Check Gold and Silver Prices on Jan 23, 2026, Across Delhi, Chennai, Hyderabad & More

Gold and silver prices in India traded higher on Friday, January 23, 2026. As of 9:20 AM IST, gold was priced at ₹1,58,930 per 10 grams, up by ₹1,660 or 1.06%, while silver rose sharply to ₹3,36,400 per kg, gaining ₹9,120 or 2.79% compared to the previous session.

10 Gram Gold Prices in Major Indian Cities on January 23, 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 23, 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 Mutual Funds in India for Jan 2026

Gold and Silver Rates in Major Cities

Gold and silver prices traded higher across major South Indian cities on Friday, January 23, 2026. 

In Thiruvananthapuram, gold was priced at ₹1,59,400 per 10 grams, up ₹1,940 or 1.23%, while silver rose ₹9,460 to ₹3,37,140 per kg as of 9:25 AM IST. 

Chennai saw gold at ₹1,59,100 per 10 grams, gaining ₹1,660 or 1.05%, with silver up ₹9,130 at ₹3,36,770 per kg by 9:20 AM IST. 

In Hyderabad, gold traded at ₹1,58,890 per 10 grams, up ₹1,660 or 1.06%, while silver increased ₹9,120 to ₹3,36,320 per kg at the same time.

Gold and Silver Futures Performance

Gold and silver futures traded higher in the commodities market, reflecting strong buying momentum. 

Gold futures for the February 5, 2026, expiry opened at ₹1,58,889 per 10 grams, touched a low of ₹1,57,500, and were last traded at ₹1,58,411, with a high of ₹1,59,226. The contract closed with an absolute gain of ₹2,070, up 1.32%. 

Silver futures for the March 5, 2026, expiry opened at ₹3,33,333 per kg, hit a low of ₹3,32,000, and were last traded at ₹3,35,891, with a high of ₹3,39,927. The contract ended up by ₹8,602, or 2.63%, indicating strong upside momentum in precious metals.

Conclusion

Gold and silver prices extended their upward momentum across domestic spot and futures markets on January 23, 2026, supported by buying interest and broad-based gains across major cities. 

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.