Gold & Silver Rates Today in India Drop After Sharp Rally on Fed Chair Buzz; Check Latest Prices on 30 January

Gold prices in India cooled off on Thursday after witnessing a sharp surge in the previous session. Following a strong jump of Rs 1,177 per gram, yellow metal prices saw some profit-taking, leading to a notable pullback across key purity levels.

As per the latest rates on 30 January 2026, 24K gold was priced at Rs 17,062 per gram, down by Rs 823, while 22K gold stood at Rs 15,640 per gram, slipping Rs 755 from the previous close. This correction comes after gold prices plunged nearly 4% in the international market, triggered by apprehensions surrounding the next US Federal Reserve Chief.

Commodity markets remain on edge amid concerns that the next Fed leadership could adopt a less dovish stance. Rumours that Kevin Warsh may replace Jerome Powell as Federal Reserve Chair weighed heavily on gold during Asian trade, as investors reassessed the outlook for interest rates. A potentially more hawkish Fed could keep rates higher for longer, reducing the appeal of non-yielding assets such as gold.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices Per Gm on 30 January 2026

24 Karat Gold Rate Today in India

24 Karat gold on Friday was priced at Rs 17,062 per gram, down Rs 823 from Rs 17,885 on the previous day. For higher quantities, the price of 8 grams of 24 Karat gold slipped to Rs 1,36,496 from Rs 1,43,080, marking a decline of Rs 6,584. Meanwhile, 10 grams of 24 Karat gold fell by Rs 8,230 to Rs 1,70,620, while 100 grams saw a steep correction of Rs 82,300, settling at Rs 17,06,200.

22 Karat Gold Rate Today in India

22 Karat gold, widely used for jewellery in India, also remained under pressure on 30 January 2026. The price of 22 Karat gold rate today dropped to Rs 15,640 per gram, down Rs 755 from Rs 16,395 a day earlier.

At the same time, 8 grams of 22 Karat gold declined by Rs 6,040 to Rs 1,25,120, while 10 grams eased by Rs 7,550 to Rs 1,56,400. On a larger scale, 100 grams of 22 Karat gold slipped sharply by Rs 75,500, settling at Rs 15,64,000.

18 Karat Gold Rate Today in India

The rate for 18 Karat gold stood at Rs 12,797 per gram, down Rs 617 from Rs 13,414 earlier. The price of 8 grams of 18 Karat gold fell by Rs 4,936 to Rs 1,02,376, while 10 grams dropped Rs 6,170 to Rs 1,27,970. Meanwhile, 100 grams of 18 Karat gold declined by Rs 61,700, reaching Rs 12,79,700.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gm on January 30, 2026

Silver prices in India moved lower on 30 January, tracking weakness in global bullion markets and easing demand after recent gains. The price of silver today slipped to Rs 395 per gram, down Rs 15 from Rs 410 in the previous session, reflecting cautious sentiment among investors.

On a larger scale, 8 grams of silver declined by Rs 120 to Rs 3,160, while 10 grams fell Rs 150 to Rs 3,950. The price of 100 grams of silver eased by Rs 1,500, settling at Rs 39,500, compared with Rs 41,000 earlier. Meanwhile, 1 kilogram of silver witnessed a sharp correction of Rs 15,000, trading at Rs 3,95,000 against Rs 4,10,000 in the previous session.

"If this environment continues, gold and silver benefit as a softer or range-bound USD would support precious metals. Also, heightened uncertainty boosts safe-haven demand as investors seek assets less exposed to policy error or fiscal strain.........Globally, this dynamic can loosen financial conditions outside the US, supporting emerging market assets and commodities.......... as markets adjust to a FED that is increasingly sensitive to downside risks, said Ross Maxwell, VT Markets' Global Strategy Operations Lead."

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