Gold Rate in India Today, September 11, 2026: 24K Gold Slips ₹2,620 per 10 gm on Friday

New Delhi, Sept 11: Gold prices in India eased on Friday, giving back a large part of Thursday’s sharp rebound. The national 24 karat gold rate (99.9% purity) fell to ₹1,52,890 per 10 grams, 22 karat gold (91.6% purity) slipped to ₹1,40,150 per 10 grams, and 18 karat gold eased to ₹1,14,670 per 10 grams in most cities. That marks a fall of ₹2,620 per 10 grams in 24K gold from Thursday’s ₹1,55,510, a ₹2,400 drop in 22K gold, and roughly a ₹1,960 decline in 18K gold — a pullback of close to 1.7% across purities, undoing most of Thursday’s ₹1,200 bounce. 

Gold has traditionally been viewed as an effective hedge against inflation, and Friday’s pullback comes after two volatile sessions in a row. 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. 

Dealers said Friday’s retreat reflects profit-booking after Thursday’s outsized rally, with some of the investors who had rushed back into bullion overnight choosing to lock in gains rather than chase prices higher. A firmer US dollar and a modest recovery in Treasury yields both weighed on gold overnight, traders said, reversing some of the very factors that had powered Thursday’s bounce. Market participants described the week’s price action as choppy rather than trending, with dealers largely unwilling to call a clear direction until the swings settle down. Some analysts also pointed to routine end-of-week position adjustments by large traders as a contributing factor, noting that Fridays often see lighter conviction moves as participants square off positions ahead of the weekend. 

Physical demand at the street level has stayed resilient through this volatile week, jewellers said, supported by ongoing wedding-season purchases. With Ganesh Chaturthi falling on Monday and marking the formal start of the festive season, several jewellers said Friday’s dip could pull in buyers looking to make purchases ahead of the auspicious occasion, rather than dent festive demand. A few retailers added that price-sensitive customers who had held off through the week’s volatility may see today’s lower levels as a natural entry point before the festive buying picks up pace, particularly for smaller, everyday gold items like coins and light jewellery that tend to sell well in the run-up to Ganesh Chaturthi. 

City-Wise Gold Rates: Thursday vs Friday 

The tables below list gold rates from Thursday (Sept 10) against Friday’s (Sept 11) rates for 10 major cities in India, quoted per 10 grams for 24K, 22K and 18K gold. The 24K and 22K tables again show striking uniformity, with every one of the ten cities posting an identical fall of ₹2,620 for 24K gold and ₹2,400 for 22K gold. The 18K table tells a more varied story: Chennai’s 18K rate fell by the full ₹2,400 seen in the higher purities, while Delhi’s 18K rate dropped by just ₹1,150 — far less than the roughly ₹1,960 decline seen in most other cities. 

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

City	Thu, Sep 10	Fri, Sep 11	Diff
Chennai	₹1,55,510	₹1,52,890	-₹2,620
Mumbai	₹1,55,510	₹1,52,890	-₹2,620
Delhi	₹1,55,660	₹1,53,040	-₹2,620
Kolkata	₹1,55,510	₹1,52,890	-₹2,620
Bangalore	₹1,55,510	₹1,52,890	-₹2,620
Hyderabad	₹1,55,510	₹1,52,890	-₹2,620
Kerala	₹1,55,510	₹1,52,890	-₹2,620
Pune	₹1,55,510	₹1,52,890	-₹2,620
Vadodara	₹1,55,560	₹1,52,940	-₹2,620
Ahmedabad	₹1,55,560	₹1,52,940	-₹2,620

Source: goodreturns.in/gold-rates 

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

City	Thu, Sep 10	Fri, Sep 11	Diff
Chennai	₹1,42,550	₹1,40,150	-₹2,400
Mumbai	₹1,42,550	₹1,40,150	-₹2,400
Delhi	₹1,42,700	₹1,40,300	-₹2,400
Kolkata	₹1,42,550	₹1,40,150	-₹2,400
Bangalore	₹1,42,550	₹1,40,150	-₹2,400
Hyderabad	₹1,42,550	₹1,40,150	-₹2,400
Kerala	₹1,42,550	₹1,40,150	-₹2,400
Pune	₹1,42,550	₹1,40,150	-₹2,400
Vadodara	₹1,42,600	₹1,40,200	-₹2,400
Ahmedabad	₹1,42,600	₹1,40,200	-₹2,400

Source: goodreturns.in/gold-rates 

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

City	Thu, Sep 10	Fri, Sep 11	Diff
Chennai	₹1,20,250	₹1,17,850	-₹2,400
Mumbai	₹1,16,630	₹1,14,670	-₹1,960
Delhi	₹1,15,970	₹1,14,820	-₹1,150
Kolkata	₹1,16,630	₹1,14,670	-₹1,960
Bangalore	₹1,16,630	₹1,14,670	-₹1,960
Hyderabad	₹1,16,630	₹1,14,670	-₹1,960
Kerala	₹1,16,630	₹1,14,670	-₹1,960
Pune	₹1,16,630	₹1,14,670	-₹1,960
Vadodara	₹1,16,680	₹1,14,720	-₹1,960
Ahmedabad	₹1,16,680	₹1,14,720	-₹1,960

Source: goodreturns.in/gold-rates 

As the tables show, Chennai’s 18K rate has eased to ₹1,17,850 per 10 grams, narrowing the city’s premium over Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune — now at ₹1,14,670 — from roughly ₹3,620 on Thursday to about ₹3,180 today. Delhi, meanwhile, has reversed Thursday’s anomaly: its smaller ₹1,150 decline lifted its 18K rate to ₹1,14,820, edging back above Mumbai’s ₹1,14,670 and restoring the modest Delhi premium that had briefly disappeared on Thursday. Market participants said the coming sessions should clarify whether Delhi’s 18K pricing has settled back into its usual pattern or continues to move independently of the rest of the country. 

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 Pullback 

Overnight moves in global bullion markets were the primary driver behind Friday’s retreat, dealers said, with spot gold prices in international markets easing broadly in step with the pullback seen across Indian cities. A firmer US dollar overnight made gold comparatively more expensive for holders of other currencies, analysts noted, while a modest uptick in US Treasury yields reduced some of the appeal of non-yielding assets like bullion. Currency movements played a smaller supporting role on the domestic side, with the rupee trading largely steady against the dollar through the session. Traders said the coming week’s central bank commentary out of the US could prove decisive in determining whether gold resumes its broader uptrend or continues to chop sideways between Wednesday’s low and Thursday’s high. 

Jewellery Stocks Today 

Three of the four jewellery stocks on our watch list traded lower on Friday morning, reversing course after Thursday’s broad-based rally that had tracked gold’s sharp bounce. Kalyan Jewellers India led the decliners, down 2.77%, followed by PC Jeweller, off 2.31%, and Titan Company, down a more modest 1.05%. Thangamayil Jewellery was the lone gainer among the four counters, edging up 0.15%, a sharp turnaround from being the session’s laggard just a day earlier. 

Jewellery Stocks (Morning Trade) 

Company	Ticker	Price	Change
PC Jeweller	PCJEWELLER	₹13.51	-₹0.32 (-2.31%)
Titan Company	TITAN	₹4,968.50	-₹52.50 (-1.05%)
Kalyan Jewellers India	KALYANKJIL	₹595.70	-₹17.00 (-2.77%)
Thangamayil Jewellery	THANGAMAYL	₹5,089.00	+₹7.50 (+0.15%)

Source: NSE 

PC Jeweller’s intraday chart showed the stock falling sharply in the opening minutes after a flat start, then stabilising in a choppy range through the rest of the morning without recovering its early losses. Titan Company opened below its previous close and spent the first hour drifting to its session low before staging a steady recovery through late morning, though it remained in negative territory. Kalyan Jewellers India fell through the first fifteen minutes of trade before finding a floor and trading in a narrow range for the rest of the session, with sellers modestly outnumbering buyers in the order book. Thangamayil Jewellery was the most volatile of the four, spiking to an early high before giving back most of the move, dipping below its previous close by mid-morning, then recovering into positive territory by the time of writing. 

Market watchers said Friday’s mostly lower session among jewellery stocks, coming as gold itself gave back part of Thursday’s gain, suggests the sector is once again tracking bullion’s own price action closely. Dealers said this kind of close alignment tends to hold on days with a clear, sizeable move in gold in either direction, while quieter sessions tend to see individual company factors take over.