Huge Jump in Gold Rate in India as 22K Gold Today Hits Rs 15,140/gm; Silver Gains Continue Before Fed Meeting

Gold prices in India rose sharply on 28 January 2026, with 24K gold at Rs 16,517 per gram, up Rs 322 and 22K gold at Rs 15,140 per gram (up Rs 295), after trading steady at previous session. The record-high levels come ahead of the Federal Reserve policy meeting, as investors watch Fed Chair Jerome Powell's signals on interest rates, which could influence global gold and silver prices amid a sensitive economic and political backdrop in 2026.

Gold Rate Today in India: Check Latest 22K, 24K & 18K Gold Prices on 28 January 2026

24 Karat Gold Price Today in India

The price of 24 Karat gold is Rs 16,517 per gram today, which is Rs 322 higher than yesterday's rate of Rs 16,195. For larger quantities, 8 grams of 24K gold on Wednesday costs Rs 1,32,136, 10 grams is Rs 1,65,170 and 100 grams is Rs 16,51,700.

22 Karat Gold Rate Today in India

The price of 22 Karat gold also rose on 28 January 2026. 22K gold is trading at Rs 15,140 per gram today, up Rs 295 from Rs 14,845 on the previous day. For 8 grams of 22K, the price is Rs 1,21,120, for 10 grams it is Rs 1,51,400, and 100 grams is Rs 15,14,000.

18 Karat Gold Rate Today in India

Similarly, 18 Karat gold saw an increase on Wednesday. The current price is Rs 12,388 per gram, which is Rs 242 higher than yesterday's Rs 12,146. For 8 grams, the price is Rs 99,104, for 10 grams it is Rs 1,23,880 and for 100 grams it is Rs 12,38,800.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gm on January 28, 2026

Silver prices in India surged to record levels on 28 January 2026 as investors increased demand for precious metals ahead of the Federal Reserve policy meeting. The price of silver per gram is Rs 380 today, up Rs 10 from yesterday's rate of Rs 370.

For 8 grams, silver is trading at Rs 3,040, which is Rs 80 higher than the previous day. Ten grams of silver costs Rs 3,800, up Rs 100 from yesterday. For larger quantities, 100 grams of silver is priced at Rs 38,000, reflecting a Rs 1,000 increase, while 1 kilogram or 1,000 grams of silver is trading at Rs 3,80,000, up Rs 10,000 from yesterday.

Spot Gold, Silver Prices Ahead of US Federal Reserve Meeting Today

Gold prices surged past $5,200 for the first time on Wednesday, following a more than 3 percent gain on Tuesday. The rally came as the U.S. dollar plunged to a near four-year low amid ongoing geopolitical tensions ahead of the Federal Reserve's upcoming monetary policy decision, according to a Reuters report.

Spot gold climbed 1.1 percent to $5,243.58 per ounce as of 03:14 GMT, having earlier touched a record high of $5,247.21 per ounce. The precious metal has surged over 20 percent since the beginning of the year.

U.S. gold futures for February delivery rose 3.1 percent, reaching $5,237.70 per ounce, reflecting strong investor demand amid safe-haven buying.

"Internationally, gold has held above the $5,000/oz threshold, while silver remains above the $110/oz mark, consolidating near record highs. These moves highlight precious metals' continued appeal as portfolio hedges amid macro risks, including trade tensions and currency volatility," said Justin Khoo, Senior Market Analyst - APAC, VT Market.

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