Gold is having a serious moment right now. As of Tuesday, January 6, 2026, the prices have hit levels that would have seemed wild a year ago.1 We’re looking at ₹13,882 per gram for 24K.2 That’s not a typo.
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The thing is, it’s not just “wedding season” demand anymore. There’s a whole storm of global messiness driving this. Let’s be real, when the U.S. detains a head of state—like Venezuela’s President Maduro—and starts talking about asset seizures, everyone with money gets twitchy. That’s exactly what happened this week.
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The Gold Log: January 6, 2026
It’s a live, raw situation. Gold is the “safe house” everyone is running toward.3
The Venezuela Spark: Geopolitical tension is through the roof. The U.S.-Venezuela situation has added a massive “fear premium” to the price.4
The Central Bank Flex: It’s not just people buying jewelry. Central banks are stockpiling gold like it’s going out of style—expected to grab over 750 tonnes this year alone.5
The “Cheaper” Cities: If you’re in Mumbai or Kolkata, you’re seeing that ₹13,882 rate.6 But Chennai? You’re paying a premium at ₹13,997.7 Those too.
City-Wise Breakdown (Per Gram)
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[Table: Gold & Silver Rates Today – Jan 6, 2026]
| City | 24K Gold (1g) | 22K Gold (1g) | 18K Gold (1g) | Silver (1kg) |
| Delhi | ₹13,897 | ₹12,740 | ₹10,427 | ₹2,53,000 |
| Mumbai | ₹13,882 | ₹12,725 | ₹10,412 | ₹2,53,000 |
| Chennai | ₹13,997 | ₹12,830 | ₹10,700 | ₹2,71,000 |
| Bangalore | ₹13,882 | ₹12,725 | ₹10,412 | ₹2,53,000 |
| Kolkata | ₹13,882 | ₹12,725 | ₹10,412 | ₹2,53,000 |
What Draws People There…
And here’s the kicker: Silver is moving even faster. It’s up nearly 2% today.8 Why? Because it’s not just a “poor man’s gold” anymore. It’s in every solar panel, every EV battery, and every AI server being built.
The thing is, we’re seeing a “structural rally.” It’s messy. It’s volatile. Some analysts are even whispering about $5,000 per ounce on the global market by December.9 For now, the domestic price is being propped up by a weak Rupee and that constant geopolitical heat. It’s an ongoing situation, so don’t expect these numbers to sit still for the evening.
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End…
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