Gold Rate in India Today, September 8, 2026: 24K Gold Rises ₹560 per 10 gm on Tuesday

New Delhi, Sept 8: Gold prices across India edged higher on Tuesday morning, with the national rate for 24 karat gold (99.9% purity) climbing to ₹1,55,350 per 10 grams, 22 karat gold (91.6% purity) priced at ₹1,42,400 per 10 grams, and 18 karat gold (75% purity) available at ₹1,16,510 per 10 grams. The move takes 24K gold up by roughly ₹560 per 10 grams from Monday’s national rate of ₹1,54,790, with dealers pointing to a firmer overnight tone in global bullion markets as the trigger for the uptick. 

Gold has long served as a dependable hedge against inflation, and Tuesday’s firmer rates reinforce that reputation even as the broader market continues to weigh a mix of global and domestic signals. Buyers planning a purchase can use a Gold Rate Calculator to work out the final billed price, including making charges, wastage and applicable GST, before heading to a jewellery counter. Rates quoted here are indicative national averages sourced from reputed jewellers and are updated through the day; actual counter prices can vary modestly from one showroom to the next. 

Dealers said Tuesday’s gains reflect a modest pickup in global spot gold, with investors adding to positions after Monday’s pause as safe-haven demand found renewed support. A softer US dollar overnight also helped bullion prices tick higher, traders noted, even as the broader macroeconomic picture remains largely unchanged from the previous session. Analysts tracking bullion futures said the modest uptick also reflects light positioning ahead of a batch of economic data due later in the week, with traders reluctant to take large directional bets until clearer signals emerge from central bank commentary. 

Physical demand at the retail level has remained resilient, jewellers said, supported by a mix of wedding-season purchases and steady festive-linked buying in several parts of the country. Retailers noted that footfall at jewellery counters has held up well despite the higher price levels, a sign that buyers are increasingly willing to adjust the quantity purchased rather than defer purchases altogether. Some jewellers added that a section of buyers appeared to be advancing planned purchases on expectations that rates could climb further through the week. 

City-Wise Gold Rates: Monday vs Tuesday 

The tables below set Monday’s (Sept 7) gold rates for 10 major Indian cities against Tuesday’s (Sept 8) rates, quoted per 10 grams for each of the three purities. Nine of the ten cities recorded identical gains on Tuesday — 24K gold rose by ₹560, 22K gold by ₹510, and 18K gold by ₹420 per 10 grams in Mumbai, Delhi, Kolkata, Bangalore, Hyderabad, Kerala, Pune, Vadodara and Ahmedabad. Chennai was the sole exception, moving against the national trend with a decline of ₹990 in 24K gold, ₹900 in 22K gold, and ₹900 in 18K gold, even though it continues to command the highest absolute rate among the ten cities tracked. 

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 

Chennai’s premium over the rest of the country remains most pronounced in the 18K category, where Tuesday’s rate of ₹1,20,400 per 10 grams still stands well above the ₹1,16,510 quoted in Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune, even after the city’s decline. Market watchers attribute Chennai’s persistently higher absolute rates to local demand patterns and pricing conventions, while noting that Tuesday’s pullback there — in contrast to gains everywhere else — suggests some local-level adjustment rather than a shift in the broader national trend. Retail buyers are reminded that these are indicative bullion rates, and actual billed prices at jewellery counters will vary once making charges and GST are added on top of the base metal value. 

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. 

Jewellery Stocks Today 

Shares of listed jewellery companies were mostly lower in morning trade on Tuesday, a reversal from Monday’s broadly positive session, with three of the four counters tracked slipping into the red even as gold itself firmed up. PC Jeweller led the decliners with a fall of nearly 3%, giving back a portion of its sharp gains from the previous session, while Thangamayil Jewellery and Titan Company also traded weaker. Kalyan Jewellers India was the lone gainer among the four stocks, adding a little over 1%. 

Jewellery Stocks (Morning Trade) 

Source: NSE 

PC Jeweller: Rally Cools After Sharp Gains 

PC Jeweller shares fell nearly 3% on Tuesday, pulling back from Monday’s rally that had pushed the stock up more than 9%. The stock’s order book on Tuesday morning showed sell-side interest slightly ahead of buy-side demand, with just over half of total order quantity concentrated on the sell side, a shift from the heavy buying seen a day earlier. The intraday chart showed the stock opening sharply lower before finding a floor and trading in a choppy range through the morning, a pattern consistent with profit-booking after an outsized move. 

Kalyan Jewellers India bucked the broader trend, climbing steadily through the morning session after opening flat, with its order book showing sell-side pressure outweighing buy-side interest even as the stock price advanced. Thangamayil Jewellery slipped through the morning after a weaker open, with its intraday chart showing the stock struggling to hold onto brief recoveries before drifting lower again. Titan Company traded in a narrow band through the session after opening below its previous close, with its order book showing buyers holding a slim edge over sellers even as the stock stayed marginally in negative territory. 

Market watchers said Tuesday’s mixed performance in jewellery stocks, coming even as gold itself edged higher, suggests stock-specific factors and profit-booking after recent rallies are playing a larger role than the underlying metal’s direction on a given day. Dealers expect gold’s near-term path to remain sensitive to global cues through the week, with a quiet data calendar likely to keep both bullion and jewellery counters range-bound in the absence of fresh triggers. Even so, analysts said the broader trend for listed jewellers remains closely tied to festive and wedding-season demand expectations, which continue to shape sentiment toward the sector regardless of day-to-day volatility in individual counters. 

Source

• goodreturns.in