Gold and silver prices across India showed remarkable stability on September 13, 2026. While minor dips were observed in futures markets, retail rates for both precious metals held steady in major metropolitan areas, reflecting consistent bullion trends.
Current Gold and Silver Market Overview
On the Multi Commodity Exchange (MCX), gold futures experienced a marginal dip of 0.08%, trading at ₹1,52,655 per 10 grams. Similarly, silver futures saw a slight decrease of 0.04%, settling around ₹234,886 per kilogram. Despite these minor movements in the futures market, the retail sector maintained largely unchanged prices.
Understanding Gold Purity: 24K vs. 22K
In the Indian retail market, gold is primarily traded in two purities: 24-karat and 22-karat. 24-karat gold is considered the purest form, containing 99.9% gold. 22-karat gold, often preferred for jewellery, contains approximately 91.6% gold, with the remaining percentage being alloyed metals like copper or silver to enhance strength and durability.
City-Wise Gold Rates (September 13, 2026)
Here are the latest gold rates per 10 grams across major Indian cities:
- Delhi: 24K at ₹1,52,710; 22K at ₹1,39,984
- Mumbai: 24K at ₹1,52,970; 22K at ₹1,40,223
- Bengaluru: 24K at ₹1,53,100; 22K at ₹1,40,342
- Kolkata: 24K at ₹1,52,770; 22K at ₹1,40,039
- Hyderabad: 24K at ₹1,53,220; 22K at ₹1,40,452
- Chennai: 24K at ₹1,53,420; 22K at ₹1,40,635
Silver Rates Across India (September 13, 2026)
Silver prices maintained uniformity across several major Indian cities, with rates holding at ₹2,34,620 per kilogram in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
Leading Jeweller Rates
Major jewellery retailers also reported largely stable prices on September 13, 2026:
- Joyalukkas and Malabar Gold & Diamonds quoted 22K gold at ₹14,155 per gram.
- Tanishq's 22K gold rate stood at ₹14,200 per gram.
- For 24-karat gold, Malabar Gold & Diamonds was at ₹15,442 per gram, while Tanishq was at ₹15,491 per gram.
Factors Influencing Gold Prices in India
Several key factors contribute to the daily fluctuations and overall trends in gold prices across India. These include the international gold price, which is influenced by global economic conditions and geopolitical events. The exchange rate of the US Dollar against the Indian Rupee also plays a significant role, as gold is internationally priced in dollars. Furthermore, domestic jewellery demand, particularly amplified during India's festive season, greatly impacts local market rates and procurement costs for retailers.