Gold Prices Hold Near Highs at ₹14,340/g on January 16: Latest 24K, 22K and 18K Rates Across India

Gold prices in India remained firm by January 16, consolidating near recent highs after the strong early-January rebound. 24K gold stood at ₹14,340 per gram, slightly below the January 14 peak of ₹14,362 but still well above ₹14,253 on January 13, ₹14,215 on January 12, ₹14,046 on January 10 and ₹13,871 on January 9. Prices continue to trade decisively above the January 7 high of ₹13,948 and far above the New Year low of ₹13,506, underscoring the strength of the recovery from the early-month dip.

The brief pullback from the January 14 top appears to reflect mild profit booking rather than a reversal, with the broader structure of higher highs and higher lows still intact. Although bullion remains marginally below its late-December peak, the ability to hold above the ₹14,300 level signals sustained buying interest, while near-term moves are likely to stay sensitive to global gold trends and currency fluctuations.

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Gold Prices Today in India January 16, 2026

As of 10:40 AM on January 16, 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 ₹14,340, 22K at ₹13,145, 18K at ₹10,755.
• Gold Price Today in Chennai: 24K at ₹14,433, 22K at ₹13,230, 18K at ₹11,050.
• Gold Price Today in Bangalore:24K at ₹14,340, 22K at ₹13,145, 18K at ₹10,755.
• Gold Price Today in Hyderabad: 24K at ₹14,340, 22K at ₹13,145, 18K at ₹10,755.
• Gold Price Today in Kerala: 24K at ₹14,340, 22K at ₹13,145, 18K at ₹10,755.
• Gold Price Today in Delhi: 24K at ₹14,355, 22K at ₹13,160, 18K at ₹10,770.

Recent Gold Price Movements in India

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

• January 16th: 24K at ₹14,340, 22K at ₹13,145, 18K at ₹10,755.
• January 14th: 24K at ₹14,362, 22K at ₹13,165, 18K at ₹10,772.
• January 13th: 24K at ₹14,253, 22K at ₹13,065, 18K at ₹10,690.
• January 12th: 24K at ₹14,215, 22K at ₹13,030, 18K at ₹10,661.
• January 10th: 24K at ₹14,046, 22K at ₹12,875, 18K at ₹10,534.  

Gold prices in India remained firm through January 16, consolidating near recent highs after the sharp rebound seen earlier in the month. 24K gold stood at ₹14,340 per gram on January 16, slightly below the recent peak of ₹14,362 on January 14 but still well above ₹14,253 on January 13, ₹14,215 on January 12 and ₹14,046 on January 10. Despite the mild pullback from the January 14 top, prices continue to trade decisively above the early-month base near ₹13,800 and the January 7 high of around ₹13,948, indicating that the broader recovery trend remains intact.

Lower purities showed a similar pattern. 22K gold was at ₹13,145 per gram on January 16, marginally lower than ₹13,165 on January 14 but higher than ₹13,065 on January 13, ₹13,030 on January 12 and ₹12,875 on January 10, staying comfortably above its earlier peak near ₹12,785. Likewise, 18K gold eased slightly to ₹10,755 on January 16 from ₹10,772 on January 14, but remained above ₹10,690, ₹10,661 and ₹10,534 in the preceding sessions, holding well over its prior high of around ₹10,461. Overall, the price action suggests that after a strong early-January rally, gold is entering a phase of mild consolidation near elevated levels, with the underlying upward bias still intact as the month progresses.

Gold Market Outlook

Gold prices in India remained firm through January 16, consolidating near recent highs after the strong rebound seen earlier in the month. The national 24K benchmark stood at ₹14,340 per gram on January 16, marginally below the recent peak of ₹14,362 on January 14 but well above ₹14,253 on January 13, ₹14,215 on January 12 and ₹14,046 on January 10. Prices continue to trade decisively above the January 7 high of around ₹13,948 and the early-month low near ₹13,800, indicating that the broader recovery from the late-December correction remains intact despite mild profit booking at higher levels.

Other purities showed a similar pattern. 22K gold eased slightly to ₹13,145 per gram on January 16 from ₹13,165 on January 14, but stayed higher than ₹13,065 on January 13, ₹13,030 on January 12 and ₹12,875 on January 10, holding comfortably above its earlier peak of ₹12,785. Likewise, 18K gold was at ₹10,755, just below ₹10,772 on January 14 but well above ₹10,690, ₹10,661 and ₹10,534 in the preceding sessions, remaining over its prior high near ₹10,461. City-wise, prices remained largely aligned. Mumbai, Bangalore, Hyderabad and Kerala quoted 24K gold at ₹14,340 per gram, Delhi was marginally higher at ₹14,355, while Chennai continued to command a premium at ₹14,433, reflecting local tax and demand-supply variations.

Conclusion

By January 16, gold in India was trading at around ₹14,340 per gram for 24K, ₹13,145 for 22K and ₹10,755 for 18K, consolidating near the multi-day highs reached earlier in the week. The move from the January 9–10 levels to the current range underscores a strong recovery phase, even as the slight dip from the January 14 peak suggests some profit booking at elevated levels. Overall, the consistent strength across purities and broadly uniform city-wise prices point to a stable upward bias, with sentiment supported by sustained buying interest and sensitivity to global bullion cues and currency movements.