New Delhi | January 8, 2026
Gold and silver prices witnessed notable movement in the Indian bullion market on Wednesday, January 8, 2026. While silver continued trading close to its all-time high, gold prices slipped marginally after showing strength during early trade.
Gold Rate Today in India
Across major Indian cities, gold prices remained elevated despite a mild intraday correction.
24 Carat Gold: Averaging between ₹1,37,000 and ₹1,38,500 per 10 grams
22 Carat Gold: Trading around ₹1,25,000 to ₹1,26,700 per 10 grams, commonly used for jewelry
City-wise 24 Carat Gold Prices (per 10 grams)
Delhi: ₹1,38,020
Mumbai: ₹1,37,370
Chennai: ₹1,38,660
Kolkata: ₹1,38,080
Silver Price Today in India
Silver prices have surged sharply this week, hovering near record levels in domestic markets. Some reports indicate silver touched a new peak of ₹2,57,100 per kilogram.
Delhi, Mumbai, Kolkata: ₹2,54,100 to ₹2,56,000 per kg
Chennai & Hyderabad: ₹2,72,100 to ₹2,77,100 per kg, driven by stronger southern market demand
Key Factors Driving Price Movement
Global Geopolitical Tensions: Rising tensions between the United States and Venezuela have pushed investors toward safe-haven assets such as gold.
Industrial Demand: Silver prices continue to rise due to strong demand from the electric vehicle (EV) and solar energy sectors.
Wedding Season Demand: Ongoing wedding season in India has kept jewelry demand firm, supporting gold prices despite minor fluctuations.
Market participants remain cautious, closely tracking global developments and industrial consumption trends that could further influence bullion prices in the coming days.
