Image Source : The Sunday Guardian
On January 26, 2026, gold prices in India held firm after last week’s sharp rally. On the MCX, 24-carat gold traded near ₹1,60,260 per 10 grams, while 22-carat hovered around ₹1,46,900. Prices in Delhi, Mumbai, Kolkata, and other cities remained stable, offering temporary relief to buyers amid global volatility.
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India’s bullion market entered a consolidation phase on Republic Day, with gold and silver prices holding steady after significant swings earlier in the week. On the Multi Commodity Exchange (MCX), gold maintained levels close to ₹1.61 lakh per 10 grams, reflecting investor caution as global cues moderated.
The rally on January 24 had pushed gold up by over ₹3,000 per 10 grams, while silver saw sharp volatility, slipping nearly ₹5,000 per kg before stabilising. Analysts note that easing geopolitical tensions and currency movements have temporarily calmed precious metal markets, though inflation and US Fed policy remain key watch factors.
Key Highlights
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MCX Gold Price: 24-carat at ₹1,60,260/10g, 22-carat at ₹1,46,900/10g.
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Silver Price: Around ₹3,350 per 10g.
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City Prices: Stable in Delhi, Mumbai, Kolkata, Chennai, Bengaluru.
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Recent Rally: Gold surged ₹3,000/10g on January 24; silver dropped ₹5,000/kg before recovery.
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Market Mood: Consolidation phase amid easing global volatility and cautious investor sentiment.
Sources: Times Now, Economic Times, Business Standard
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