Gold Prices Surge: January 18, 2026 Update

On January 18, 2026, gold prices in India have shown a significant increase, with 24-carat gold rising by ₹3,320 per 10 grams. This surge is driven by global demand, a weakening dollar, and seasonal festivities. The international market also reflects a stable trend, trading around $4,603-$4,610 per ounce. Major cities like Delhi, Mumbai, and Chennai report varying rates, influenced by local demand and taxes. As the wedding season approaches, the demand for gold is expected to rise further. Stay tuned for more updates on this precious metal's market dynamics.

By Narendra Chaudhary Jan 18, 2026, 10:45 IST

Current Gold Prices in India

As of January 18, 2026, gold prices in India continue to show strength on a weekly basis. Over the past week, the price of 24-carat gold has increased by approximately ₹3,320 per 10 grams, while 22-carat gold has risen by ₹3,050. This upward trend is attributed to heightened demand in global markets, a weakening US dollar, and a growing preference for safe investments.

Today's Gold Rates

Current Prices (January 18, 2026):

Delhi: 24-carat gold at ₹1,43,930 per 10 grams (around ₹14,393 per gram)

22-carat gold at approximately ₹1,31,800 per 10 grams (around ₹13,180 per gram)

These rates are sourced from leading jewelers and market sources. Additional local taxes, making charges, and GST may apply.

International Market Update

In the international market, the spot price of gold is trading around $4,603-$4,610 per ounce today. Recently, it approached a record high of $4,641 but has stabilized after some corrections. The weakness of the dollar index and expectations of a Federal Reserve rate cut are providing support for gold prices.

Gold Rates in Major Cities

Today's Gold Rates (per 10 grams, estimated/average):

Mumbai: 24K – ₹1,43,500-1,43,890 | 22K – ₹1,31,400-1,31,800

Chennai: 24K – ₹1,43,700-1,44,000 (some sources report slightly higher) | 22K – ₹1,31,600+

Kolkata: 24K – ₹1,43,200-1,43,600 | 22K – ₹1,31,200+

Bengaluru/Hyderabad: 24K – ₹1,43,000-1,43,800 | 22K – ₹1,31,000-1,31,700

Ahmedabad: 24K – ₹1,43,400+ | 22K – ₹1,31,300+

(Note: Prices may vary slightly in different cities due to local demand, taxes, and jewelers. For the latest updates, check with local jewelers or reliable apps.)

Reasons for Price Increase

Global uncertainty and increased demand for safe investments.

Gold provided strong returns in 2025, with predictions of prices exceeding $5,000 per ounce in 2026.

Increased demand during the wedding and festival season in India (Lohri, Pongal, etc.).