- Gold and silver prices fell in major Indian cities on Jan 22, 2026, after tariff threat withdrawal
- Gold rates highest in Chennai at Rs 153,980 per 10 grams, lowest in Delhi at Rs 153,270
- Silver traded at Rs 317,230 per kg on average, with Chennai showing highest local prices
Gold and silver prices traded lower across major Indian cities on Thursday, Jan. 22, 2026, as the precious metals felt the pressure of US President Donald Trump withdrawing the threat to impose tariffs on European nations, and said a "framework of a future deal" over Greenland had been agreed.
Today, gold is trading at Rs 153,810 while silver is at Rs 317,230, according to the India Bullions' website.
Gold Rates Today
In Mumbai, the financial heart of the country, 24-carat gold is retailing at approximately Rs 153,530 per 10 grams. Kolkata follows a similar upward trend, with its gold rate reported at Rs 153,330. Both cities have outpaced the national capital, Delhi, where the 24-carat rate currently stands at Rs 153,270.
The southern markets, however, continue to record the highest figures in the country. Chennai leads the metros with a peak rate of Rs 153,980, while Hyderabad and Bengaluru follow closely at Rs 153,780 and Rs 153,660 respectively, further widening the price gap between the southern hubs and the capital.
Gold Rates: City-Wise
The following rates are as per 10 grams of gold.
- Mumbai: Rs 153,530
- Delhi: Rs 153,270
- Bengaluru: Rs 153,660
- Chennai: Rs 153,980
- Hyderabad: Rs 153,780
- Kolkata: Rs 153,330
Silver Rates Today
Silver rallied even more than gold levels with an Indian average at Rs 317,230. The white metal was trading at Rs 316,660 in Mumbai, according to Bullion's website.
Today, silver in Delhi is trading at approximately Rs 316,110 per kg, while in southern cities like Chennai and Hyderabad, the price is even higher at Rs 317,580 and Rs 317,160 per kg due to local demand and tax variations.
Gold And Silver Rates In International Market
Bloomberg reported that bullion fell as much as 1.1% in early trading, pulling back after three days of gains that had taken it to an all-time high above $4,888 an ounce on Wednesday. Meanwhile, silver slid 2.1% to $91.13.
Gold prices have climbed more than 70% over the past year, repeatedly hitting new highs, and the strong momentum has carried into early 2026. Turbulence in the global political landscape, combined with renewed criticism of the US Federal Reserve by the Trump administration, has weakened confidence in the dollar and boosted demand for precious metals.
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