22 Carat Gold Rate Today Explained with Key Market Factors
India is amongst the largest importers of gold. Gold prices in India are rising fast due to huge demand and global changes. If you’re checking the 22-carat gold rate today, as of 1 Jan, 2026, the price has reached ₹12,760 per gram.
The market is currently seeing massive activity. Industry estimates suggest that nearly 46 to 48 lakh weddings are scheduled for this season, expected to contribute ₹6.5 lakh crore in economic flow. A significant portion of which is being channeled directly by the traditional purchase of gold jewelry and ornaments. Also, demand for gold coins and bars has surged by 74%, showing that households are keen on securing their wealth. However, strong local demand is just one piece of the puzzle; many other global economic factors are also playing a crucial role in driving these numbers.
22 Carat Gold Rate in Major Metropolitan Cities Today
Below is the city-wise breakdown of the 22 carat gold rate today across India’s biggest metros, displaying the slight variations due to local taxes and transportation costs.
| City | Gold rate (22K) per gram |
| Chennai | ₹12,800 |
| Mumbai | ₹12,715 |
| Delhi | ₹12,730 |
| Kolkata | ₹12,715 |
| Bangalore | ₹12,715 |
| Hyderabad | ₹12,715 |
| Ahmedabad | ₹12,720 |
| Pune | ₹12,715 |
| Surat | ₹12,740 |
| Jaipur | ₹12,730 |
Gold Rates in Tier 2 and Tier 3 Cities Today
Prices in Tier 2 and Tier 3 cities are slightly lower than the national average, making the 22 carat gold rate today more attractive for buyers in these regions.
| City | Gold rate (22K) per gram |
| Lucknow | ₹12,785 |
| Bhubaneswar | ₹12,715 |
| Moradabad | ₹12,785 |
| Ooty | ₹12,800 |
| Varanasi | ₹12,715 |
| Nashik | ₹12,677 |
| Nagercoil | ₹12,800 |
| Guntur | ₹12,674 |
| Gorakhpur | ₹12,715 |
| Rajkot | ₹12,740 |
Note: Gold prices change daily based on market trends, so always check the latest rates before making a purchase.
Key Market Factors Influencing Today’s Gold Rate
The 22 carat gold rate today is on the rise. Several macro and micro factors contribute towards this.
- Rupee weakening vs the US dollar
The Indian Rupee has steadily weakened against the US Dollar recently. Since India imports almost all its gold and pays for it in dollars, a weaker rupee means it costs more money to buy the same amount of gold, directly raising local prices.
- Strong domestic demand
Gold purchase in India is currently very high due to the wedding season. Families purchasing jewelry for marriages create a steady stream of demand. When buying pressure is this strong, it supports the price and prevents it from falling, even when international rates fluctuate.
- Global spot price surge
Gold prices are rising globally, not just in India. When the international ‘spot price’ of gold jumps, it immediately pushes up the base price for Indian jewelers.
- US Federal Reserve & interest rate cut
The US central bank is cutting interest rates. When bank interest rates fall, big investors often move their money out of bonds and into gold to get better value. This shift drives the global gold price higher.
- Central bank accumulation
Major central banks around the world are buying large amounts of gold to add to their national reserves. When countries buy gold in bulk to lock it away, it reduces the supply available in the market, making the remaining gold more expensive.
- Geopolitical tensions
Political tension between big countries like the US and Russia makes investors nervous. When people are uncertain about the future, they buy gold because it is considered a safe asset that won’t lose value.
Understanding Purity: 22K vs. 24K
Karat is the unit used to measure the purity of gold, with 24K representing the purest form possible. When deciding between 24K and 22K gold, knowing the difference between purity and durability is essential.
- 24K contains 99.9% pure gold, while 22K mixes 91.6% gold with metals like copper, zinc, or silver for hardness.
- 24K is too soft for complex designs, whereas 22K offers the strength needed for daily wear.
- Investors can buy 24K coins, but jewelry buyers prefer 22K for structural durability.
- Always verify purity by finding the “999” BIS code on 24K and “22K916” on 22K items.
- Selling 22K often involves wastage deductions, whereas 24K bullion usually fetches close to full market value.
Conclusion
With prices fluctuating rapidly, staying updated on the 22 carat gold rate today ensures you make the best buying decision. Apart from local sources, you can also cross-check live price trends on financial marketplaces like Bajaj Markets to make sure you have the most accurate data before investing.
