Gold prices surged to new record levels on Friday, driven by heightened geopolitical tensions, growing concerns over the independence of the US Federal Reserve and continued weakness in the US dollar, all of which strengthened demand for safe-haven assets.
Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 23 January 2026, Saraswati Puja
In Delhi, gold rates recorded a sharp rise on 23 January 2026, setting fresh all-time highs. The price of 24 Karat gold climbed to Rs 15,986 per gram, registering a substantial increase of Rs 540 from the previous session. At the same time, 22 Karat gold prices in the national capital moved higher in tandem. One gram of 22 Karat gold was priced at Rs 14,655, up by Rs 495 compared to the previous day.

24 Karat Gold Rate in Delhi Today
The price of 24 Karat gold in Delhi recorded a strong rise today. The rate for 1 gram stands at Rs 15,986, increasing by Rs 540 from yesterday's price of Rs 15,446. For those buying slightly larger quantities, 8 grams of 24 Karat gold is priced at Rs 1,27,888, which is Rs 4,320 higher than yesterday's Rs 1,23,568.
The cost of 10 grams has moved up to Rs 1,59,860, reflecting a gain of Rs 5,400 from the previous rate of Rs 1,54,460. Meanwhile, bulk buyers purchasing 100 grams now need to pay Rs 15,98,600, up by Rs 54,000 compared to Rs 15,44,600 yesterday.
22 Karat Gold Rate in Delhi Today
22 Karat gold prices in Delhi also witnessed a notable increase across all weights. The rate for 1 gram is Rs 14,655, rising by Rs 495 from yesterday's Rs 14,160. For 8 grams, the price today is Rs 1,17,240, which is Rs 3,960 higher than yesterday's Rs 1,13,280.
Buyers opting for 10 grams will pay Rs 1,46,550, marking an increase of Rs 4,950 from Rs 1,41,600. For 100 grams of 22 Karat gold, the rate has climbed to Rs 14,65,500, registering a sharp rise of Rs 49,500 from yesterday's Rs 14,16,000.
18 Karat Gold Rate in Delhi Today
The 18 Karat gold rate in Delhi has also moved higher today. The price of 1 gram stands at Rs 11,993, up by Rs 405 from yesterday's Rs 11,588. For 8 grams, gold is priced at Rs 95,944, showing an increase of Rs 3,240 compared to Rs 92,704 yesterday.
The rate for 10 grams has risen to Rs 1,19,930, gaining Rs 4,050 from the previous price of Rs 1,15,880. Meanwhile, 100 grams of 18 Karat gold now costs Rs 11,99,300, which is Rs 40,500 higher than yesterday's Rs 11,58,800.
Silver Rate Today, 23 January 2026: Latest Silver Prices Per Kg and Gm on Saraswati Puja
Silver prices in Delhi registered a sharp rise today, extending their rally and touching fresh highs across all weight categories. The rate for 1 gram of silver stands at Rs 340, up by Rs 15 from yesterday's price of Rs 325. For small purchases, 8 grams of silver is now priced at Rs 2,720, reflecting an increase of Rs 120 compared to Rs 2,600 yesterday.
For slightly larger quantities, the price of 10 grams of silver today is Rs 3,400, which is Rs 150 higher than the previous rate of Rs 3,250. Bulk buyers have also seen a significant jump, with 100 grams of silver now costing Rs 34,000, up by Rs 1,500 from yesterday's Rs 32,500.
At the higher end, the silver price per kilogram (1,000 grams) in Delhi has climbed to Rs 3,40,000, marking a substantial increase of Rs 15,000 compared to yesterday's rate of Rs 3,25,000.
Why Gold & Silver Prices Are Rising
"Gold prices trading near $4,950-$4,970 per ounce on COMEX, while silver rallies close to $99 per ounce, have pushed both metals firmly into record territory. This strength is being reinforced by a softer US dollar, persistent geopolitical tensions, and growing concerns around currency stability..... The move is equally striking, with gold prices approaching Rs 1.6 lakh per 10 grams and silver nearing Rs 3.5 lakh per kg, underscoring the global nature of the rally. While the momentum remains intact, such elevated levels also increase the risk of short-term volatility and profit-taking," Justin Khoo, Senior Market Analyst - APAC, VT Market.
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
More From GoodReturns

Gold Rates & Silver Rates Today Live: Gold Rates In India Crash For 4th Day, Silver Down; 24K, 22K, 18K Gold

Huge Drop in Gold Rate Today After 2-Day Rally, Silver Price Soars Rs 35,000/kg in Delhi on Holika Dahan 2026

Gold Rates & Silver Rates Today Live: Spot Gold Price Jumps 2% As Crude Oil Prices Fall; 24K, 22K, 18K Gold

Gold & Silver Rates Today in India: Gold Rally Continues for Second Day, Silver Nears Rs 3 Lakh/kg on 28 Feb

Drop in Gold Rate Today After Sharp Rally for Last 3 Days; Silver Prices Freeze at Rs 2,85,000/Kg in Delhi

Gold Rate Today in India Rises After Dip, Silver Rates Steady; Latest Prices Amid Pakistan-Afghanistan Rift

Gold Rate in India Slips Around Rs 26,000/24K in Single Day Amid Escalating Iran-Israel, US Tension; Outlook

Gold Rate In India Ends 6-Day Rally With Sharp Fall Today; Check 24K, 22K, 18K Gold Price In Your City, Feb 26

Gold Rates In India Today Crash By Rs 32,900 Before Holi, Ignores MCX Gold Rally; 24K, 22K, 18K Gold; Reason?

Gold Rate in India Regains Momentum; 24K Jumps Rs 22,900/100 Gm In 5 Days; Will Prices Jump On Feb 28? Outlook

Gold Rate in India Jumps Rs 70,500 In Week! Silver Shines| Will Prices Rise Ahead of US Data? 26 Feb Outlook



Click it and Unblock the Notifications