Gold and silver fell on today’s market as profit booking by many investors after a strong rally and due to the strengthening of the US Dollar.
Gold Update
Spot gold dropped 1.1% compared to yesterday, reaching its highest value. Now the price is $4447 per ounce.
In India, the rate of 24K gold stands at ₹13,827 per gram, down by ₹55; the 22K gold rate is ₹12,675 per gram, lower by ₹50; and 18K gold is priced at ₹10,371 per gram, down by ₹41. Silver prices moved higher, with silver trading at ₹257 per gram (+₹4) and ₹2,57,000 per kilogram (+₹4,000).
Today’s Market Rates
Prices in ₹ per gram (silver also shown per kg)
Updated 7 Jan 2026
| Metal / Purity | Price | Change |
|---|---|---|
| 24K Gold (1g) | ₹13,827 | ▼ ₹55 |
| 22K Gold (1g) | ₹12,675 | ▼ ₹50 |
| 18K Gold (1g) | ₹10,371 | ▼ ₹41 |
| Silver (1g) | ₹257 | ▲ ₹4 |
| Silver (1kg) | ₹2,57,000 | ▲ ₹4,000 |
Prices may vary slightly by city. Use our Gold Rate Calculator to get exact purity-based rates.
Silver Update
Silver also went below $80 on the opening of the market after yesterday’s rally. Yesterday’s market silver reached $83 after a long dip; today the prices are maintaining at $78-$80.
MCX Update
On the Multi-Commodity Exchange (MCX), gold and silver were traded at,
MCX Gold & Silver Futures — Today
MCX update as of 7 Jan 2026 | IST
MCX prices are indicative and may change during live trading hours.
Data taken based on market rates from bullion dealers and public market sources.
An expert says, the gold and silver will come back to the rally, as a Fed rate cut may support the gold and silver prices as they become more attractive than interest-earning assets.
However, there will be short-term uncertainties, and we have not confirmed how many cuts there will be or when they will be done.
Another main reason that will support gold and silver is geopolitical risk; ongoing US action in Venezuela and rising global tension, including in East Asia, continue to support bullion prices. 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.
