Gold Crosses ₹1.5 Lakh Mark: Today’s Gold Price Surge Explained
Gold prices in India continued their historic surge on January 20, 2026, reaching record levels across major cities. Safe-haven demand amid global economic and geopolitical uncertainty has pushed both international and domestic rates higher.
Current Gold Rates (India)
Here’s how gold is trading today in India per 1 gram (retail bullion prices):
| City | 24K Gold (₹/g) | 22K Gold (₹/g) | 18K Gold (₹/g) |
|---|---|---|---|
| Delhi | ₹14,743 | ₹13,515 | ₹11,061 |
| Mumbai | ₹14,837 | ₹13,600 | ₹11,128 |
| Chennai | ₹14,848 | ₹13,610 | ₹11,355 |
| Bengaluru | ₹14,837 | ₹13,600 | ₹11,128 |
| Kolkata | ₹14,837 | ₹13,600 | ₹11,128 |
| Hyderabad | ₹14,837 | ₹13,600 | ₹11,128 |
| Pune | ₹14,837 | ₹13,600 | ₹11,128 |
| Ahmedabad | ₹14,842 | ₹13,605 | ₹11,133 |
| (Prices approximate — citywise rates vary slightly) |
💡 Example: 24-karat gold is roughly ₹14,700–₹14,850 per gram today.
Higher Price Milestones
- Gold has crossed ₹1.5 lakh per 10 grams in many markets — a record high level for India.
- This rally reflects strong demand from investors as a hedge against geopolitical tensions and currency headwinds.
Why Are Prices Rising?
1. Global Geopolitical Uncertainty
Gold’s safe-haven appeal has strengthened due to rising tensions across global markets, pushing investors toward bullion.
2. International Price Rally
Spot gold on global markets has reached multi-year highs (above USD levels not seen before), which filters into local Indian rates after currency conversion.
3. Weaker Rupee & Higher Demand
A weaker Indian rupee versus the US dollar makes imported gold more expensive domestically, adding pressure to retail prices.
What Does It Mean for Buyers and Investors?
For Buyers:
- Jewellery and coins will cost more than ever.
- Retail prices include making charges + GST, which can significantly increase the final purchase cost (often above the raw metal rate).
For Investors:
- Record price levels may signal continued interest as a hedge against inflation and market volatility.
- Some analysts suggest prices could stay elevated if global uncertainty persists.
Quick Summary
📌 Date: January 20, 2026
📌 24K Gold Rate (India): ~₹14,700–₹14,850 per gram
📌 22K Gold Rate (India): ~₹13,500–₹13,600 per gram
📌 18K Gold Rate (India): ~₹11,000–₹11,350 per gram
📌 10 g 24K Gold: ~₹1.47–₹1.49 lakh (all-time highs)
Gold continues its bull run, driven by global demand and domestic market dynamics — making now a noteworthy moment for both buyers and investors.
