CHENNAI: Gold prices returned to the Rs 1.01 lakh bracket on Monday, January 5, 2026. After a surge of Rs 640 per sovereign (8 grams), 22-carat gold now priced Rs 1,01,440 per sovereign and Rs 12,680 per gram, up by Rs 80.

On January 3, the yellow metal was priced at Rs 1,00,800 per sovereign and Rs 12,600 per gram.

Gold remains significantly higher compared to last year. Prices have surged from Rs 57,720 per sovereign (Rs 7,215 per gram) on January 4, 2025, to Rs 1,01,440 per sovereign (Rs 12,680 per gram) on January 5, 2026, marking an increase of Rs 43,720, or about 76%.

Meanwhile, silver prices also increased, rising by Rs 8 to sell for Rs 265 per gram (Rs 2,65,000 per kg) on January 5. On January 3, silver had cost Rs 257 per gram.

After a record rally in 2025, when gold marked its steepest annual rise since 1979, gold and silver are expected to remain firm in 2026, supported by global rate-cut expectations, safe-haven demand amid continuing geopolitical tensions, and steady industrial consumption. Market focus is now on the US Federal Reserve’s January 27–28 meeting, where interest rates are expected to remain unchanged.

Gold price (22-carat) over the last five days:

January 3, 2026: 1 Sovereign- Rs 1,00,800 | 1 gram- Rs 12,600

January 2, 2026: 1 Sovereign- Rs 1,00,640 | 1 gram- Rs 12,580

January 1, 2026: 1 Sovereign- Rs 99,520 | 1 gram- Rs 12,440

December 31, 2025: 1 sovereign-Rs 99,480 | 1 gram- Rs 12,480

December 30, 2025: 1 sovereign-Rs 1,00,800 | 1 gram- Rs 12,600

Silver price over the last five days:

January 3, 2026: 1 gram - Rs 257

January 2, 2026: 1 gram - Rs 260

January 1, 2026: 1 gram - Rs 256

December 31, 2025: 1 gram - Rs 257

December 30, 2025: 1 gram - Rs 258