Gold Prices Fluctuate Wildly in India Amid Global Volatility

The gold market remains highly volatile in India, with prices fluctuating due to international bullion price movements, US dollar fluctuations, interest rate expectations, and geopolitical developments. On October 4, 2026, the price of 24K gold was around INR 1,50,628 per 10 grams in Delhi, while 22K gold was priced at around INR 1,37,975 per 10 grams.

The prices of 24K and 22K gold vary across different cities in India. In Mumbai, the price of 24K gold is around INR 1,50,427 per 10 grams, while in Chennai, it is around INR 1,50,713 per 10 grams. The domestic gold market remains sensitive to international gold prices and currency movements.

Investors are closely watching global gold markets as they assess the outlook for monetary policy and economic growth. Movements in the US dollar and bond yields continue to influence demand for gold as a safe-haven asset.