Gold price today: Precious metals continued their strong upward momentum on Friday, hitting fresh all-time highs across both domestic and international markets. Supported by firm global cues, easing risk appetite, and sustained investor demand, gold and silver prices extended their rally for the fourth and fifth consecutive sessions, respectively.
Gold Hits Record High on MCX
On the Multi Commodity Exchange (MCX), gold crossed the historic ₹1.39 lakh mark per 10 grams for the first time.
- Gold futures (February delivery) rose by ₹1,119 or 0.81%
- Touched a new lifetime high of ₹1,39,216 per 10 grams
- This marked the fourth straight session of gains
Domestic commodity markets were shut on Thursday due to Christmas, adding to pent-up buying interest when markets reopened.
Silver Surges to New Lifetime High
Silver continued its blistering rally, outperforming gold.
- Silver futures (March 2026 contract) surged ₹8,951 or 4%
- Hit a record high of ₹2,32,741 per kg
- Silver has jumped ₹29,176 (over 14%) since December 18
The sharp rally reflects strong industrial demand expectations and bullish global sentiment toward precious metals.
Global Gold and Silver Prices Today
Bullion prices also surged in overseas markets:
- Spot gold rose 0.6% to $4,504.79 per ounce by 04:23 GMT
- Earlier touched a record high of $4,530.60 per ounce
- On Comex, silver jumped 3.6% to $74.56, after hitting an all-time high of $75.14
Global uncertainty, expectations of softer monetary policy, and continued central bank buying remain key drivers.
Gold Price Today: City-Wise Rates in India
Here’s a look at today’s gold prices across major Indian cities for 18-carat, 22-carat, and 24-carat gold.
Gold Price Today in Delhi
- 24K Gold: ₹14,017 per gram
- 22K Gold: ₹12,850 per gram
- 18K Gold: ₹10,517 per gram
Gold Price Today in Mumbai
- 24K Gold: ₹14,002 per gram
- 22K Gold: ₹12,835 per gram
- 18K Gold: ₹10,502 per gram
Gold Price Today in Bengaluru
- 24K Gold: ₹14,002 per gram
- 22K Gold: ₹12,835 per gram
- 18K Gold: ₹10,502 per gram
Gold Price Today in Hyderabad
- 24K Gold: ₹14,002 per gram
- 22K Gold: ₹12,835 per gram
- 18K Gold: ₹10,502 per gram
Gold Price Today in Kolkata
- 24K Gold: ₹14,002 per gram
- 22K Gold: ₹12,835 per gram
- 18K Gold: ₹10,502 per gram
Gold Price Today in Chennai
- 24K Gold: ₹14,062 per gram
- 22K Gold: ₹12,890 per gram
- 18K Gold: ₹10,760 per gram
Gold Price Today in Ahmedabad
- 24K Gold: ₹14,007 per gram
- 22K Gold: ₹12,840 per gram
- 18K Gold: ₹10,507 per gram
Why Gold Prices Are Rising
Analysts attribute the sharp rise in gold prices to multiple factors:
- Strong global cues and record international prices
- Safe-haven demand amid economic uncertainty
- Rising silver prices boosting overall bullion sentiment
- Anticipation of interest-rate cuts by global central banks
What Should Investors Do?
Experts advise investors to:
- Avoid aggressive buying at record highs
- Accumulate gradually on dips
- Consider gold for long-term portfolio diversification
Jewellers, meanwhile, expect near-term volatility but believe demand will remain strong ahead of the upcoming wedding and festive season.
Disclaimer
Gold prices vary by city due to local taxes, making charges, and jeweller premiums. Rates mentioned are indicative and subject to change.
Source: MCX, Comex, and market data from domestic bullion dealers.