4 hrs ago
India Gold Prices Fall for 18, 22 and 24 Carat
Gold prices in India went down on September 28, 2026.
The price depends on how pure the gold is.
Very pure 24-carat gold cost Rs 15,017 per gram.
22-carat gold cost Rs 13,765 per gram.
18-carat gold cost Rs 11,263 per gram.
All three prices were lower than on September 26.
The 24-carat price dropped the most, by Rs 251 per gram.
Vikram Subburaj said gold was under pressure while silver was beginning to recover.
He also noted that the listed market prices were early-session figures, not closing prices.
24-carat gold was priced at Rs 15,017 per gram in India on September 28, 2026, according to Good Returns.
The 24-carat rate fell by Rs 251 from its September 26 price.
22-carat gold stood at Rs 13,765 per gram, down Rs 230 from September 26.
18-carat gold was priced at Rs 11,263 per gram, a decrease of Rs 188.
Vikram Subburaj said Indian bullion markets were mixed, with gold under pressure and silver showing early recovery.
- Who
- Gold buyers and sellers in India; Vikram Subburaj, CEO of Giottus.com, provided market commentary.
- What
- Gold prices for 18-, 22- and 24-carat gold declined in India.
- Where
- India; the report also refers to early-session trading on MCX.
- When
- September 28, 2026, compared with prices on September 26.
- Why
- The article reports lower listed gold rates and says gold remained under pressure in early trading.
Key facts
- 24-carat price
- Rs 15,017 per gram
- 22-carat price
- Rs 13,765 per gram
- 18-carat price
- Rs 11,263 per gram
- 24-carat change
- Down Rs 251 from September 26
- 22-carat change
- Down Rs 230 from September 26
- 18-carat change
- Down Rs 188 from September 26
- Early MCX gold price
- October gold was around Rs 1,50,701 per 10 grams in the early September 28 session
Quotes
Vikram Subburaj
CEO of Giottus.com
“Indian bullion markets are starting the week on a mixed note. Gold remains under pressure, while silver is showing some early recovery. On MCX, October gold was around ₹1,50,701 per 10 grams in the early September 28 session. The Silver Mini contract was around ₹2,36,680 per kg. These were early-session prices and not closing levels.”
indianexpress.com



