Gold  Prices at Above Rs 1.39 Lakh / 10 Gram Mark 

Market Update on Gold Prices 

Mumbai, 7 Jan 2026:- Gold prices were still hovering near record highs in the domestic markets with 24-carat gold coming as near as 1.39 lakh per 10 grams. This was largely because of the unremitting bullish behaviour in the bullion trade. Indeed, the yellow metal was trading near this high point on most of the major exchanges as investors, buyers kept an eye on the price trends in major Indian cities such as Delhi, Mumbai and Chennai. 

City-Wise Gold Price Trends 

According to the reports of various bullion markets, 24K gold price was slightly varying across different cities, although, in most of the cities, such as Delhi, Chennai and Mumbai, it ranged at ₹1.39 lakh per 10 grams. 

At the same time, 22-carat gold was trading at ₹1.27lakh per 10 grams, and 18K gold had also been trading at a price above ₹1.04 lakh per 10 grams in several markets. These numbers show that the strong pricing trend that has been running a number of sessions has continued, though the fluctuations of the price are practical on a daily basis. 

Silver and Other Precious Metals. 

Other than gold, silver prices were also on the same trend and performed well. According to the reports, silver was selling at a price of over ₹2.30 lakh per kilogram in various locations and this is a sign that the precious metals segment is in a good state. The metals were maintained floating on price levels which were indicative of the bullion category as well as the industrial metals category. 

International and National Pricing Forces.  

The prevailing pricing situation has been caused by a number of market forces. These are the trend variations in world bullion, the changes in the currency exchange and further progress with the ongoing economic processes. The world commodities markets have had gold as the key focus. On the other hand, the trend in demand, local taxes, and margins of jewellery among others, have shaped the ultimate retail prices we observe in cities. 

What this would imply to Buyers and Traders.  

The cost of an investment in 24K gold of 10 grams is currently near 1.39 lakh. The more visible fact to the investors and buyers is that the prices are continuing to remain within the range of 1. 39 lakh per 10 grams in most of the centres, which indicates that the base remains to be significantly higher than the historical averages. 

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