Gold Price Today: Rates Rise to ₹1.62 Lakh as Global Prices Stay High

Mumbai, 27 January ͏202͏6͏: Gold prices in India rose marginally in early trade on Tuesday supported by firm global trends after they soared to record levels in the overseas market. Ten grams of 24-carat gold rose by ₹10 to ₹1,61,960 reflecting firm international cues, even ͏as prices saw some cooling-off from record highs.  

24-Karat Gold Priced at ₹1,61,960; Global Prices Remain High  

Based on the data, 24-carat gold rose by ₹10 in early trade, with 10 grams being traded at ₹1,61,960. The small uptick follows a steep global rally which pushed gold higher than the $5,100 per͏ ounce mark in͏ the previous ͏session. Despite the pause in momentum, prices continue to remain high, showing sustained demand in the global bullion market. 

2͏2-Carat Gold at ₹͏1,48,460 as Jewellery Prices Track Bullion 

Following the trend in prices of pure gold, 22-carat gold price also went up by ₹10, with 10 grams being sold at ₹1,48,460. The increase kept͏ jewellery‐grade gold closely which aligned with bullion trends, highlighting the fact that stability in international prices influence retail gold benchmarks across India.  

Delhi, Mumbai, Chennai Rates reflect Firm City-Wise Pricing 

Gold across major Indian cities remained almost steady which indicates uniformity among Indian gold prices across the nation. 

In Mumbai and Kolkata, the 10 grams of 24 carat gold was at ₹1,61,960, while it was ₹1,62,110 in Delhi. Chennai quoted higher at ₹1,63,920 due to local taxes and cost of logistics. 

The rates for 22-carat gold in Mumbai, Kolkata, Bengaluru and Hyderabad was at ₹1,48,460 whereas Chennai quoted ₹1,50,260, while in Delhi 22-cara͏t gold was priced at ₹1,48,610.  

MCX Gold Opens At ₹1,5͏8,551 After Global Record Rally 

The domestic gold futures on Multi Commodity Exchange (MCX) reflected the overnight global strength. MCX gold opened at ₹1,58,551 per 10 grams, rising 1.48 per cent from its previous close of ₹1,56,037. During ͏early trade, prices hovered around ₹1,58,347, remaining near recent highs after reaching ₹1,59,226 on January 23, 2026.  

Global Gold Cools͏ to $5,07͏1͏ After Breaching $5,100 

On the international market, gold prices eased slightly after record highs. Spot gold was at $5,068.05 per ounce, and Comex gold was at around $5,071, down by 0.20 percent from the previous close. US gold futures for February delivery were at $5,063 per ounce. The pullback came after a record rally which saw͏ ͏prices hit $5,110.50 an ounce in the previous session.  

Geopolitical Developments Keep Gold Near Peak Levels  

The elevated gold prices have been supported by continued geopolitical events. Market sentiment became cautious after US President Donald Trump announced a 25 percent tariff on imports of automobile, lumber and pharmaceuticals from South Korea, citing stalled trade negotiations. Broader global tensions have generally remained supportive of the safe haven status of gold, preventing any sharp ͏correction despite͏ record levels. 

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