CHENNAI: Gold pushed to yet another all-time high on Wednesday (January 14), with investors piling into safe-haven assets amid rising geopolitical tensions, a weakening dollar, and growing expectations of US Federal Reserve rate cuts.
The shiny metal soared by Rs 880 per sovereign to cross the Rs 1.06 lakh mark. It is now priced at Rs 1,06,240 per sovereign (8 grams) and Rs 13,280 per gram, a rise of Rs 110.
On January 13, gold was priced at Rs 1,05,360 per sovereign and Rs 13,170 per gram, up by Rs 50.
Gold remains significantly higher compared to last year. Prices have surged from Rs 58,640 per sovereign (Rs 7,330 per gram) on January 14, 2025, to Rs 1,06,240 per sovereign (Rs 13,280 per gram) on January 14, 2026, marking an increase of Rs 47,600, or about 81%.
Silver Surges
Meanwhile, silver prices surged by Rs 15 to sell for Rs 307 per gram (Rs 3,07,000 per kg) on January 14. A gram had cost Rs 292 per gram on Tuesday (January 13).
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 13, 2026: 1 Sovereign - Rs 1,05,360 | 1 gram - Rs 13,170
January 12, 2026: 1 Sovereign - Rs 1,04,960 | 1 gram- Rs 13,120
January 10, 2026: 1 Sovereign- Rs 1,03,200 | 1 gram- Rs12,900
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 13, 2026: 1 gram- Rs 292
January 12, 2026: 1 gram- Rs 287
January 10, 2026: 1 gram- Rs 275
January 9, 2026: 1 gram- Rs 268
January 8, 2026: 1 gram- Rs 272