Gold Rate in India Today, September 4, 2026: 24K Gold Extends Gains, Rises ₹1,310 per 10 gm on Friday

New Delhi, Sept 4: Gold prices in India edged higher for a third straight session on Friday, extending Thursday’s sharp rebound with a steadier, more broad-based rise across the country. Today’s gold price in India stands at ₹15,666 per gram for 24 karat gold (99.9% purity), ₹14,360 per gram for 22 karat gold (91.6% purity), and ₹11,749 per gram for 18 karat gold (75% purity). On a per-10-gram basis, that works out to ₹1,56,660 for 24K, ₹1,43,600 for 22K, and ₹1,17,490 for 18K gold, while a full kilogram of 24K gold is now valued at approximately ₹1,56,66,000. 

The move marks a gain of ₹1,310 for 24K gold, ₹1,200 for 22K gold, and ₹980 for 18K gold per 10 grams over Thursday’s closing levels of ₹1,55,350, ₹1,42,400 and ₹1,16,510, respectively — a uniform rise of about 0.84% across all three purity categories. Unlike Thursday’s rebound, which saw Chennai lag well behind the rest of the country, Friday’s rise was largely even across major cities, a sign that the market may be settling into a steadier upward drift after two sessions of sharp, headline-driven swings. 

Gold has long been considered a reliable hedge against inflation, and Friday’s continued climb reinforces that view even as the metal’s week-to-date moves remain unusually volatile. 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. Rates are updated daily and sourced from reputed jewellers across the country. 

Dealers attributed Friday’s steadier gains to continued safe-haven buying in global spot gold prices, with the Iran-US standoff still unresolved heading into the weekend and investors reluctant to unwind hedges before fresh developments emerge. A mildly softer US dollar also lent some support, though traders said the pace of Friday’s rise was noticeably more measured than Thursday’s sharp bounce, describing the session as consolidation rather than a fresh leg higher. With no clear de-escalation signalled overnight, market participants said gold was likely to hold on to its gains through the end of the week. 

Physical demand at the retail level remained firm through the week, dealers said, with wedding and festive season buying in several parts of the country continuing to support jewellery counter footfall. Market watchers noted that the smaller, more uniform move on Friday, compared with the sharp city-wise divergences seen earlier in the week, could reflect steadier festive stocking by jewellers rather than reactive, headline-driven trading. 

City-Wise Gold Rates on Friday 

Gold rates across India’s major cities rose in near lock-step on Friday, a departure from the uneven moves seen through the week, with 24K and 22K gold rising by a uniform ₹1,310 and ₹1,200 per 10 grams, respectively, in all ten cities tracked. Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune are all pricing 24K gold at ₹1,56,660 per 10 grams and 22K gold at ₹1,43,600 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 ₹1,56,810 per 10 grams, while Vadodara and Ahmedabad follow close behind at ₹1,56,710 per 10 grams. 

Chennai stood apart once again, though this time on the upside. While its 24K and 22K gold rose by the same ₹1,310 and ₹1,200 per 10 grams seen elsewhere, its 18K gold jumped by a sharper ₹1,610 per 10 grams to ₹1,21,300 — well above the ₹980 rise recorded in most other cities. The divergence widens Chennai’s 18K premium over the rest of the country, a reversal of the pattern seen through the week, when Chennai’s rates had generally moved by smaller amounts than its peers on both up days and down days. Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune all posted a uniform ₹980 per 10 grams rise in 18K gold, while Delhi, Vadodara and Ahmedabad rose by the same ₹980 to reach the ₹1,17,540–₹1,17,640 range depending on the city’s base rate. 

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 Friday’s steadier climb underscores how closely gold prices are now tracking headlines from the Middle East, with the metal having swung by more than 2% in either direction over consecutive sessions earlier this week before settling into a calmer, single-digit percentage drift. Dealers said gold’s near-term path will likely stay sensitive to any fresh developments over the weekend, with a quiet news cycle expected to keep the metal range-bound rather than trending sharply in either direction. 

Jewellery Stocks Today 

Shares of listed jewellery companies were mostly higher in morning trade on Friday, tracking gold’s steady climb, with PC Jeweller, Kalyan Jewellers India and Thangamayil Jewellery all trading in the green while Titan Company was the lone decliner. PC Jeweller was once again the standout performer by a wide margin, extending its recent rally after this week’s capital-raising approvals. Trading was still underway through the morning session at the time of writing. 

Source: NSE 

PC Jeweller: Rally Extends for a Second Straight Session 

PC Jeweller shares surged nearly 6% on Friday, extending a recovery that began earlier this week after shareholders approved a series of measures to strengthen the company’s balance sheet. The stock’s rise builds on Tuesday’s shareholder approval of an increase in authorised share capital to ₹1,460 crore and a proposal to raise up to ₹1,000 crore through a Qualified Institutional Placement, both aimed at improving the jewellery retailer’s financial flexibility. With the stock trading just above ₹11, PC Jeweller’s percentage moves remain unusually large relative to its peers, a pattern typical of low-priced, high-volume counters reacting to corporate developments. 

Source

• goodreturns.in