Gold Prices Extend Slide to ₹13,506/g on January 1: Latest 24K, 22K and 18K Rates Across India

Gold prices in India corrected further toward the end of December, with the downtrend extending into the new year after the sharp pullback seen earlier. After hovering near recent highs of ₹14,242 per gram for 24K gold on December 27, prices eased to ₹14,171 on December 29, slipped to ₹13,620 on December 30, declined further to ₹13,588 on December 31, and softened again to ₹13,506 per gram on January 1, confirming a decisive late-month and early-year correction. 

The softer move reflects sustained short-term profit booking following the December rally. While volatility increased toward month-end and carried into early January, gold prices continue to trade at relatively elevated levels for the broader period, supported by steady global cues and resilient domestic demand, which have so far limited the risk of a deeper and more prolonged correction. 

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Gold Prices Today in India January 1, 2026

As of 10:50 on  January 1, gold rate today across major Indian cities declines compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

• Gold Price Today in Mumbai: 24K at ₹13,506, 22K at ₹12,380, 18K at ₹10,129. 
• Gold Price Today in Chennai: 24K at ₹13,614, 22K at ₹12,440, 18K at ₹10,375.
• Gold Price Today in Bangalore: 24K at ₹13,506, 22K at ₹12,380, 18K at ₹10,129.
• Gold Price Today in Hyderabad:24K at ₹13,506, 22K at ₹12,380, 18K at ₹10,129. 
• Gold Price Today in Kerala: 24K at ₹13,506, 22K at ₹12,380, 18K at ₹10,129. 
• Gold Price Today in Delhi: 24K at ₹13,521, 22K at ₹12,395, 18K at ₹10,144.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• January 1st: 24K at ₹13,506, 22K at ₹12,380, 18K at ₹10,129. 
• December 31st: 24K at ₹13,588, 22K at ₹12,455, 18K at ₹10,191.  
• December 30th: 24K at ₹13,620, 22K at ₹12,485, 18K at ₹10,193. 
• December 29th: 24K at ₹14,171, 22K at ₹12,990, 18K at ₹10,628. 
• December 27th: 24K at ₹14,242, 22K at ₹13,055, 18K at ₹10,682. 

Gold prices in India softened further into the new year, with 24K gold easing to ₹13,506 per gram on January 1, extending the sharp correction seen at the end of December. Prices had already slipped to ₹13,588 on December 31 and ₹13,620 on December 30, after a steep decline from ₹14,171 on December 29 and ₹14,242 on December 27. The late-month sell-off marked a decisive reversal after gold had traded at elevated levels through most of December.  

The 22K and 18K segments mirrored the downward trend. 22K gold declined to ₹12,380 on January 1 from ₹12,455 on December 31 and ₹12,485 on December 30, following a sharper fall from ₹12,990 on December 29 and ₹13,055 on December 27. Similarly, 18K gold slipped to ₹10,129 on January 1, compared with ₹10,191 on December 31 and ₹10,193 on December 30, down from ₹10,628 on December 29 and ₹10,682 on December 27. 

Despite the sharp correction toward the end of December and into early January, gold prices had remained elevated for most of the month, supported by firm global cues and steady domestic demand. However, aggressive profit booking in the final sessions of the year, followed by continued weakness at the start of January, increased volatility and dragged prices lower across purity segments. 

Gold Market Outlook

Gold prices in India extended their decline into the new year, with the national 24K benchmark easing further to ₹13,506 per gram on January 1, down from ₹13,588 on December 31 and ₹13,620 on December 30. This marks a sharp correction from the late-December highs of ₹14,171 on December 29 and ₹14,242 on December 27, underscoring a clear reversal after prices remained elevated through most of the month. 

Other purities mirrored the downward trend. 22K gold slipped to ₹12,380 per gram on January 1 from ₹12,455 on December 31, while 18K gold declined to ₹10,129 from ₹10,191 over the same period. City-wise prices showed limited variation, with marginally higher rates in Chennai and Delhi, but the overall direction remained uniformly weak across major markets. Despite near-term pressure, sentiment remains cautious rather than outright bearish, as participants continue to track global bullion trends, currency movements, and macroeconomic cues. 

Conclusion

Gold prices in India weakened further at the start of January, with 24K, 22K, and 18K gold at ₹13,506, ₹12,380, and ₹10,129 per gram, respectively. After consolidating at elevated levels earlier in December, the sharp late-month and early-January correction reflects sustained profit booking amid shifting global cues. However, steady underlying demand and regional price stability continue to lend support, keeping the broader outlook stable despite short-term softness.