logo

Gold Rate in India Today, September 17, 2026: Prices Up for a Third Straight Session

Authored By HDFC SKY | Last Modified: Sep 17, 2026 12:31 PM IST

Stocks in News
PCJEWELLER
₹12.44
-1.58%
TITAN
₹4,850
-1.19%
KALYANKJIL
₹586.55
0.97%
THANGAMAYL
₹4,823.50
-2.10%
Gold Rate in India Today, September 17, 2026: Prices Up for a Third Straight Session

Open Free Demat Account

Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

New Delhi, Sept 17: Gold prices in India ticked up marginally on Thursday, stretching the current run of gains to a third straight session, though Thursday’s move was by far the smallest of the three. The national 24 karat gold rate (99.9% purity) rose to ₹1,53,450 per 10 grams, 22 karat gold (91.6% purity) edged up to ₹1,40,660 per 10 grams, and 18 karat gold moved to ₹1,15,090 per 10 grams in most cities. That’s a gain of just ₹10 per 10 grams across all three purities compared with Wednesday, a fractional advance of roughly 0.006% — a sharp slowdown from the ₹270 and ₹250 moves seen over the previous two sessions. 

Gold has traditionally been viewed as an effective hedge against inflation, and Thursday’s near-flat session comes after two sessions of far more decisive gains earlier in the week. 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 Thursday’s negligible move suggests the rally that carried gold higher through Tuesday and Wednesday has largely run its course for now, with overseas buying interest cooling off after two firm sessions. A steady US dollar and largely unchanged Treasury yields left gold with little fresh reason to move in either direction, traders said, pinning the metal in a tight band through the morning. Market participants described the tone as a pause rather than a reversal, with dealers watching for a clearer signal before committing to fresh positions either way. 

Physical demand at the jewellery counter has continued to build through the week, jewellers said, with the festive season now in full swing following Monday’s Ganesh Chaturthi. Retailers reported steady footfall for coins, light everyday jewellery and wedding-season pieces alike, largely unaffected by the day-to-day wobble in bullion prices. With Navratri and Diwali still weeks away, jewellers said they expect demand to keep climbing through the coming fortnight regardless of whether prices themselves stay flat or resume climbing. 

India fetches daily nationwide gold rates from designated dealer forums in each city, compiled and published here each morning. These rates are subject to change by the time you arrive at a jewellery or bullion dealer later in the day, so confirm the price your jeweller will offer before making a purchase. 

City-Wise Gold Rates: Yesterday vs Today 

The tables below list gold rates from Wednesday (Sept 16) against Thursday’s (Sept 17) rates for 10 major cities, quoted per 10 grams for 24K, 22K and 18K gold. All three tables show complete uniformity this time: every single city posted an identical, marginal rise of exactly ₹10 across all three purities, a far quieter session than the ₹270 and ₹250 moves recorded a day earlier. 

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

City  Wed, Sep 16  Thu, Sep 17  Diff 
Chennai  ₹1,53,440  ₹1,53,450  +₹10 
Mumbai  ₹1,53,440  ₹1,53,450  +₹10 
Delhi  ₹1,53,590  ₹1,53,600  +₹10 
Kolkata  ₹1,53,440  ₹1,53,450  +₹10 
Bangalore  ₹1,53,440  ₹1,53,450  +₹10 
Hyderabad  ₹1,53,440  ₹1,53,450  +₹10 
Kerala  ₹1,53,440  ₹1,53,450  +₹10 
Pune  ₹1,53,440  ₹1,53,450  +₹10 
Vadodara  ₹1,53,490  ₹1,53,500  +₹10 
Ahmedabad  ₹1,53,490  ₹1,53,500  +₹10 

Source: goodreturns.in/gold-rates 

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

City  Wed, Sep 16  Thu, Sep 17  Diff 
Chennai  ₹1,40,650  ₹1,40,660  +₹10 
Mumbai  ₹1,40,650  ₹1,40,660  +₹10 
Delhi  ₹1,40,800  ₹1,40,810  +₹10 
Kolkata  ₹1,40,650  ₹1,40,660  +₹10 
Bangalore  ₹1,40,650  ₹1,40,660  +₹10 
Hyderabad  ₹1,40,650  ₹1,40,660  +₹10 
Kerala  ₹1,40,650  ₹1,40,660  +₹10 
Pune  ₹1,40,650  ₹1,40,660  +₹10 
Vadodara  ₹1,40,700  ₹1,40,710  +₹10 
Ahmedabad  ₹1,40,700  ₹1,40,710  +₹10 

Source: goodreturns.in/gold-rates 

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

City  Wed, Sep 16  Thu, Sep 17  Diff 
Chennai  ₹1,18,340  ₹1,18,350  +₹10 
Mumbai  ₹1,15,080  ₹1,15,090  +₹10 
Delhi  ₹1,15,230  ₹1,15,240  +₹10 
Kolkata  ₹1,15,080  ₹1,15,090  +₹10 
Bangalore  ₹1,15,080  ₹1,15,090  +₹10 
Hyderabad  ₹1,15,080  ₹1,15,090  +₹10 
Kerala  ₹1,15,080  ₹1,15,090  +₹10 
Pune  ₹1,15,080  ₹1,15,090  +₹10 
Vadodara  ₹1,15,130  ₹1,15,140  +₹10 
Ahmedabad  ₹1,15,130  ₹1,15,140  +₹10 

Source: goodreturns.in/gold-rates 

As the tables show, Chennai’s 18K rate has risen to ₹1,18,350 per 10 grams, keeping its premium over Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune — now at ₹1,15,090 — steady at roughly ₹3,260, unchanged from Wednesday since every city moved by the same ₹10. Delhi’s 18K rate, at ₹1,15,240, continues to sit about ₹150 above Mumbai’s level, the same modest premium seen through the week. Market participants said the day’s uniform, negligible rise across cities reinforces the sense that Thursday was largely a pause session, with the underlying two-tier city structure left completely intact. 

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 Thursday’s Pause 

Overnight moves in global bullion markets were muted, dealers said, with spot gold prices internationally barely shifting from Wednesday’s close, a calm that carried straight through into Thursday’s near-flat rates across Indian cities. A steady US dollar left gold with little incentive to move sharply in either direction, analysts noted, while Treasury yields held largely unchanged. Currency movements played almost no role domestically, with the rupee trading in a narrow band against the dollar. Traders said upcoming central bank commentary out of the US remains the key event to watch, with the potential to break gold out of its current holding pattern in either direction. 

Jewellery Stocks Today 

Jewellery stocks were mixed on Thursday morning, with three of the four tracked counters trading lower even as gold itself posted a marginal gain. PC Jeweller led the decliners by a wide margin, down 1.74%, followed by Thangamayil Jewellery, off 0.56%, and Titan Company, down 0.38%. Kalyan Jewellers India was the lone gainer among the four counters, up a modest 0.46%, bucking the otherwise soft trend across the sector. Trading was still underway at the time of writing. 

Jewellery Stocks (Morning Trade) 

Company  Ticker  Price  Change 
PC Jeweller  PCJEWELLER  ₹12.42  -₹0.22 (-1.74%) 
Titan Company  TITAN  ₹4,890.00  -₹18.50 (-0.38%) 
Kalyan Jewellers India  KALYANKJIL  ₹583.55  +₹2.65 (+0.46%) 
Thangamayil Jewellery  THANGAMAYL  ₹4,899.50  -₹27.50 (-0.56%) 

Source: NSE 

PC Jeweller opened at ₹12.59, held close to that level briefly, then slid steadily through the opening minutes to a low of ₹12.37 before a slight late recovery to ₹12.42, extending its recent run of underperformance. Titan Company opened at ₹4,895.00, just below its previous close, touched an early high of ₹4,899.50, then eased gradually to a low of ₹4,880.50 before settling around ₹4,890.00. Kalyan Jewellers India opened at ₹580.00, dipped briefly to a low of ₹578.50, then reversed higher through the morning to a fresh high of ₹581.90 before easing slightly to ₹583.55, the session’s best-performing counter. Thangamayil Jewellery opened sharply higher at ₹4,950.00, held that level for a few minutes, then slid steadily to a low of ₹4,885.50 before a partial late bounce to ₹4,899.50. 

Market watchers said Thursday’s mixed session among jewellery counters, alongside gold’s own near-flat move, suggests the sector is trading on stock-specific cues rather than any broader signal from bullion prices right now. Dealers pointed to PC Jeweller’s continued weakness as the standout theme of the morning, while Kalyan Jewellers India’s steady climb off its early low stood out as the one bright spot in an otherwise soft sector. Analysts said the day’s pattern — one gainer against three decliners, alongside gold’s own pause — reinforces the view that both gold and jewellery stocks are currently in a holding phase, awaiting a fresh catalyst to set the next direction. 

Disclaimer

At HDFC SKY*, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
HDFC SKY from HDFC Securities, one of most trusted trading platforms in India, has been recognized with the *Next-Gen Digi Content Awards 2025-26.

Summarize with AI
Google GeminiChatGPTPerplexity AIAnthropic AIGrok AI
Desktop BannerMobile Banner

Invest Anytime, Anywhere

Get it on Google PlayGet it on App Store

Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy