As domestic markets closed on 30 January 2026, both gold and silver prices in India retreated from recent peaks, with silver showing notably higher volatility. After sustaining multi-day rallies that pushed bullion to record levels, profit-booking and broader risk-off sentiment saw both metals weaken by the end of trading. International cues, currency movements and position unwinding on exchanges influenced the downward drift in prices.Gold and Silver Market Close Prices (Retail / City Wise – Approximate) City24K Gold (₹/10g)22K Gold (₹/10g)Silver (₹/kg)Delhi1,67,2801,53,3403,85,790Mumbai1,68,0501,54,0463,95,000Chennai1,68,0501,54,0463,87,580Bengaluru1,67,7001,53,7253,86,760Hyderabad1,67,8301,53,8443,87,070Kolkata1,67,8401,53,8533,88,520 Prices are approximate retail closing rates; local premiums and jeweller markups may cause minor variation. Data compiled from exchange and city-wise sources.Intraday Movement & Price DirectionGold and silver opened below recent peaks on Friday and remained under pressure throughout the session. Gold, which had traded near record ₹1.83 lakh per 10 grams earlier in the week, eased back as dealers and investors booked profits and converted positions. Silver, having been one of the strongest performers in January, exhibited greater intraday swings and a more pronounced correction, echoing broader sell-offs in commodity and risk markets.Gold softened over the session, reflecting a mix of profit-taking and weak risk sentiment.Silver bore the brunt of the sell-off, with larger percentage declines from record… Read MoreStartupTalky- Business News, Insights and Stories
