Gold and silver rates in India experienced a marginal dip on September 5, 2026, impacting both 24-carat and 22-carat gold as well as silver. This adjustment reflects a combination of international bullion trends, the US Dollar exchange rate, and domestic jewellery demand, especially as the festive season approaches.
Current Market Snapshot
The price of 24-carat gold was recorded at ₹153,310 per 10 grams, marking a slight decrease. Similarly, silver prices settled at ₹2,37,130 per kilogram. On the Multi Commodity Exchange (MCX), gold futures showed a modest increase of 0.03%, reaching ₹1,52,815 per 10 gm. In contrast, silver futures edged down by 0.07%, trading at approximately ₹2,37,500 per kg.
Retail prices can vary slightly due to individual brand pricing policies, procurement costs, and specific regional market dynamics. However, the overarching trends in the bullion market continue to guide these precious metal valuations across the country.
Retail Gold Rates Across Major Indian Cities
Across India's major metropolitan areas, 24-karat gold, considered the purest form, and 22-karat gold, widely preferred for jewellery due to its durability from alloyed metals, showed these rates:
- Delhi: 24K Gold at ₹1,56,820 per 10gm; 22K Gold at ₹1,43,760 per 10gm
- Mumbai: 24K Gold at ₹1,56,670 per 10gm; 22K Gold at ₹1,43,610 per 10gm
- Bengaluru: 24K Gold at ₹1,56,670 per 10gm; 22K Gold at ₹1,43,610 per 10gm
- Kolkata: 24K Gold at ₹1,56,670 per 10gm; 22K Gold at ₹1,43,610 per 10gm
- Hyderabad: 24K Gold at ₹1,56,670 per 10gm; 22K Gold at ₹1,43,610 per 10gm
- Chennai: 24K Gold at ₹1,56,670 per 10gm; 22K Gold at ₹1,43,610 per 10gm
Silver Prices in Key Indian Metros
Silver rates also showed consistency across major cities for both per 100gm and per kg measurements:
- Delhi: ₹24,990 per 100gm; ₹2,49,900 per kg
- Mumbai: ₹24,990 per 100gm; ₹2,49,900 per kg
- Bengaluru: ₹24,990 per 100gm; ₹2,49,900 per kg
- Kolkata: ₹24,990 per 100gm; ₹2,49,900 per kg
- Hyderabad: ₹24,990 per 100gm; ₹2,49,900 per kg
- Chennai: ₹24,990 per 100gm; ₹2,49,900 per kg
Leading Jeweler Rates
Major jewellery retailers reported largely stable prices on September 5, 2026. Joyalukkas and Malabar Gold & Diamonds both quoted 22K gold at ₹14,360 per gram across several Indian states. For 24-carat gold, Malabar Gold & Diamonds listed ₹15,665 per gram, while Tanishq's 24K rate was ₹15,715 per gram. Tanishq's 22K gold rate stood at ₹14,405 per gram.
These detailed rates provide a comprehensive overview for consumers and investors monitoring the precious metals market in India.