Introduction:
Gold prices in India remained elevated on Monday, January 12, 2026, tracking strong global bullion trends. A combination of geopolitical uncertainty, softer global risk sentiment, and expectations of easier monetary conditions in the US has kept safe-haven demand elevated for precious metals.
Today’s Gold & Silver Rates (Jan 12, 2026)
Note: The following are retail average prices based on Goodreturns data. Gold rates are per 10 grams; silver rates are per kilogram. Actual prices may vary by city, jeweller, taxes, and making charges.
| Category | Price |
|---|---|
| 24K Gold (99.9%) | ₹1,40,450 / 10g |
| 22K Gold (Jewellery) | ₹1,28,740 / 10g |
| 18K Gold | ₹1,05,330 / 10g |
| Silver (1 kg) | ₹2,59,900 |
Source: Goodreturns (India), January 12, 2026.
What’s Supporting Prices Today?
Market commentary points to several factors supporting bullion prices:
- Geopolitical tensions: Ongoing global uncertainties have increased demand for safe-haven assets.
- US dollar sentiment: Recent market moves suggest pressure on the US dollar, which typically benefits gold prices.
- Interest-rate expectations: Investors continue to price in the possibility of easier monetary policy in the US, a scenario historically supportive of non-yielding assets like gold.
These themes have been widely reflected in global and Indian business market coverage over the past week.
Sovereign Gold Bond (SGB) Update
- As of January 12, 2026, the RBI has not officially announced any new SGB tranche for FY 2025–26.
- Investor attention is currently on premature redemption windows for older SGB series, including bonds issued during 2018–19, which are eligible for early exit during this phase as per RBI schedules.
Any announcement on new issuances would require an official notification from the Reserve Bank of India.
Seasonal Context: Pongal & Jewellery Demand
With Pongal and the wedding season underway in parts of India, elevated gold prices may translate into higher jewellery costs for consumers. Market participants note that demand remains steady despite higher rates, reflecting gold’s cultural and financial significance.
Key Highlights / Summary Box:
- 24K gold trades near ₹1.4 lakh per 10 grams on Jan 12, 2026
- Silver holds firm around ₹2.6 lakh per kg
- Global uncertainty and rate expectations continue to support bullion prices
Conclusion
Gold and silver prices remain elevated as global factors continue to favour safe-haven assets. While price levels are high by recent standards, bullion remains closely tied to international developments and currency movements.
FAQs
A1: As per retail averages, 24K gold is priced at around ₹1,40,450 per 10 grams.
A2: Silver is trading at around ₹2,59,900 per kg, based on retail market averages.
Disclaimer
This article is for informational purposes only and does not constitute financial or investment advice. Prices are indicative and may vary by location.
