Gold Reaches ₹1.42 Lakh, Silver Touches ₹2.68 Lakh On January 13 Across Indian Cities
Gold and silver prices surged across Indian cities on January 13, 2026, with gold at ₹1,42,540 and silver at ₹2,68,580. Mumbai leads gold prices at ₹1,42,730 per 10g, while southern cities command premium rates. Silver outperformed gold with Chennai leading at ₹2,64,800 per kg, driven by industrial demand and market premiums.

*this image is generated using AI for illustrative purposes only.
Gold and silver prices have surged across major Indian cities on January 13, 2026, extending the rally in precious metals amid global market volatility and developments surrounding the US Federal Reserve. According to Bullions' website, gold is currently trading at ₹1,42,540 while silver has reached ₹2,68,580, reflecting strong momentum in the precious metals market.
Gold Prices Across Major Cities
The southern markets continue to lead with the highest gold rates across the country. The city-wise gold prices per 10 grams show distinct regional variations:
| City: | Gold Rate (₹ per 10g) |
|---|---|
| Mumbai: | ₹1,42,730 |
| Hyderabad: | ₹1,42,260 |
| Chennai: | ₹1,42,150 |
| Bengaluru: | ₹1,41,840 |
| Kolkata: | ₹1,41,550 |
| Delhi: | ₹1,41,480 |
Mumbai, the financial capital, leads with gold retailing at ₹1,42,730 per 10 grams. Among the southern cities, Hyderabad commands the highest rate at ₹1,42,260, while Chennai follows at ₹1,42,150. Delhi continues to show relatively lower rates compared to other major metros, with 24-carat gold priced at ₹1,41,480 per 10 grams.
Silver Market Performance
Silver has demonstrated exceptional performance, significantly outpacing gold's gains with strong momentum across all major cities. The white metal is trading with an Indian average of ₹2,64,490, showing robust demand patterns.
| City: | Silver Rate (₹ per kg) |
|---|---|
| Chennai: | ₹2,64,800 |
| Hyderabad: | ₹2,64,400 |
| Mumbai: | ₹2,64,000 |
| Delhi: | ₹2,63,500 |
Southern cities continue to command premium rates for silver, with Chennai leading at ₹2,64,800 per kg and Hyderabad at ₹2,64,400 per kg. The higher prices in southern markets are attributed to robust industrial demand and local market premiums that have sustained the price differential.
International Market Context
Global gold prices have steadied after a sharp rally in the previous session, with bullion trading around $4,588 per ounce following a nearly 2.00% surge on Monday. The international market movements have been influenced by developments related to the US Federal Reserve, with concerns over the central bank's independence affecting precious metals trading.
The episode has reignited market volatility, contributing to dollar weakness and pressure on US Treasuries across the yield curve. These international developments continue to support the precious metals rally, with gold having spiked to $4,600 and silver crossing $84 in recent trading sessions, reflecting the broader "sell America" trade sentiment in global markets.















































