Archive · 16 Sep 2026
Indian Gold Prices Mixed as Markets Track Fed Decision
Gold prices in India moved in different directions on September 16, 2026.
The price of 24K gold fell slightly compared with the day before.
Prices for 22K and 18K gold increased.
On the Multi Commodity Exchange, gold prices rose by more than 0.5 percent.
The exchange opened at about Rs 1.52 lakh for 10 grams.
Investors were watching geopolitical tensions and the United States Federal Reserve’s policy decision.
An analyst said gold was recovering after losing value for two sessions.
The analyst linked the recovery partly to lower oil prices and slightly lower Treasury yields.
Gold prices can differ because gold has different purity levels and is traded in different markets.
On September 16, 2026, 24K gold in India was priced at Rs 15,344 per gram, down Rs 27 from the previous day.
The reported 22K gold price rose Rs 25 to Rs 14,065 per gram, while 18K gold rose Rs 20 to Rs 11,508.
Gold futures on the Multi Commodity Exchange gained more than 0.5 percent and opened at about Rs 1.52 lakh per 10 grams.
Investors were monitoring geopolitical tensions and the United States Federal Reserve’s policy decision.
A commodities analyst attributed gold’s recovery to lower oil prices and a slight decline in Treasury yields after two sessions of losses.
- Who
- Gold buyers and investors, including those monitoring the United States Federal Reserve’s policy decision.
- What
- Indian gold prices were mixed, while Multi Commodity Exchange gold gained more than 0.5 percent.
- When
- September 16, 2026.
- Where
- India, including Delhi, Mumbai, Kolkata, Chennai, Lucknow and other cities.
- Why
- Investors were tracking geopolitical tensions and the Federal Reserve’s policy decision; an analyst also cited lower oil prices and slightly lower Treasury yields as factors supporting gold’s recovery.
- Date
- September 16, 2026
- 24K gold
- Rs 15,344 per gram; 99.9% purity; down Rs 27 from September 15
- 22K gold
- Rs 14,065 per gram; 91.6% purity; up Rs 25 from September 15
- 18K gold
- Rs 11,508 per gram; 75% purity; up Rs 20 from September 15
- Multi Commodity Exchange
- Gold gained more than 0.5 percent and opened at about Rs 1.52 lakh per 10 grams
- Market explanation
- Vedika Narvekar of Anand Rathi said lower oil prices and a slight decline in Treasury yields supported gold’s recovery
Sources
Gold Rate Today (September 16, 2026): Gold Prices Gain, Check 24K, 22K, 18K Prices In Delhi, Mumbai, Kolkata, Chennai, Lucknow And Other Major Cities
Gold Rate Today (September 15, 2026): Gold Prices Steady, Check 24K, 22K, 18K Prices In Delhi, Mumbai, Kolkata, Chennai, Lucknow And Other Major Cities