CHENNAI: Gold continued to stay in the Rs 1.06 lakh bracket on Thursday (January 15), rising by Rs 80 to Rs 1,06,320 per sovereign (8 grams) and by Rs 10 to Rs 13,290 per gram.
On January 14, 22-carat gold was priced at Rs 1,06,240 per sovereign (8 grams) and Rs 13,280 per gram.
Gold remains significantly higher compared to last year. Prices have surged from Rs 58,720 per sovereign (Rs 7,340 per gram) on January 15, 2025, to Rs 1,06,320 per sovereign (Rs 13,290 per gram) on January 15, 2026, marking an increase of Rs 47,600, or about 81%.
Meanwhile, silver prices increased by Rs 3 to sell for a record Rs 310 per gram (Rs 3,10,000 per kg) on January 15. A gram had cost Rs 307 per gram on Wednesday (January 14).
After a record 2025 rally, the strongest for gold since 1979, geopolitical tensions from Venezuela to Iran and Greenland and fading hopes of a quick end to the Russia-Ukraine war have lifted demand for both precious metals. Questions over Fed independence have added to market uncertainty after the Trump administration launched a criminal investigation against Federal Reserve chair Jerome Powell, prompting central bank chiefs worldwide to voice support for him.
Market focus now shifts to the US Federal Reserve's January 27-28 meeting, where rates are expected to remain unchanged.
January 14, 2026: 1 Sovereign - Rs 1,06,240 | 1 gram - Rs 13,280
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 14, 2026: 1 gram- Rs 307
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