Gold and Silver Prices Today, January 3:The start of the year 2026 has brought precious metals, such as gold and silver, to the market, and their prices continue to move up and down. The prices of precious metals in India on January 3, 2026, showed very different trends in different cities and the reason for that is the global gold market and demand from the local market. Gold, in some places, suffered small corrections whereas, on the other hand, silver was pretty strong. This situation is providing a great deal of attraction for buyers and sellers.
Gold and Silver Prices Today, January 3
Gold prices in Indian metros on January 3 were fairly close to the previous day’s prices.
In Delhi, the rate was around ₹13,597 for 24-carat gold and ₹12,465 for 22-carat. While 18-carat gold was priced at around ₹10,202 per gram.
In Chennai, the local sources’ rates indicated the sale of 24-carat gold at about ₹13,658 per gram and 22-carat at ₹12,520 per gram.
Mumbai and Kolkata were also the same as India in gold valuations. The rate of 24-carat is about ₹13,580–₹13,620 per gram, which reflects a pricing mechanism for the yellow metal that is relatively homogenous all over the nation, just with a minor difference due to logistics and demand at city level.
City-Wise Highlights
Across the major markets:
- Delhi still was the main point for North India, as 24K gold was nearly at the ₹13,600 per gram level.
- Mumbai’s gold rates were almost the same as Delhi’s, confirming its status as a major trading center for the precious metals.
- Chennai’s gold was a bit more expensive in terms of 24K gold, a situation that might be partly due to the increased demand for gold jewelry and the South’s overlapping local premium.
Other Cities:
- Kolkata: 13,582
- Bengaluru: ₹13,582
- Hyderabad: 13,582
- Pune: 13,582
- Kerala: 13,582
These differences in price among different cities, although in most cases small, generally do not discourage but rather attract buyers especially during the festive season or wedding when gold is a main item in the shopping list.
Gold, silver futures hit fresh peaks on Fed cut bets, weak dollar
Silver Prices Today
The silver prices also became a topic of discussion. On January 3, the silver price across the country was around ₹2,460.54 per 10 grams but a kilogram was often near ₹246,054, according to the data from the Indian Bullion and Jewellers Association (IBJA).
The silver prices from different cities showed tiny differences:
- New Delhi: ~₹2,460 per 10 grams
- Mumbai: ~₹2,453 per 10 grams
- Chennai: ~₹2,348 per 10 grams
- Kolkata: ~₹2,422 per 10 grams
Market Dynamics and Buyer Insights
Gold rates have shown some short-term corrections of late, but among investment assets precious metals are still being recognized as a safer choice especially during global economic uncertainties and through the ups and downs of stock markets that often lead investors towards traditional safe havens.
