary reasons is growing uncertainty in international financial markets, which has pushed investors towards safer investment options such as gold.
Another major factor is the increasing expectation that the US Federal Reserve may be forced to cut interest rates further in the coming months. Lower interest rates typically reduce the opportunity cost of holding non-yielding assets like gold, making them more attractive to investors worldwide.
On the global front, spot gold is currently trading at $4,586.49 per ounce, providing strong support to domestic prices in India.
Gold Rates in Delhi Today
In the national capital, gold prices have witnessed a notable jump:
-
24-carat gold: ₹1,42,690 per 10 grams
-
22-carat gold: ₹1,30,810 per 10 grams
The rise comes just as festive demand begins to pick up, with Makar Sankranti traditionally considered an auspicious occasion for buying gold.
Mumbai, Chennai and Kolkata Gold Prices
In India’s major metropolitan cities, gold rates are moving in tandem:
-
24-carat gold: ₹1,42,540 per 10 grams
-
22-carat gold: ₹1,30,660 per 10 grams
Jewellers in these cities are reporting steady footfall, with buyers showing interest despite elevated prices, driven by long-term investment considerations.
Gold Prices in Pune and Bengaluru
Pune and Bengaluru have also recorded similar price levels:
-
24-carat gold: ₹1,42,540 per 10 grams
-
22-carat gold: ₹1,30,660 per 10 grams
Market experts believe that sustained global cues could keep prices firm in the short term.
City-Wise Gold Rates on January 14, 2026
| City | 22-Carat Gold (₹/10g) | 24-Carat Gold (₹/10g) |
|---|---|---|
| Delhi | 1,30,810 | 1,42,690 |
| Mumbai | 1,30,660 | 1,42,540 |
| Ahmedabad | 1,30,710 | 1,42,590 |
| Chennai | 1,30,660 | 1,42,540 |
| Kolkata | 1,30,660 | 1,42,540 |
| Hyderabad | 1,30,710 | 1,42,540 |
| Jaipur | 1,30,810 | 1,42,690 |
| Bhopal | 1,30,360 | 1,42,590 |
| Lucknow | 1,30,810 | 1,42,690 |
| Chandigarh | 1,30,810 | 1,42,690 |
Silver Prices Also Move Higher
Along with gold, silver prices have also seen an upward trend, supported by industrial demand and festive buying. Analysts say that volatility in global commodity markets may continue to influence silver prices in the near term.
Outlook for Gold Investors
Market experts advise investors to track global cues closely, especially US inflation data, interest rate decisions, and geopolitical developments. While prices are currently elevated, gold continues to play a crucial role as a hedge against inflation and economic uncertainty.
As Makar Sankranti marks an auspicious beginning for many households, the demand for gold jewellery and coins is expected to remain firm in the coming days.
