Gold Rate in India Today, September 1, 2026: 24K Gold Ticks Up ₹160 per 10 gm as 18K Slips on Tuesday

New Delhi, Sept 1: Gold prices in India moved in mixed directions on Tuesday morning, with 24 karat and 22 karat gold edging higher even as 18 karat gold eased in most cities, a day after the metal’s steep slide on Monday. Today’s national rate for gold stands at ₹1,56,930 per 10 grams for 24 karat gold (99.9% purity), ₹1,43,850 per 10 grams for 22 karat gold (91.6% purity), and ₹1,17,700 per 10 grams for 18 karat gold (75% purity). On a per-gram basis, that works out to ₹15,693 for 24K, ₹14,385 for 22K, and ₹11,770 for 18K gold, while a full kilogram of 24K gold is now valued at approximately ₹1,56,93,000. 

The move marks a gain of ₹160 for 24K gold and ₹150 for 22K gold per 10 grams over Monday’s closing levels of ₹1,56,770 and ₹1,43,700, respectively, even as 18K gold slipped ₹150 per 10 grams from Monday’s ₹1,17,850 on a national basis. That works out to a per-gram rise of about ₹16 for 24K and ₹15 for 22K gold, close to 0.10% each, while 18K gold eased by roughly ₹15 per gram, or about 0.13%. The divergence marks a break from Monday’s uniform decline across all three purity categories, with 24K and 22K gold recovering part of the previous session’s losses even as 18K gold extended its slide. 

Gold has long been considered a reliable hedge against inflation, and Tuesday’s modest, mixed movement is unlikely to change that view among investors, who continue to treat the metal as an important part of a diversified portfolio during periods of global uncertainty. Buyers looking for exact pricing can use the Gold Rate Calculator to work out the final cost, including making charges and GST, before heading to a jewellery counter. 

Dealers attributed Tuesday’s uptick in 24K and 22K gold to renewed safe-haven buying in global spot prices, as fresh Iran-US tensions and a spike in crude oil supported demand even as broader equity markets stayed under pressure. Traders said the divergence in 18K gold likely reflects local market conventions around jewellery-grade pricing rather than any shift in the underlying bullion trend. Indian equity benchmarks extended Monday’s losses through the morning session even as gold found some support. 

Physical demand at the retail level remained steady, dealers said, with the wedding and festive season in several parts of the country continuing to support jewellery counter footfall. Market watchers noted that Tuesday’s modest recovery in 24K and 22K gold, after four sessions of declines, could signal near-term stabilisation, though the mixed movement across purities suggests the market remains cautious rather than decisively trending in either direction. 

City-Wise Gold Rates on Tuesday 

Gold rates across India’s major cities largely mirrored the national trend on Tuesday, with 24K and 22K gold rising uniformly by ₹160 and ₹150 per 10 grams, respectively, across all ten cities tracked. Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune are all pricing 24K gold at ₹1,56,930 per 10 grams and 22K gold at ₹1,43,850 per 10 grams, in line with the national rate. Delhi continues to command the highest 24K and 22K gold rates among the ten cities, with 24K gold priced at ₹1,57,080 per 10 grams, a premium of ₹150 over the national average, while Vadodara and Ahmedabad trail close behind at ₹1,56,980 per 10 grams. 

The 18K segment told a more mixed story. Chennai bucked the broader trend, with 18K gold rising ₹150 per 10 grams to ₹1,21,550, even as every other city recorded a decline. Mumbai and Pune fell the most, down ₹150 per 10 grams to ₹1,17,700, while the remaining cities each eased by a smaller ₹120 per 10 grams. Chennai’s 18K premium over the national rate has now widened further, underscoring how local jewellery-market conventions can pull 18K pricing in a different direction from the broader 24K and 22K trend. 

24K Gold — 10 Major Cities (per 10 gm) 

Source: goodreturns.in/gold-rates 

22K Gold — 10 Major Cities (per 10 gm) 

Source: goodreturns.in/gold-rates 

18K Gold — 10 Major Cities (per 10 gm) 

Source: goodreturns.in/gold-rates 

Retail buyers are reminded that quoted bullion rates are indicative, and actual billed prices at jewellery counters will vary once making charges, wastage and applicable GST are added on top of the base metal value. 

Investors who are looking to diversify beyond physical gold can also explore the list of Gold ETFs in India, which track bullion prices without the need to store physical metal: https://hdfcsky.com/etf/gold-etf 

Market watchers said Tuesday’s mixed session, coming after four straight declines in 24K and 22K gold, suggests the market may be finding a near-term floor even as global cues remain volatile amid the fresh Iran-US flare-up and elevated crude prices. With gold’s near-term direction likely to hinge on how the geopolitical situation evolves through the week, dealers advised buyers to track rates closely rather than assume Tuesday’s modest gains mark the start of a sustained recovery. 

Jewellery Stocks Today 

Shares of listed jewellery companies were broadly lower around mid-morning trade on Tuesday even as gold’s purer categories ticked higher, with Titan Company, Kalyan Jewellers India and Thangamayil Jewellery all trading in the red, while PC Jeweller posted a smaller decline than a day earlier. Kalyan Jewellers India led the losses among the group. Trading was still underway through the morning session at the time of writing. 

Why PC Jeweller Remains Volatile 

PC Jeweller’s stock has swung sharply over the past two sessions, falling 1.28% to ₹10.80 on Monday before trimming some of that decline to trade at ₹10.92, down 0.64%, on Tuesday, with intraday moves of over 3% between its daily high and low on both days. The stock’s low absolute price of under ₹11 means even small rupee-value changes translate into outsized percentage swings, a pattern typical of penny stocks with high retail trading volumes exceeding 3-4 crore shares a day. PC Jeweller also carries a legacy of financial stress and debt-restructuring concerns, which tends to make its shares more reactive to sentiment shifts than better-capitalised jewellery peers like Titan or Kalyan Jewellers.