Gold Prices Rise Across India's Major Jewellery Brands on September 10
Gold prices rose across India's major jewellery brands on Thursday, September 10, 2026. The increase in gold rates was driven by a softer dollar and investor anticipation of key US inflation data that could influence the Federal Reserve's interest rate decisions.
According to Prithviraj Kothari, managing director at RiddiSiddhi Bullions Ltd., President of the Indian Bullion & Jewellers Association (IBJA), 'Gold and silver ticked higher, supported by a softer dollar as traders awaited key U.S. inflation data likely to influence the Fed's rate path.'
The IBJA reported that gold rates increased across all major cities in India, with Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers raising their 22k gold jewellery prices.
IBJA's indicative retail selling rates for September 10, 2026 (AM) are: Fine Gold (999): ₹15,403 per gram, 22 KT Gold: ₹15,033 per gram, 20 KT Gold: ₹13,709 per gram, 18 KT Gold: ₹12,476 per gram, and 14 KT Gold: ₹9,935 per gram. Silver (999) rates also increased to ₹2,38,556 per kg.
Kothari predicted that gold could trade in a $4,300 (Rs 150,000) to $4,500 (Rs 157,000) band, favouring a buy-the-dip, sell-the-rally approach for now. Silver has more room to run, a hold above $67 (Rs 243,000) opens the path toward $70 (Rs 247,000).