Gold Rate Today 29 January 2026: Gold prices have skyrocketed to record levels today, making headlines across the country. If you’re planning to buy gold, you might want to check today’s rates first – they’ve crossed some major milestones.
Historic Jump in Gold Prices
The gold rate today, January 29, 2026, has broken all previous records. For the first time ever, 24-karat gold has crossed ₹1.75 lakh per 10 grams in many Indian cities. This is huge news for both buyers and investors.
So what’s causing this sudden spike? Two main reasons: growing tensions around the world and recent decisions by the US Federal Reserve. When global markets get shaky, people rush to buy gold as a safe investment. That’s exactly what’s happening right now.
Gold Rate Today 29 January 2026 – City-Wise Breakdown
Here’s what you’ll pay for gold in major cities today:
| City | 24K Gold (10g) | 22K Gold (10g) | 18K Gold (10g) |
|---|---|---|---|
| Delhi | ₹1,67,240 | ₹1,53,310 | ₹1,25,470 |
| Mumbai | ₹1,67,090 | ₹1,53,160 | ₹1,25,320 |
| Chennai | ₹1,70,300 | ₹1,56,110 | ₹1,30,260 |
| Kolkata | ₹1,67,090 | ₹1,53,160 | ₹1,25,320 |
| Bangalore | ₹1,67,090 | ₹1,53,160 | ₹1,25,320 |
| Hyderabad | ₹1,67,090 | ₹1,53,160 | ₹1,25,320 |
| Ahmedabad | ₹1,67,130 | ₹1,53,200 | ₹1,25,360 |
Quick tip: Prices can vary slightly between different jewelers because of local taxes and making charges.
Also Read: Why Maruti Suzuki Share Price Dropped 3% Today Despite Record Sales
MCX Gold Futures Soar Too
It’s not just retail prices that are climbing. The Multi Commodity Exchange (MCX) is also seeing massive gains:
- MCX Gold (February contract): Trading at around ₹1,77,782 per 10 grams
- One-day jump: Up by roughly 7% – that’s an ₹11,850 increase in just one session!
- MCX Silver (March contract): Hit a new peak at ₹4,07,456 per kg
These numbers show that traders expect prices to stay high or go even higher in the coming weeks.
Should You Buy Gold Now?
That’s the million-rupee question. With the gold rate today at historic levels, buying might feel expensive. But if global tensions continue, prices could climb further. Many people see gold as protection when markets get uncertain.
Note: Gold prices change throughout the day. Always check with your local jeweler for the latest rates before making a purchase.
Sources & References
- MCX India (Official): mcxindia.com (Search for ‘GOLD’)
- LiveMint: Gold Price Today Updates
- GoodReturns: City-wise Gold Rates
- The Sunday Guardian: Today’s Bullion Report
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
