GOLD PRICE BOMBSHELL: Historic ₹1,500 Single-Day Surge Shakes Indian Markets!
Gold rates explode to ₹16,100 per gram (with GST) as India witnesses unprecedented ₹1,500 jump in 24 hours—largest spike in decades leaves investors and buyers stunned.
New Delhi, January 22, 2026 – In a shocking turn of events that has sent ripples across India’s precious metals market, gold prices have witnessed an extraordinary surge of approximately ₹1,500 per gram in just one day, marking what experts are calling the most dramatic single-day increase in recent history.
As of January 21, 2026, 24-karat pure gold is now trading at ₹15,532 per gram in India a massive jump of ₹853 from the previous day. When including GST (Goods and Services Tax), the retail price has crossed the psychological barrier of ₹16,100 per gram, leaving both investors and everyday buyers in shock.
Record-Breaking Price Movement
The surge has impacted all gold categories across the board:
- 24K Gold (Pure): Now at ₹15,532 per gram, up by ₹853
- 22K Gold: Trading at ₹14,238 per gram, up by ₹782
- 18K Gold: Reached ₹11,649 per gram, up by ₹640
Market analysts are describing this as a “historic event,” with many pointing out that such a dramatic increase in a single 24-hour period is extremely rare in India’s gold trading history.
UAE Markets Mirror the Surge
The price explosion is not limited to India alone. The United Arab Emirates has also experienced significant increases:
- 24K Gold: AED 575 per gram (up AED 19)
- 22K Gold: AED 527.08 per gram (up AED 17.41)
- 18K Gold: AED 431.25 per gram (up AED 14.25)
This parallel movement suggests global factors are at play, affecting precious metal prices across international markets.
Silver Prices Also Climb
While gold has stolen the spotlight, silver prices have also moved upward on January 22, 2026:
India: ₹325 per gram (up ₹10)
UAE: AED 11.2 per gram (up AED 0.2)
Though the percentage increase in silver is smaller compared to gold, the upward trend indicates broader precious metals market volatility.
What’s Driving This Surge?
Financial experts suggest several possible factors behind this unprecedented price jump, including global economic uncertainty, currency fluctuations, and increased demand during the ongoing wedding season in India. However, a comprehensive analysis of international market conditions would be needed to pinpoint the exact causes.
Impact on Buyers and Investors
The sudden price spike has caught many prospective buyers off guard, particularly those planning weddings or traditional purchases. Jewelers across major cities have reported increased footfall from concerned customers checking prices and some panic buying.
Investment advisors are urging caution, recommending that buyers wait for market stabilization before making large purchases. However, long-term investors in gold are celebrating significant portfolio gains.
What’s Next?
Market watchers will be closely monitoring gold prices in the coming days to see if this surge continues or if corrections bring prices back down. For now, this historic single-day increase serves as a reminder of how volatile precious metal markets can be.
Those planning gold purchases are advised to track daily rates carefully and consult with financial advisors before making investment decisions.
