January 12 Market Update: Gold and Silver Rates in Mumbai, Delhi, Chennai

India witnessed a firm uptick in gold and silver prices today, January 12, 2026, as global economic uncertainty and investor preference for safe-haven assets supported demand. The rise was consistent across major metros, highlighting gold’s enduring appeal for both investment and cultural significance.

Key Highlights:

• Mumbai: 24-carat gold priced at approx. ₹13,940 per 10 grams.
• Delhi: Rates hover around ₹13,621 per 10 grams for 24-carat gold.
• Chennai: Gold trades near ₹14,045 per gram, reflecting strong local demand.
• Silver: Prices surged to ₹2,42,100–₹2,52,380 per kg across cities.
• Global Factors: Geopolitical tensions, fluctuating bond yields, and currency movements continue to influence precious metal prices.
• Domestic Demand: Weddings and festivals sustain steady buying interest, adding to the upward momentum.

Gold remains a preferred hedge against inflation and volatility, making today’s price surge a significant marker for investors and households alike.

Sources: Times Now, India.com, News24, DNA India, NDTV Profit