Gold and silver opened with a strong upward rally on the first day of 2026, continuing the trend of last year, which is supported by global uncertainties, expectations of interest rate cuts, and strong demand from investors and industries.
Gold Update
Gold opened today around $4360 per ounce, extending a strong trend. Gold gained 65% last year and delivered the best performance in 2025 in over 40 years.
In India, the rate of 24K gold is ₹13,620 per gram, up by ₹114; the 22K gold rate is ₹12,485 per gram, higher by ₹105; and 18K gold is priced at ₹10,215 per gram, up by ₹86. Silver prices also moved higher, with silver trading at ₹242 per gram (+₹4) and ₹2,42,000 per kilogram (+₹4,000).
Today’s Market Rates
Prices in ₹ per gram (silver also shown per kg)
Updated 2 Jan 2026
| Metal / Purity | Price | Change |
|---|---|---|
| 24K Gold (1g) | ₹13,620 | ▲ ₹114 |
| 22K Gold (1g) | ₹12,485 | ▲ ₹105 |
| 18K Gold (1g) | ₹10,215 | ▲ ₹86 |
| Silver (1g) | ₹242 | ▲ ₹4 |
| Silver (1kg) | ₹2,42,000 | ▲ ₹4,000 |
Prices may vary slightly by city. Use our Gold Rate Calculator to get exact purity-based rates.
This hike is because of continuous geopolitical tensions, strong demand, Fed rate cuts, Central Bank buying, and ETF inflows that continue to support the price and make gold a safe-haven metal.
Silver Update
Silver moved higher by 3%; it was around $74 per ounce at the start of 2026 and also made a record-breaking 148% hike in 2025. Silver is named as a critical metal in the US, and it has a tight supply. Strong industrial usage has made silver a safe-haven metal
MCX Update
On the Multi-Commodity Exchange (MCX), gold and silver were traded at,
MCX Gold & Silver Futures — Today
MCX update as of 1 Jan 2026 | IST
Data taken based on market rates from bullion dealers and public market sources.
Gold and silver ended slightly below, but this abnormal price increase achievement made history with a positive outlook ahead. Visit PreciousMetal.in for the latest gold and silver news and daily gold and silver prices.
