Gold Cools After Record ₹17,900 Spike on January 29: Latest 24K, 22K and 18K Rates Across India

Gold prices in India rallied strongly in the second half of January, breaking out of consolidation and hitting fresh record highs before easing slightly. The 24K benchmark rose from ₹15,431 per gram on January 22 to ₹16,517 by January 28 and spiked to a peak of ₹17,885 on January 29, before correcting to around ₹16,920 on January 30.

Despite the pullback, prices remain well above the earlier ₹15,400–₹15,500 base, highlighting strong bullish momentum, sustained buying interest and elevated volatility in the domestic gold market.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Gold Prices Today in India January 30, 2026

As of 2:36 PM on January 30, 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 ₹16,920, 22K at ₹15,510, 18K at ₹12,690.
• Gold Price Today in Chennai: 24K at ₹17,673, 22K at ₹16,200, 18K at ₹13,500.
• Gold Price Today in Bangalore:24K at ₹16,920, 22K at ₹15,510, 18K at ₹12,690.
• Gold Price Today in Hyderabad: 24K at ₹16,920, 22K at ₹15,510, 18K at ₹12,690.
• Gold Price Today in Kerala: 24K at ₹16,920, 22K at ₹15,510, 18K at ₹12,690.
• Gold Price Today in Delhi: 24K at ₹16,935, 22K at ₹15,525, 18K at ₹12,705.

Recent Gold Price Movements in India

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

• January 30th: 24K at ₹16,920, 22K at ₹15,510, 18K at ₹12,690.
• January 29th: 24K at ₹17,885, 22K at ₹16,395, 18K at ₹13,414.
• January 28th: 24K at ₹16,517, 22K at ₹15,140, 18K at ₹12,388.
• January 27th: 24K at ₹16,195, 22K at ₹14,845, 18K at ₹12,146.
• January 25th: 24K at ₹16,026, 22K at ₹14,690, 18K at ₹12,019.

Gold prices in India surged sharply in late January, breaking out of mid-month consolidation and hitting fresh record highs before easing slightly. The 24K benchmark rose from ₹16,026 on January 25 to ₹16,517 on January 28 and spiked to a peak of ₹17,885 on January 29, before correcting to ₹16,920 on January 30.

Lower purities tracked the move, with 22K climbing from ₹14,690 to ₹16,395 and 18K rising from ₹12,019 to ₹13,414 by January 29, followed by mild pullbacks on January 30. Despite the correction, gold remains well above earlier January levels, indicating consolidation at elevated prices within a still-bullish trend.

Gold Market Outlook

Gold prices in India surged to fresh record highs in late January before easing slightly. The 24K benchmark climbed from ₹16,026 on January 25 to a peak of ₹17,885 on January 29, before correcting to ₹16,920 on January 30 amid profit-taking. Despite the pullback, prices remain well above earlier January levels, indicating a strong underlying uptrend.

Lower purities mirrored the move, with 22K rising to ₹16,395 and 18K to ₹13,414 on January 29, followed by mild corrections on January 30. Overall, gold appears to be consolidating at elevated levels, with the broader bias still tilted to the upside despite heightened volatility.

Conclusion

As of January 30, gold prices in India have cooled from record highs but remain elevated, with 24K around ₹16,920–₹17,673 per gram, 22K near ₹15,510–₹16,200, and 18K close to ₹12,690–₹13,500 across major cities. The sharp rise from the ₹16,000 zone in the final week of January to nearly ₹18,000 on January 29 underscores the strength of the recent uptrend. Broad-based firmness across all purities, led by a sustained premium in Chennai, indicates that the domestic gold market retains a bullish bias despite near-term volatility.