Gold prices continued to show sharp intraday volatility on January 3, falling in the morning before rising strongly by evening, tracking firm global bullion trends and renewed safe-haven demand from investors.
What Drove Today’s Movement?
International markets witnessed increased buying of gold and silver as large investors sought safety amid uncertainty. This pushed global prices higher, which quickly reflected in domestic markets, resulting in an evening rebound after an early dip.
Latest Gold & Silver Rates (Evening)
Gold (22 Carat): ₹12,600 per gram
Gold (1 Sovereign / 8 grams): ₹1,00,800
Silver: ₹257 per gram | ₹2,57,000 per kg
Recent Price Trend
Jan 1: Gold eased to ₹12,440 per gram; silver at ₹256 per gram
Jan 2: Gold surged to ₹1,00,640 per sovereign; silver rose to ₹260 per gram
Jan 3: Morning dip followed by a strong evening recovery
Market Outlook
With international prices staying firm and investor demand strong, gold and silver prices are likely to remain volatile in the coming days. Buyers are advised to track intraday movements closely and plan purchases strategically.