Gold and silver prices are continuing their up-and-down journey, leaving buyers disappointed. Every time prices fall slightly, hopes rise that rates may reduce further. But very soon, prices climb again and break those hopes. For gold lovers, the current situation clearly shows that expecting a big fall in prices is almost meaningless.
Due to unstable global conditions, gold and silver prices are changing daily in the international market. This impact is immediately seen in Indian markets as well. For now, there is no clear sign of relief in gold prices. The tug-of-war between price rise and fall is continuing. On the other hand, silver prices are moving at rocket speed. Even if silver prices drop slightly for a day, they quickly jump back and hit new record levels, shocking buyers.
Because of growing global tensions and war-like situations, experts say gold and silver prices are unlikely to come down anytime soon. Though small corrections are seen occasionally, prices are quickly moving upward again. Keeping this in mind, we are providing daily updates on gold and silver prices. The prices mentioned here are closing prices of the previous day, compared with the day before. Prices may change after market opening, so buyers are advised to verify the latest rates before purchasing.
Gold Prices Rise on Friday
On Friday, January 23, 2026, gold prices increased compared to Thursday. On January 22, the closing price of 22-carat gold was ₹1,41,450 per 10 grams. On Friday, it rose by ₹2,600 and reached ₹1,44,050.
Similarly, 24-carat gold also saw a rise. The price on Thursday was ₹1,54,310 per 10 grams. On Friday, it increased by ₹2,840 and closed at ₹1,57,150 per 10 grams. This rise disappointed many people who were planning to buy gold.
Interestingly, international gold prices showed a slight decline on Friday morning, raising hopes of a fall in local prices. Experts also expected a drop. However, the situation changed later in the day, and prices slowly moved upward again.
Experts believe that on Saturday, January 24, 2026, gold prices may open higher due to rising prices in the US market. Local taxes and market conditions may also affect rates. Hence, buyers are advised to check prices carefully before making a purchase.
Silver Prices Hit Record High
Silver prices created a sensation on Friday, January 23, 2026, by touching record levels. On Thursday, January 22, the price of silver was ₹3,40,000 per kg. By Friday evening, it jumped by a massive ₹20,000 and reached ₹3,60,000 per kg.
Experts say silver prices may continue to rise even on Saturday, January 24, 2026. With strong gains seen in international and US markets, the impact is likely to be felt in the Indian market as well. As a result, silver prices may open higher today.
Gold Prices in Major Cities (as on January 23, 2026)
Hyderabad
22-carat gold (10 grams): ₹1,44,050
24-carat gold (10 grams): ₹1,57,150
Vijayawada
22-carat gold (10 grams): ₹1,44,050
24-carat gold (10 grams): ₹1,57,150
Visakhapatnam
22-carat gold (10 grams): ₹1,44,050
24-carat gold (10 grams): ₹1,57,150
Tirupati
22-carat gold (10 grams): ₹1,44,050
24-carat gold (10 grams): ₹1,57,150
Delhi
22-carat gold (10 grams): ₹1,44,200
24-carat gold (10 grams): ₹1,57,310
Mumbai
22-carat gold (10 grams): ₹1,44,200
24-carat gold (10 grams): ₹1,57,310
