Gold rate today 12 January : Gold and silver prices witnessed a strong rally in the domestic futures market on Monday, January 12, with both precious metals trading sharply higher on the Multi Commodity Exchange (MCX). Gold prices jumped by nearly Rs 2,000 per 10 grams, while silver gained around Rs 9,000 per kilogram during early trade, January 12.
In the morning session, gold futures with February 5, 2026 expiry opened at around Rs 1,39,600 per 10 grams, compared with the previous close of nearly Rs 1,38,800. By around 10:10 a.m., gold prices climbed further to about Rs 1,40,800 per 10 grams, reflecting strong buying interest. During early trading, gold futures also touched an intraday high of nearly Rs 1,41,250 per 10 grams.
Silver prices today on MCX
Silver prices also showed impressive momentum. Silver futures with March 5, 2026 expiry were trading near Rs 2,61,700 per kg, up by almost Rs 9,000 from the previous session. In early deals, silver prices surged to an intraday high of around Rs 2,63,996 per kg, supported by firm global cues and steady industrial demand.
Gold rate today 12 January in the physical market
Along with futures, gold prices remained elevated in the domestic bullion market. Rates varied slightly across cities due to local taxes and making charges. In Delhi and Lucknow, 24-carat gold was trading at around Rs 1,42,300 per 10 grams, while 22-carat gold was priced near Rs 1,30,450 per 10 grams. 18-carat gold was available at approximately Rs 1,06,760 per 10 grams.
Experts say gold and silver prices are being supported by safe-haven demand, global market volatility and expectations around interest rate trends. Investors are closely tracking international cues, the rupee-dollar movement and upcoming macroeconomic data for further direction.
Disclaimer: Gold and silver prices may vary across cities and change during the day. Investors are advised to check rates with local jewellers before making purchases.
Yogesh Kolhe is a market and business news author with a focus on the automobile sector and gold and silver price movements, offering readers practical insights into industry and market trends.
