Gold Rate in India Today, September 10, 2026: 24K Gold Jumps ₹1,200 per 10 gm on Thursday

New Delhi, Sept 10: Gold prices in India bounced back sharply on Thursday, with the national 24 karat gold rate (99.9% purity) climbing to ₹1,55,510 per 10 grams, 22 karat gold price (91.6% purity) at ₹1,42,550 per 10 grams and 18 karat gold rate (75% purity) at ₹1,16,630 per 10 grams. The move reverses all of Wednesday’s decline and then some, with 24K gold up ₹1,200 per 10 grams from Wednesday’s national rate of ₹1,54,310, 22K gold up ₹1,100, and 18K gold up ₹900 — the sharpest single-session gain gold has posted so far this week. 

Gold has traditionally been viewed as an effective hedge against inflation, and Thursday’s rebound reinforces that reputation after Wednesday’s brief dip. Buyers looking to purchase gold can refer to a Gold Rate Calculator to determine the expected final billed price at the jeweller’s counter, based on their desired purchase quantity and taking into account making charges, wastage and applicable GST. Figures stated here are indicative national averages aggregated from trusted jewellers across the country and updated multiple times through the trading day; expect actual prices at the jewellery counter to vary slightly between different retailers. Buyers comparing rates across purities should note that the ₹1,200 jump in 24K gold and the ₹900 jump in 18K gold both represent broadly similar percentage moves, even though the rupee figures differ owing to the underlying difference in purity between the two. 

Dealers said Thursday’s sharp bounce reflects a swift reversal in global spot gold, with investors who had booked profits on Wednesday’s dip stepping back in as bullion found renewed support overnight. A softer US dollar and a pickup in safe-haven demand both contributed to the move, traders said, effectively wiping out Wednesday’s correction within a single session. With the size of Thursday’s gain roughly matching Wednesday’s decline in percentage terms, market participants described the two sessions together as a round trip rather than a meaningful shift in gold’s underlying trend, which most dealers still characterise as gradually higher. Some analysts pointed to a batch of overnight commentary from global central bank officials, seen as leaving the door open to further monetary easing, as a contributing factor in reviving demand for the metal so quickly after Wednesday’s pullback. 

Physical demand at the street level has stayed strong through this stretch of volatility, jewellers noted, buoyed by ongoing wedding-season purchases and festival-linked buying in several parts of the country. Retailers said Thursday’s sharp rebound is unlikely to dent that momentum immediately, though some buyers who had stepped in during Wednesday’s dip may now feel vindicated for having acted quickly rather than waiting for prices to fall further. A few jewellers also said Thursday’s swift bounce-back could nudge more price-sensitive buyers to stop waiting for dips altogether, given how quickly Wednesday’s lower levels disappeared. 

City-Wise Gold Rates: Wednesday vs Thursday 

The tables below list gold rates from Wednesday (Sept 9) against Thursday’s (Sept 10) rates for 10 major cities in India, quoted per 10 grams for 24K, 22K and 18K gold. The 24K and 22K tables show a striking uniformity: every one of the ten cities, including Chennai and Delhi, posted an identical gain of ₹1,200 for 24K gold and ₹1,100 for 22K gold, meaning Chennai’s rates for these two purities continue to track the national average exactly, just as they did on Wednesday. The 18K table tells a different story, with gains varying meaningfully by city — Chennai’s 18K premium widened further, while Delhi’s 18K rate rose by a mere ₹90, far short of the ₹900 gain seen in most other cities. 

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

City	Wed, Sep 9	Thu, Sep 10	Diff
Chennai	₹1,54,310	₹1,55,510	+₹1,200
Mumbai	₹1,54,310	₹1,55,510	+₹1,200
Delhi	₹1,54,460	₹1,55,660	+₹1,200
Kolkata	₹1,54,310	₹1,55,510	+₹1,200
Bangalore	₹1,54,310	₹1,55,510	+₹1,200
Hyderabad	₹1,54,310	₹1,55,510	+₹1,200
Kerala	₹1,54,310	₹1,55,510	+₹1,200
Pune	₹1,54,310	₹1,55,510	+₹1,200
Vadodara	₹1,54,360	₹1,55,560	+₹1,200
Ahmedabad	₹1,54,360	₹1,55,560	+₹1,200

Source: goodreturns.in/gold-rates 

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

City	Wed, Sep 9	Thu, Sep 10	Diff
Chennai	₹1,41,450	₹1,42,550	+₹1,100
Mumbai	₹1,41,450	₹1,42,550	+₹1,100
Delhi	₹1,41,600	₹1,42,700	+₹1,100
Kolkata	₹1,41,450	₹1,42,550	+₹1,100
Bangalore	₹1,41,450	₹1,42,550	+₹1,100
Hyderabad	₹1,41,450	₹1,42,550	+₹1,100
Kerala	₹1,41,450	₹1,42,550	+₹1,100
Pune	₹1,41,450	₹1,42,550	+₹1,100
Vadodara	₹1,41,500	₹1,42,600	+₹1,100
Ahmedabad	₹1,41,500	₹1,42,600	+₹1,100

Source: goodreturns.in/gold-rates 

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

City	Wed, Sep 9	Thu, Sep 10	Diff
Chennai	₹1,19,150	₹1,20,250	+₹1,100
Mumbai	₹1,15,730	₹1,16,630	+₹900
Delhi	₹1,15,880	₹1,15,970	+₹90
Kolkata	₹1,15,730	₹1,16,630	+₹900
Bangalore	₹1,15,730	₹1,16,630	+₹900
Hyderabad	₹1,15,730	₹1,16,630	+₹900
Kerala	₹1,15,730	₹1,16,630	+₹900
Pune	₹1,15,730	₹1,16,630	+₹900
Vadodara	₹1,15,780	₹1,16,680	+₹900
Ahmedabad	₹1,15,780	₹1,16,680	+₹900

Source: goodreturns.in/gold-rates 

As seen in the tables above, Chennai’s 18K rate has climbed to ₹1,20,250 per 10 grams, well above the ₹1,16,630 now quoted in Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune, with the city’s premium in this purity actually widening on Thursday rather than narrowing. Delhi, meanwhile, presents the session’s biggest outlier: its 18K rate of ₹1,15,970 rose by just ₹90, leaving it now priced below Mumbai’s ₹1,16,630 for the same purity — a reversal from Wednesday, when Delhi carried a modest premium over Mumbai in 18K gold. Market participants said it is not immediately clear what is driving Delhi’s unusually muted 18K move relative to the rest of the country, and said the coming sessions will show whether this is a one-off pricing quirk or the start of a more lasting divergence. Retail buyers in Delhi specifically shopping for 18K jewellery may find today’s rates comparatively more attractive than those in most other major cities, at least until the gap closes. 

Investors looking to diversify beyond physical gold can also explore the list of Gold ETFs in India, which allow exposure to bullion prices without the need to store physical metal: 

https://hdfcsky.com/etf/gold-etf 

International Cues Behind the Rebound 

Overnight moves in global bullion markets were the primary driver behind Thursday’s sharp recovery, dealers said, with spot gold prices in international markets rising broadly in step with the domestic rebound seen across Indian cities. A pullback in US Treasury yields overnight made non-yielding assets like gold comparatively more attractive to global investors, analysts noted, while renewed uncertainty around the pace of future policy tightening by major central banks added a fresh layer of safe-haven demand. Currency movements also played a supporting role, with a marginally weaker rupee against the dollar amplifying some of the rupee-denominated gains seen in the domestic market on top of the underlying move in international gold prices. 

Jewellery Stocks Today 

All four jewellery stocks on our watch list traded higher on Thursday morning, moving in step with gold’s sharp rebound after Wednesday’s dip. PC Jeweller led the gainers by a wide margin, climbing over 2% in early trade, while Titan Company, Kalyan Jewellers India and Thangamayil Jewellery all posted more modest advances. The broad-based gains stand in contrast to Wednesday’s mixed session, when PC Jeweller was the lone stock in the green even as gold itself slipped. 

Jewellery Stocks (Morning Trade) 

Company	Ticker	Price	Change
PC Jeweller	PCJEWELLER	₹14.17	+₹0.30 (+2.16%)
Titan Company	TITAN	₹5,008.00	+₹3.00 (+0.06%)
Kalyan Jewellers India	KALYANKJIL	₹612.20	+₹4.60 (+0.76%)
Thangamayil Jewellery	THANGAMAYL	₹5,142.00	+₹24.00 (+0.47%)

Source: NSE 

PC Jeweller’s intraday chart showed the stock climbing steadily through the first hour of trade after a firmer open, before easing slightly off its highs while still holding on to the bulk of its gains through the rest of the morning. Its order book showed sell-side interest running ahead of buy-side demand, with total order quantity on the sell side well above the buy side even as the stock price continued to advance — a pattern consistent with a stock attracting fresh buying interest into resistance from existing holders booking profits. 

Kalyan Jewellers India recovered from an early dip to trade firmly higher by mid-morning, with its intraday chart showing a steady climb from its session low around 9:30 am through to a peak near 10 am, before drifting only slightly lower into midday. Thangamayil Jewellery posted a choppier session, swinging between gains and losses through the first 45 minutes of trade before establishing a firmer uptrend into late morning. Titan Company was the laggard of the group, edging up only marginally after opening well above its previous close and spending most of the morning giving back those early gains before stabilising. 

Market watchers said Thursday’s across-the-board gains in jewellery stocks, coming in tandem with gold’s sharp rebound, suggest the sector is once again taking its cues from the underlying metal after Wednesday’s more stock-specific, mixed session. Dealers said the alignment between gold’s price action and jewellery stock performance tends to be closer on days with a clear, sizeable move in bullion, as Thursday’s session was, compared with quieter sessions where individual company factors dominate.