Gold Prices in India Remain Stable with Marginal Dip on September 1
On September 1, 2026, gold prices in India remained largely stable with a marginal dip. The benchmark rate for 24-karat gold stood at INR 15,676 per gram (INR 1,56,760 per 10 grams), while 22-karat gold traded at INR 14,369 per gram (INR 1,43,690 per 10 grams). Domestic precious metal rates continue to navigate localised demand shifts alongside global macroeconomic indicators.
The prices in various cities are as follows: Delhi reported slightly higher figures, with 24-karat gold priced at INR 15,691 per gram, 22-karat gold at INR 14,384 per gram, and 18-karat gold at INR 11,772 per gram. Similar figures were recorded in Mumbai, Kolkata, Bengaluru, Hyderabad, and Pune.
Retail gold prices in India are influenced by international spot gold prices, foreign exchange movement, specifically the USD to INR conversion rate, and local supply dynamics. Additional factors including state-level taxes, octroi, and local jeweler making charges also lead to minor regional variations in final retail pricing.