Check Gold and Silver Prices on Jan 2, 2026, Across Delhi, Mumbai, and Bangalore Here!

Gold prices rose in the domestic futures market on Friday (January 2) morning, supported by strong spot demand and a weaker US dollar. MCX gold February futures climbed 0.69% to ₹1,36,742 per 10 grams, while MCX silver March contracts surged 1.74% to ₹2,39,967 per kg around 9:10 AM. 

In the spot market, 24-carat gold jumped over ₹1,000 to ₹1,37,120 per 10 grams, and silver rose more than ₹4,500 to ₹2,40,530 per kg. Internationally, spot gold gained 1% to US$4,351.70 an ounce, while silver advanced 2% to US$72.63.

10 Gram Gold Prices in Major Indian Cities on January 2, 2026

Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.

1 KG Silver Prices in Major Indian Cities on January 2, 2026

Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.

Read more: Best Gold ETFs in India for January 2026: SBI Gold ETF, HDFC Gold ETF, ICICI Prudential and More.

Conclusion

Gold and silver prices continue to show strong momentum in India, with significant year-on-year gains reflecting positive investor sentiment and global trends. As seen across Delhi, Mumbai, and Bangalore, the rise in precious metal prices highlights their appeal as a hedge against inflation and economic uncertainty. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.