Jump in Gold Rate in India Today Continues on Jan 7: Will US-Venezuela Conflict Impact Gold & Silver Prices

Gold prices in India continued their upward momentum this week. On January 7, 2026, the 24 Karat gold rate stood at Rs 13,948 per gram, marking an increase of Rs 66, while 22 Karat gold was priced at Rs 12,785 per gram, up by Rs 60 compared to the previous session.

The steady rise in gold prices has been visible throughout the week. Overall, gold prices have surged by Rs 335 per gram during the current week, translating to a sharp increase of Rs 33,500 per 100 gm.

Gold Rate in India Today: Check Latest 22K, 24K & 18K Gold Prices Per Gm on 7 January 2026

24 Karat Gold Rate Today in India

For 24 Karat gold, the rate per gram stood at Rs 13,948, registering an increase of Rs 66 compared to yesterday's price of Rs 13,882. In higher quantities, 8 grams of 24 Karat gold were priced at Rs 1,11,584, up by Rs 528, while 10 grams cost Rs 1,39,480, reflecting a gain of Rs 660. On a bulk basis, 100 grams of 24 Karat gold were valued at Rs 13,94,800, marking a sharp rise of Rs 6,600 from the previous session.

22 Karat Gold Price Today in India

22 Karat gold also witnessed steady gains in today's trade. The price per gram rose to Rs 12,785, higher by Rs 60 from yesterday's level of Rs 12,725. In jewellery weights, 8 grams of 22 Karat gold were priced at Rs 1,02,280, up Rs 480, while 10 grams stood at Rs 1,27,850, showing an increase of Rs 600. Meanwhile, 100 grams of 22 Karat gold were trading at Rs 12,78,500, reflecting a day-on-day rise of Rs 6,000.

18 Karat Gold Rate Today in India

Prices of 18 Karat gold followed a similar upward trend. The rate per gram climbed to Rs 10,461, gaining Rs 49 from the previous day's Rs 10,412. Eight grams of 18 Karat gold were priced at Rs 83,688, higher by Rs 392, while 10 grams cost Rs 1,04,610, up by Rs 490. For larger quantities, 100 grams of 18 Karat gold were valued at Rs 10,46,100, registering an increase of Rs 4,900.

Impact of US Attack on Venezuela on Gold and Silver

"If tensions increase and the US escalates through a further military strike on Venezuela it would create another significant geopolitical shock. It would likely create a more protracted conflict and therefore would impact investor behaviour and influence gold and silver well into 2026," Ross Maxwell, Global Strategy Operations Lead, VT Markets.

"Gold traditionally benefits from geopolitical stress due to its status as a safe-haven asset, and a US-Venezuela conflict could accelerate central bank and institutional demand as investors seek protection against currency volatility, sanctions risk, and potential disruptions to global trade. The impact on silver would be more complex. In the short term, rising uncertainty would likely mean silver moves higher alongside gold," he added.

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