On the first day of the new year 2026, gold prices rose while silver prices continued to decline. On Thursday, the price of 24-carat gold for 10 grams increased by ₹170, reaching ₹1,35,060. Similarly, 22-carat gold for 10 grams saw a rise of ₹150, settling at ₹1,23,800. This increase in gold prices is notable after five consecutive days of decline.
Silver prices fell for the fifth straight day, with a decrease of ₹1,000 for a kilogram, now priced at ₹2,56,000. It’s noteworthy that on December 27, silver was priced at ₹2,85,000, but by January 1, it had dropped by ₹29,000. Market experts predict that silver, which had seen a 150% increase in 2025, will continue to rise in 2026, alongside further increases in gold prices. They attribute these changes to international political developments, fluctuations in the dollar’s value, interest rate shifts, industrial demands, and variations in the production and demand for gold and silver.
Meanwhile, platinum prices also saw a significant increase on the first day of the new year. The price for 10 grams rose by ₹1,340, reaching ₹59,750, up from ₹48,730 on December 1.
