In 2025, gold prices witnessed an unprecedented rally, touching nearly 52 new record highs during the year. In a surprise move that caught both investors and jewellery buyers off guard, gold prices crossed ₹1 lakh per sovereign, sending shockwaves across the market – especially among middle-class households planning jewellery purchases.
Since then, gold prices have continued to fluctuate at elevated levels. On January 10, the price of jewellery gold in Chennai rose by ₹100 per sovereign, reaching ₹1,03,200, while one gram was sold at ₹12,900. With January 11 being a holiday, prices remained unchanged.
Today’s Gold Price (January 12, 2026)
Gold prices surged sharply today, registering a historic all-time high:
Gold (1 sovereign): ₹1,04,960 (↑ ₹1,760)
Gold (1 gram): ₹13,120 (↑ ₹220)
This sudden spike has renewed concerns among jewellery buyers while attracting strong interest from investors tracking bullion trends.
Silver Price Today
Silver prices have also continued their upward momentum, mirroring the gold rally:
Silver (1 kg): ₹2,87,000 (↑ ₹12,000)
Silver (1 gram): ₹287 (↑ ₹12)
Gold Price Trend: Last 7 Days
Jan 12, 2026: ₹1,04,960 per sovereign | ₹13,120 per gram
Jan 11, 2026: ₹1,03,200 per sovereign
Jan 10, 2026: ₹1,03,200 per sovereign
Jan 09, 2026: ₹1,02,400 per sovereign
Jan 08, 2026: ₹1,02,000 per sovereign
Jan 07, 2026: ₹1,02,400 per sovereign
Jan 06, 2026: ₹1,02,640 per sovereign
