Gold and Silver Prices Today : On Wednesday morning, the precious metals market in India stayed largely positive. 24K gold was priced at Rs 13,883 per gram, showing a marginal increase. Meanwhile, 22K gold, which is the standard for most jewelry, stood at Rs 12,726 per gram. These steady prices come after a period of high volatility, signaling a cautious but firm sentiment among buyers and retail investors across major cities like Mumbai, Delhi, and Chennai.
Silver also mirrored this trend, moving up slightly to Rs 253.10 per gram. For those looking to buy in bulk, the price for a kilogram of silver reached Rs 2,53,100. This follows a record-breaking year for silver in 2025, where it outperformed gold by a significant margin due to rising industrial demand in the tech and renewable energy sectors.
| Metal Type (Purity) | Price per Gram (INR) | Change |
|---|---|---|
| 24K Gold (99.9% Pure) | Rs 13,883 | + Rs 1 |
| 22K Gold (Jewelry Gold) | Rs 12,726 | + Rs 1 |
| 18K Gold (Low Purity) | Rs 10,413 | + Rs 1 |
| Silver (per Gram) | Rs 253.10 | + Rs 0.10 |
| Silver (per Kilogram) | Rs 2,53,100 | + Rs 100 |
Global Cues and Economic Factors
In the international market, spot gold slipped slightly to $4,466 per ounce as some investors chose to lock in profits. However, the broader outlook for 2026 remains very bullish. Analysts point toward a firm dollar and upcoming US economic data as key drivers for the current cooling-off period. Even so, geopolitical tensions—specifically reports involving US activity near the Venezuelan border—are keeping the “safe-haven” demand for gold alive.
Jateen Trivedi, a senior research analyst, suggests that while we might see some ups and downs in the short term, the trend is still biased upward. He expects gold to trade in a range of Rs 1,37,000 to Rs 1,42,000 per 10 grams in the near future. Therefore, any major dips in price are being viewed by experts as a potential entry point for long-term investors.
What to Expect from Gold and Silver in 2026?
The year 2026 is shaping up to be an interesting one for bullion. Central banks around the world continue to buy gold to diversify their reserves, which provides a strong floor for prices. Furthermore, ETF demand is picking up again, absorbing much of the physical supply. On the other hand, silver is benefiting from a “double-identity” crisis—it is both a precious metal and a critical industrial component for AI data centers and solar panels.
Experts from InCred Money suggest that investors should avoid trying to “time the market” perfectly. Instead, a staggered investment approach or a monthly SIP in digital gold might be the smartest move. This strategy helps average out the purchase cost and reduces the risk associated with sudden price swings. While corrections of 7% to 10% are normal after a massive rally, the structural story for 2026 remains solid.
FAQ)
Is this a good time to buy gold for investment?
While prices are near historic highs, experts suggest buying in small, staggered amounts. Since the long-term outlook for 2026 is bullish, “buying the dip” during short-term corrections is often a winning strategy.
Why is silver performing so well compared to gold?
Silver is in high demand not just as an investment, but as a core material for green energy and new technologies like 5G and AI. This industrial “supply deficit” is driving its price faster than gold in percentage terms.
