Gold and silver rates today show a slight dip in gold prices amid global economic shifts, while silver holds steady with minor gains across major Indian cities. From an Indian perspective, these metals remain vital for investments, weddings, and festivals like Diwali.
Today’s Gold Rates
Gold prices for 24K, 22K, and 18K vary slightly by city due to local taxes and demand. Here’s the latest per gram in major cities as of January 28, 2026.
| City | 24K (₹/g) | 22K (₹/g) | 18K (₹/g) |
| Chennai | 16,319 | 14,959 | 12,474 |
| Mumbai | 16,194 | 14,844 | 12,145 |
| Delhi | 16,209 | 14,859 | 12,160 |
| Kolkata | 16,194 | 14,844 | 12,145 |
| Bangalore | 16,194 | 14,844 | 12,145 |
| Hyderabad | 16,194 | 14,844 | 12,145 |
| Kerala | 16,194 | 14,844 | 12,145 |
| Pune | 16,194 | 14,844 | 12,145 |
| Vadodara | 16,199 | 14,849 | 12,150 |
| Ahmedabad | 16,199 | 14,849 | 12,150 |
Today’s Silver Rates
Silver trades at ₹370.10 per gram nationally, with Chennai, Hyderabad, and Kerala seeing premiums. Prices per 10g, 100g, and 1kg across key cities.
| City | 10g (₹) | 100g (₹) | 1kg (₹) |
| Chennai | 3,871 | 38,710 | 3,87,100 |
| Mumbai | 3,701 | 37,010 | 3,70,100 |
| Delhi | 3,701 | 37,010 | 3,70,100 |
| Kolkata | 3,701 | 37,010 | 3,70,100 |
| Bangalore | 3,701 | 37,010 | 3,70,100 |
| Hyderabad | 3,871 | 38,710 | 3,87,100 |
| Kerala | 3,871 | 38,710 | 3,87,100 |
| Pune | 3,701 | 37,010 | 3,70,100 |
| Vadodara | 3,701 | 37,010 | 3,70,100 |
| Ahmedabad | 3,701 | 37,010 | 3,70,100 |
Copper Prices Overview
Copper, an industrial metal, trades uniformly around ₹1,271 per kg in India, with per gram at ₹1.27. No major city variations noted; used in electronics and construction.
| Unit | Price (₹) |
| Per Gram | 1.27 |
| Per Kg | 1,271 |
Platinum Prices Today
Platinum stands at about ₹7,888 per gram, or ₹78,880 per 10g, consistent across markets like Mumbai. Per kg around ₹78,88,000; favoured for luxury jewellery.
| Unit | Price (₹) |
| Per Gram | 7,888 |
| Per 10g | 78,880 |
| Per Kg | 78,88,000 |
Why Track Rates in India?
In India, gold and silver symbolize prosperity, driving 25% of global gold demand during wedding seasons. Prices fluctuate with US Fed rates, rupee-dollar parity, and festivals—silver surged 55% in January 2026 alone. Investors eye sovereign gold bonds for tax-free returns, while physical buying suits tradition-bound families in cities.
Factors Driving Prices
Global cues dominate: Trump’s 2025 policies boosted US economy, strengthening dollar and pressuring rupee, thus elevating import costs. Local duties (3% GST) add to city premiums—Chennai often highest due to jewellery hubs. Silver benefits from industrial use in solar panels, up amid green energy push.
Investment Tips
Buy gold ETFs for liquidity if under 30; physical for weddings. Silver suits high-risk portfolios with 55% YTD gains. Check MCX for futures, but novices stick to jewellers. Diversify: 10-15% portfolio in metals hedges inflation. Always verify making charges (5-15%).
City Insights
Mumbai and Delhi match national averages, ideal for standardized buys. Southern cities like Chennai premium 2-3% from export demand.
Historical Trends
Gold dipped ₹1/g today after January volatility—from ₹14,624 (Jan 19) to ₹16,194. Silver rocketed from ₹238/kg (Jan 1) to ₹370k/kg, outperforming amid equity dips. Copper stable, platinum steady for luxury seekers.
Disclaimer: Rates are subject to change. Verify with the respective Seller before Investing.
