CHENNAI: Gold prices surged by Rs 800 on January 10 (Saturday), reaching the Rs 1.03 lakh bracket. The yellow metal is being sold for Rs 1,03,200 per sovereign (8 grams) and Rs 12,900 per gram, after a rise of Rs 100.
On January 9, the rate of 22-carat gold was Rs 1,02,400 per sovereign and Rs 12,800 per gram.
Gold remains significantly higher compared to last year. Prices have surged from Rs 58,280 per sovereign (Rs 7,285 per gram) on January 10, 2025, to Rs 1,03,200 per sovereign (Rs 12,900 per gram) on January 10, 2026, marking an increase of Rs 44,920, or about 77%.
Meanwhile, silver prices surged by Rs 7 to sell for Rs 275 per gram (Rs 2,75,000 per kg) on January 10. A gram had cost Rs 268 yesterday.
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.
January 9, 2026: 1 Sovereign - Rs 1,02,400 | 1 gram- Rs 12,800
January 8, 2026: 1 Sovereign- Rs 1,02,000 | 1 gram- Rs 12,750
January 7, 2026: 1 Sovereign- Rs 1,02,400 | 1 gram- Rs 12,800
January 6, 2026: 1 Sovereign- Rs 1,02,640 | 1 gram- Rs 12,830
January 5, 2026: 1 Sovereign- Rs 1,02,080 | 1 gram- Rs 12,760
January 9, 2026: 1 gram- Rs 268
January 8, 2026: 1 gram- Rs 272
January 7, 2026: 1 gram - Rs 277
January 6, 2026: 1 gram - Rs 271
January 5, 2026: 1 gram - Rs 266