Gold prices in Delhi moved higher on Monday, January 12, in line with a sharp rally in global precious metals. The price of 24 karat gold in Delhi stood at Rs 14,230 per gram, while 22 karat gold was priced at Rs 13,045 per gram and 18 karat gold traded at Rs 10,676 per gram.
The rise in domestic gold prices mirrors strong global momentum as bullion surged to record levels amid escalating geopolitical tensions, softer US economic data and growing expectations of interest rate cuts.
Gold price in Delhi today (per gram)
| Gold Purity | Price in Delhi | Change |
|---|---|---|
| 24K Gold | Rs 14,230 | — |
| 22K Gold | Rs 13,045 | — |
| 18K Gold | Rs 10,676 | — |
24K gold price today in Delhi
| Quantity | Today |
|---|---|
| 1 gram | Rs 14,230 |
| 8 grams | Rs 1,13,840 |
| 10 grams | Rs 1,42,300 |
| 100 grams | Rs 14,23,000 |
22K gold price today in Delhi
| Quantity | Today |
|---|---|
| 1 gram | Rs 13,045 |
| 8 grams | Rs 1,04,360 |
| 10 grams | Rs 1,30,450 |
| 100 grams | Rs 13,04,500 |
18K gold price today in Delhi
| Quantity | Today |
|---|---|
| 1 gram | Rs 10,676 |
| 8 grams | Rs 85,408 |
| 10 grams | Rs 1,06,760 |
| 100 grams | Rs 10,67,600 |
Why are gold prices rising sharply today?
Gold prices surged sharply on Monday, crossing the $4,600 per ounce mark for the first time ever, as geopolitical tensions, weak US economic data and rising expectations of interest rate cuts drove strong safe-haven demand. Silver also joined the rally, touching an all-time high alongside gains across the broader precious metals complex.
Geopolitical risks boost demand for gold
One of the key drivers behind the surge in gold prices has been the sharp rise in global geopolitical uncertainty. Unrest in Iran has intensified, with reports indicating that more than 500 people have been killed amid widespread protests. Tensions escalated further after Iran warned of targeting US military bases if President Donald Trump proceeds with renewed threats of military action.
At the same time, the US has taken aggressive geopolitical positions elsewhere, including the removal of Venezuelan President Nicolás Maduro and renewed discussions around acquiring Greenland. These developments have increased global risk aversion, encouraging investors to shift towards safe-haven assets such as gold and silver.
US jobs data fuels rate-cut expectations
Gold’s rally has also been supported by weaker-than-expected US employment data. December job growth slowed sharply, with losses reported across sectors such as construction, retail and manufacturing. Although the unemployment rate edged lower, the data reinforced expectations that the US labour market is cooling.
Markets are now pricing in at least two Federal Reserve rate cuts this year. Lower interest rates typically support non-yielding assets like gold, making the metal more attractive relative to bonds and other yield-generating instruments.
Fed-related uncertainty adds to market anxiety
Investor sentiment has also been affected by political pressure on the Federal Reserve. Federal Reserve Chair Jerome Powell recently revealed that the Trump administration had threatened him with criminal charges linked to past congressional testimony. The development has raised concerns around policy independence and financial stability, further strengthening demand for precious metals.
FAQs: gold prices in Delhi
What is the gold price in Delhi today?
Gold prices in Delhi today are Rs 14,230 per gram for 24K gold, Rs 13,045 per gram for 22K gold and Rs 10,676 per gram for 18K gold.
Why is gold slightly costlier in Delhi than some other cities?
Minor differences in gold prices across cities are influenced by local taxes, transportation costs and jeweller margins.
Do these gold prices include GST and making charges?
No, the quoted prices are indicative and do not include GST, TCS or jewellery making charges.
Does Delhi gold price track global markets?
Yes, gold prices in Delhi closely follow international bullion prices, currency movements and global risk sentiment.