Archive · 7 Sep 2026
Gold Prices Fall in India as Higher US Rates Loom
Gold prices in India went down on September 7, 2026.
The fall was seen on the Multi Commodity Exchange.
Gold prices opened at Rs 1.52 lakh for 10 grams.
Pure 24K gold cost Rs 15,415 per gram.
22K gold cost Rs 14,130 per gram.
18K gold cost Rs 11,561 per gram.
Investors are watching events around the world.
They also expect the US Federal Reserve may keep interest rates higher.
Gold prices on the Multi Commodity Exchange fell 0.3% on September 7, 2026.
Gold opened at Rs 1.52 lakh per 10 grams on the exchange.
The 24K gold price was listed at Rs 15,415 per gram.
The 22K and 18K gold prices were Rs 14,130 and Rs 11,561 per gram, respectively.
Prices were influenced by global cues and expectations of higher US Federal Reserve interest rates.
- Who
- Gold investors and traders, who were tracking global cues and US Federal Reserve interest-rate expectations.
- What
- Gold prices in India declined, with the Multi Commodity Exchange recording a 0.3% fall.
- When
- September 7, 2026.
- Where
- India, including prices reported for Delhi, Mumbai, Kolkata, Chennai, Lucknow and other major cities; the decline was reported on the Multi Commodity Exchange.
- Why
- Prices fell as investors tracked global cues and expected higher US Federal Reserve interest rates.
- Date
- September 7, 2026
- Exchange movement
- Gold prices on the Multi Commodity Exchange declined 0.3%.
- Opening price
- Rs 1.52 lakh per 10 grams
- 24K gold
- Rs 15,415 per gram; 99.9% purity
- 22K gold
- Rs 14,130 per gram; 91.6% purity
- 18K gold
- Rs 11,561 per gram; 75% purity
- Market factors
- Global cues and expectations of higher US Federal Reserve interest rates