Gold and Silver Prices Hold Firm Across Major Cities; Delhi, Mumbai, Hyderabad Rates Near Record Highs

Precious metals continued to dominate investor sentiment as gold and silver prices held firm across major Indian cities on January 30, 2026. The resilience comes despite recent corrections in international bullion markets, with domestic demand and rupee movements keeping rates near record highs.

Key Highlights:

• Delhi: 24K gold priced at ₹1,79,010 per 10 grams; silver at ₹4,10,100 per kg.
• Mumbai: 24K gold at ₹1,78,860 per 10 grams; silver steady at ₹4,10,100 per kg.
• Hyderabad: Gold rates aligned with national averages, hovering near ₹1,78,900 per 10 grams; silver at ₹4,10,000 per kg.

Market Drivers:

• Global volatility in bullion markets.
• Safe-haven demand amid geopolitical uncertainty.
• Rupee fluctuations against the US dollar impacting import costs.
   
• Investor Outlook: Analysts expect continued firmness in prices, with seasonal buying and global cues shaping near-term trends.

The sustained high levels of gold and silver underline their role as preferred assets during uncertain times, both for investment and cultural consumption in India.

Sources: Reuters, GoodReturns, Economic Times