Gold Prices Experience Slight Decline on January 17, 2026
Current Trends in Gold Pricing
On January 17, 2026, the price of gold in the country has seen a minor decrease. Compared to yesterday, the prices have stabilized, indicating a slight market improvement. In Delhi, the cost of 24-carat gold has reached approximately ₹143,540 per 10 grams, while in Mumbai, it stands around ₹143,390 per 10 grams.
International Gold Market Update
In the global market, the spot price of gold has dropped to trade between approximately $4,603 and $4,610 per ounce, which is lower than the peak observed yesterday.
Today's Gold Rates in Major Cities
Delhi: ₹1,43,540 – ₹1,43,890
Mumbai: ₹1,43,390
Kolkata: ₹1,43,390
Chennai: Slightly higher, around ₹1,43,700+ (with local variations)
Understanding the Price Fluctuations
(Note: These rates are compiled from various sources and may vary slightly based on jewelers, taxes, and making charges. Typically, 22-carat gold is about 8-9% lower than 24-carat, for instance, in Delhi, it is priced at ₹1,31,440 – ₹1,31,920 per 10 grams. For precise rates, consult local jewelers or official sites like MCX/Goodreturns.)
This decline is attributed to global economic indicators, the strengthening of the dollar, and profit booking activities. Nevertheless, gold remains robust in the long term due to ongoing central bank purchases and prevailing uncertainties.