24 Carat Gold Rate in Delhi Today: Why Prices Are Smashing Records

24 Carat Gold Rate in Delhi Today: Why Prices Are Smashing Records

Waking up to check the 24 carat gold rate in delhi today has become something of a ritual for many, but honestly, the numbers flashing on the screens right now are enough to make anyone do a double-take. As of Sunday, January 18, 2026, the price for 10 grams of 24-carat gold in the national capital is holding steady at ₹1,43,930.

It’s a massive jump from where we were just a year ago. Basically, if you were waiting for a "dip" to buy that heavy bridal set, you've probably realized that "dips" in 2026 look very different from the ones we saw in 2024.

The market has been incredibly stubborn. While we saw a tiny bit of breathing room earlier this week—prices actually slid down to about ₹14,355 per gram on Friday—the recovery was almost instant. By Saturday evening, the rates climbed back up, settling into the current level where they’ve decided to park for the weekend.

Why is 24 Carat Gold Rate in Delhi Today So High?

You can’t really talk about Delhi’s gold prices without looking at what’s happening globally. It’s all connected. The US Dollar hasn't had the best run lately, and when the Dollar weakens, gold usually starts flexes its muscles.

In the international market, gold has been flirting with the $4,500 per ounce mark. That is a psychological barrier that has investors both excited and a little terrified.

The Trump Factor and Trade Wars

One of the biggest reasons for the current spike is the geopolitical noise coming out of Washington. President Trump’s recent talk about Greenland tariffs and NATO-related trade tensions has sent everyone running for "safe-haven" assets. Gold is the ultimate safety net.

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When people get nervous about stocks or currency stability, they buy gold. Simple as that.

  • Central Bank Buying: It’s not just regular folks buying coins. Central banks across the globe are hoarding the yellow metal.
  • RBI Policy: Domestically, the Reserve Bank of India’s stance on interest rates is keeping the liquidity high, which often supports higher gold prices.
  • The Wedding Season Rush: Delhi is the heart of the Indian wedding industry. Even at nearly ₹1.44 lakh for 10 grams, the demand in Chandni Chowk and Karol Bagh remains surprisingly resilient. People might buy less volume, but they are still buying.

Comparing the Different Purities

If you’re looking at the 24 carat gold rate in delhi today, you’re looking at 99.9% purity. This is the stuff you buy for investment—biscuits, bars, and coins. You don't really make jewelry out of it because it’s too soft.

For the jewelry lovers, the 22-carat rate is the one that matters. Today, that’s sitting at ₹1,31,950 for 10 grams.

Then there’s 18-carat gold, which is becoming way more popular for daily wear and diamond settings because it’s more affordable and durable. That’s currently priced at ₹1,07,990 per 10 grams.

Honestly, the gap between 22K and 24K is quite significant now, nearly ₹12,000. That’s a lot of money when you factor in making charges and the 3% GST that gets tacked on at the billing counter.

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A Quick Look at the Last 7 Days in Delhi

  1. Jan 18 (Today): ₹14,393 per gram (Stable)
  2. Jan 17: ₹14,393 per gram (Up by ₹38)
  3. Jan 16: ₹14,355 per gram (Down by ₹22)
  4. Jan 15: ₹14,377 per gram (Down by ₹38)
  5. Jan 14: ₹14,415 per gram (The weekly peak)
  6. Jan 13: ₹14,268 per gram
  7. Jan 12: ₹14,230 per gram

It’s been a bit of a rollercoaster, right? We saw a sharp spike on Wednesday the 14th, followed by a two-day correction that gave buyers a tiny window of hope before it stabilized again.

What Most People Get Wrong About Delhi Gold Prices

There’s a common misconception that gold prices are the same everywhere in India. They aren’t. Delhi often has slightly different rates than Mumbai or Chennai because of local taxes, transportation costs, and the specific "premium" charged by local bullion associations.

Another thing people forget? The "Making Charges."

When you see the 24 carat gold rate in delhi today listed online, that’s the raw material price. If you’re buying a necklace, you’re going to pay a making charge that can range from 8% to 25% depending on how intricate the design is. Plus, there is the GST. By the time you walk out of the store, that ₹1.44 lakh gold is costing you closer to ₹1.60 lakh.

Expert Outlook: Is it too late to buy?

I was reading a recent report from Kotak Securities, and they are actually projecting gold to hit ₹1.5 lakh or even ₹1.75 lakh per 10 grams by the end of 2026. Goldman Sachs is also bullish, citing the "Euphoria phase" of the current bull market.

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It sounds crazy, but gold has outpaced many other investments over the last two years. While stocks have been volatile, gold has been a steady climber.

However, Jateen Trivedi from LKP Securities pointed out that we might see some "profit booking" soon. This is basically when big investors sell their gold to pocket the gains, which can cause a temporary price drop.

Actionable Insights for Delhi Buyers

If you are planning to buy gold in the coming weeks, here is a bit of practical advice:

  • Check the Hallmark: Never buy gold without the BIS Hallmark. In 2026, the HUID (Hallmark Unique Identification) is mandatory and your best friend against fraud.
  • Digital Gold vs. Physical: If you’re just looking to save money and don't need a physical coin in your hand today, consider Digital Gold or Gold ETFs. You avoid making charges and storage worries.
  • Negotiate Making Charges: Most big jewelers in Delhi have a margin on making charges. If you’re making a big purchase, don't be afraid to ask for a discount on the labor cost.
  • Wait for the "After-Wedding" Dip: Historically, demand softens slightly after the peak winter wedding season (late February). If your purchase isn't urgent, you might save a few thousand rupees by waiting a month.

The reality is that gold at ₹1.4 lakh plus is the new normal. Whether it’s a hedge against inflation or just a part of a beautiful Delhi wedding, the "yellow fever" isn't cooling down anytime soon. Keep a close eye on the US Federal Reserve's next meeting—that’s usually the signal for the next big move in the 24 carat gold rate in delhi today.

Before you head out to the jeweler, always verify the live rate one last time, as prices can shift even during the day if there’s a major global news break. Stick to reputed showrooms in areas like South Extension or Karol Bagh to ensure you're getting the exact purity you're paying for.