On January 19, 2026, gold and silver prices in India are experiencing minor fluctuations, with several reports indicating a slight decline after the metals recently hit near-historic highs. The 24-carat gold is trading approximately between ₹1,43,770 and ₹1,45,500 per 10 grams in key Indian cities. Meanwhile, 22-carat gold, commonly used for jewellery, is priced around ₹1,31,790 to ₹1,33,380 per 10 grams. Silver prices have also seen a slight dip, with 999 purity silver available for approximately ₹2,94,900 per kilogram. City-specific rates show slight variations due to local factors such as demand, state taxes, and transportation costs. For instance, Delhi saw 24K gold at ₹1,43,920 and 22K gold at ₹1,31,940 per 10 grams, while Mumbai's rates were ₹1,43,770 and ₹1,31,790 for 24K and 22K respectively. Chennai recorded 24K gold at ₹1,44,860 and 22K at ₹1,32,790 per 10 grams, indicating slightly higher prices. The overall market sentiment for precious metals remains influenced by a confluence of factors including global spot prices, which hovered around $4,600 per ounce, geopolitical tensions contributing to safe-haven demand, the US Dollar exchange rate, and domestic market dynamics. Experts suggest that despite current fluctuations, the underlying fundamental drivers like inflation and central bank buying are likely to keep gold as a significant investment asset. The article provided for verification, originally published by Times of India on December 29, 2025, reflects this ongoing trend of daily price updates for precious metals in India.