4 days ago
Gold Prices Rise 0.19% Across India on September 18
Gold prices in India went up a little on 18 September 2026.
The price of 24K gold increased by ₹290 for every 10 grams.
The price of 22K gold also rose.
Chennai had the highest listed price for 24K gold among the cities shown.
Gold was more expensive in India than in Dubai.
A weaker US dollar helped make gold more attractive to buyers in other countries.
Lower oil prices and falling Treasury yields also supported gold prices.
However, possible US interest-rate increases could make gold less attractive.
Analysts said prices may move within a limited range in the near term.
24K gold in India rose ₹290 to ₹153,720 per 10 grams on 18 September 2026.
22K gold increased to ₹140,910 per 10 grams, while 18K gold reached ₹115,290.
Among listed cities, Chennai recorded the highest 24K price at ₹154,160 per 10 grams.
Indian 24K gold was ₹17,415, or 12.78%, more expensive than Dubai prices, excluding fees, duties and taxes.
A weaker US dollar and lower oil prices supported gold, while expected interest-rate increases could limit gains.
- Who
- Gold buyers, investors, market analysts and the US Federal Reserve are relevant to the price movement.
- What
- Indian gold prices rose 0.19%, with 24K gold reaching ₹153,720 per 10 grams.
- Where
- India, with prices listed for Mumbai, Chennai, Delhi, Bengaluru and other cities; Dubai prices were also compared.
- When
- 18 September 2026.
- Why
- A weaker US dollar, lower oil prices and falling Treasury yields supported gold, while higher interest rates and expectations of another US Federal Reserve hike may limit gains.
Factors Supporting Gold
Factors Limiting Gold
Near-term price direction
Factors Supporting Gold
A weak dollar, easing oil prices and lower Treasury yields may support demand and help gold prices rebound.
Factors Limiting Gold
A hawkish monetary-policy stance, higher yields and expectations of another US Federal Reserve rate hike could cap gains and keep prices range-bound.
Investor outlook
Factors Supporting Gold
Jigar Trivedi of IndusInd Securities said MCX Gold October futures may appreciate to ₹153,400 per 10 grams as global prices rebound.
Factors Limiting Gold
The article advises investors to remain cautious and track international trends because interest rates, oil prices and yields could limit further increases.
Key facts
- 24K India price
- ₹153,720 per 10 grams
- 22K India price
- ₹140,910 per 10 grams
- 18K India price
- ₹115,290 per 10 grams
- Daily change
- 24K gold rose ₹290, or 0.19%
- Highest listed city price
- Chennai: ₹154,160 per 10 grams for 24K gold
- India-Dubai difference
- Indian 24K gold was ₹17,415, or 12.78%, more expensive than Dubai gold, excluding fees, duties and taxes
- Near-term outlook
- Analysts expect prices to remain range-bound, although MCX Gold October futures may rebound
Quotes
Jigar Trivedi
Senior Research Analyst at IndusInd Securities
“MCX Gold October futures may appreciate to Rs. 153,400/10g as prices are likely to rebound in the global markets”
financialexpress.com
Sources
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