Gold Rate Today in India Recovers After Sharp Correction, Silver Prices Hits Rs 2,95,000/kg Again on 17January

Gold prices in India edged higher on January 17, 2026, snapping a two day losing streak after a sharp correction earlier this week. The price of 24 Karat gold rose to Rs 14,378 per gram on Saturday, marking an increase of Rs 38 from the previous day. Similarly, 22 Karat gold gained Rs 35 to trade at Rs 13,180 per gram.

The uptick comes after gold prices declined continuously for two sessions. On January 16, 24 Karat gold had slipped to Rs 14,340 per gram, while on January 15 it was at Rs 14,362 per gram. Over the last two days, the cumulative fall translated into a sharp drop of nearly Rs 6,000 for 100 grams of 24 Karat gold.

Gold Rate Today in India: Check Latest 22K, 24K & 18K Gold Prices on 17 January 2026

24 Karat Gold Rate Today in India

The price of 24 Karat gold per gram increased to Rs 14,378 today, up Rs 38 from yesterday's level of Rs 14,340. For an 8 gram purchase, 24 Karat gold is priced at Rs 1,15,024, reflecting a rise of Rs 304 compared to the previous day. Buyers opting for 10 grams will pay Rs 1,43,780, which is Rs 380 higher than yesterday.

For bulk purchases, 100 grams of 24 Karat gold on Saturday, cost Rs 14,37,800, marking a sharp increase of Rs 3,800 in a single day.

22 Karat Gold Rate Today in India

22 Karat gold also witnessed a strong recovery, with the per gram price rising to Rs 13,180, up Rs 35 from Rs 13,145 yesterday. The price for 8 grams of 22 Karat gold stands at Rs 1,05,440, higher by Rs 280. For 10 grams, buyers are required to pay Rs 1,31,800, reflecting an increase of Rs 350. Meanwhile, the 100 gram of 22K gold rate has climbed to Rs 13,18,000, up Rs 3,500 from the previous session.

18 Karat Gold Rate Today in India

18 Karat gold prices also moved up today, with the per gram rate rising to Rs 10,784, an increase of Rs 29 from yesterday. For 8 grams, the price is Rs 86,272, which is Rs 232 higher than the previous day. The 10-gram rate now stands at Rs 1,07,840, up Rs 290. For those purchasing 100 grams of 18 Karat gold, the price has risen to Rs 10,78,400, marking a gain of Rs 2,900.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gm on 17 January 2026

Silver prices in India moved higher on January 17, 2026, mirroring the recovery seen in gold after the recent correction. The price of silver per gram rose to Rs 295 today, up Rs 3 from yesterday's rate of Rs 292. For small purchases, 8 grams of silver are now priced at Rs 2,360, reflecting an increase of Rs 24 compared to the previous day. Buyers opting for 10 grams will pay Rs 2,950, which is Rs 30 higher than yesterday.

For larger quantities, the price of 100 grams of silver has climbed to Rs 29,500, marking a rise of Rs 300 in a single day. Meanwhile, 1 kilogram of silver is now priced at Rs 2,95,000, up Rs 3,000 from yesterday's Rs 2,92,000.

Gold Price Outlook

"Gold's medium-term outlook remains constructive, supported by a combination of macro uncertainty, strong central-bank buying, and expectations of lower real interest rates. While gold has traditionally been viewed as a safe-haven asset, recent market behavior shows it is also trading as a momentum asset, responding sharply to shifts in interest-rate expectations, the US dollar, and equity market volatility. In this environment, gold prices could potentially move towards the $4,800-$5,000 per ounce zone over the next 12-18 months, especially if rate cuts materialize and geopolitical risks persist," Ross Maxwell, Global Strategy Operations Lead, VT Markets.

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