Gold Silver Price Today Jan 23: In January, the first month of 2026, gold and silver prices have surged to such an extent that all previous records have been broken. The price of gold continues its phenomenal rise, while the dazzling increase in silver prices has created new history. The price of silver is close to ₹3.50 lakh. Silver has been creating a stir in the bullion market since the beginning of January.
Today, on Basant Panchami, January 23, 2026, 24-karat gold in the capital city of Delhi is priced at ₹1,54,450 per 10 grams. Silver prices have also broken records and are above ₹3,24,900 per kilogram. Let’s find out the latest gold and silver prices in major cities across the country and the main reasons for these fluctuations.
Gold Silver Price Today Jan 23: Price of 24, 18, and 14-karat gold (per 10 grams)
| Gold/Silver | Price (₹) |
|---|---|
| 24 Carat Gold | ₹1,54,450 |
| 22 Carat Gold | ₹1,41,590 |
| 18 Carat Gold | ₹1,15,890 |
| Silver | ₹3,24,900 |
24 Carat Gold Rate Today: Latest prices in major cities (Per 10 grams)
| City | 24 Carat Gold Today (₹) | 22 Carat Gold Today (₹) | 18 Carat Gold Today (₹) |
|---|---|---|---|
| Lucknow | ₹1,54,450 | ₹1,41,590 | ₹1,15,870 |
| Jaipur | ₹1,54,450 | ₹1,41,590 | ₹1,15,870 |
| Delhi | ₹1,54,450 | ₹1,41,590 | ₹1,15,870 |
| Patna | ₹1,54,350 | ₹1,41,490 | ₹1,15,770 |
| Mumbai | ₹1,54,300 | ₹1,41,440 | ₹1,15,720 |
| Ahmedabad | ₹1,54,350 | ₹1,41,490 | ₹1,15,770 |
| Pune | ₹1,54,300 | ₹1,41,440 | ₹1,15,720 |
| Kolkata | ₹1,54,300 | ₹1,41,440 | ₹1,15,720 |
| Meerut | ₹1,54,450 | ₹1,41,590 | ₹1,15,870 |
| Ludhiana | ₹1,54,450 | ₹1,41,590 | ₹1,15,870 |
Silver Rate Today, January 23, 2026: Latest rates in major cities
| City | Silver Rate |
|---|---|
| Lucknow | ₹3,24,900 |
| Jaipur | ₹3,24,900 |
| Delhi | ₹3,24,900 |
| Patna | ₹3,24,900 |
| Mumbai | ₹3,24,900 |
| Ahmedabad | ₹3,24,900 |
| Pune | ₹3,24,900 |
| Kolkata | ₹3,24,900 |
| Meerut | ₹3,24,900 |
| Ludhiana | ₹3,24,900 |
Reasons for Gold and Silver Price Rise: Price fluctuations are due to
1. Global geopolitical tensions – Investors consider gold and silver safe-haven investments when wars and international tensions escalate.
2. US Federal Reserve policy – Gold and silver prices rise when interest rates are cut or there are indications of such cuts.
3. Weakness in the dollar – When the dollar weakens, gold and silver become more expensive worldwide.
4. Central bank purchases – Central banks in many countries are rapidly increasing their gold reserves.
5. Fear of a global economic slowdown – In anticipation of a recession, investors move away from risky assets and towards safe-haven assets.
