1 day ago
Gold Prices Rise Across Major Indian Cities on September 1
Gold prices went up in India on September 1, 2026.
The price of 24-carat gold was Rs.
15,693 per gram.
The price of 22-carat gold was Rs.
14,385 per gram.
The price of 18-carat gold was Rs.
11,770 per gram.
Delhi had slightly higher 10-gram prices than Mumbai and Kolkata.
Silver cost Rs.
2,60,000 per kilogram in Delhi, Mumbai, and Kolkata.
Prices can change during the day because international markets are moving.
Reports linked the changes to fluctuating markets and continuing turmoil in the Middle East.
24-carat gold was priced at Rs. 15,693 per gram, up Rs. 16 from August 31.
22-carat gold reached Rs. 14,385 per gram, an increase of Rs. 15.
18-carat gold stood at Rs. 11,770 per gram, up Rs. 12.
Delhi’s 10-gram rates were Rs. 1,44,000 for 22-carat and Rs. 1,57,080 for 24-carat gold.
Mumbai and Kolkata recorded identical rates, while silver was priced at Rs. 2,60,000 per kilogram in all three cities.
- Who
- Gold and silver buyers in India, with prices reported for Delhi, Mumbai, Kolkata, Chennai, and other cities.
- What
- Gold prices increased across the reported Indian markets on September 1, 2026, while silver was quoted at Rs. 2,60,000 per kilogram in Delhi, Mumbai, and Kolkata.
- Where
- India, including Delhi, Mumbai, Kolkata, and Chennai.
- When
- September 1, 2026; the quoted city prices were stated to be closing prices from the previous day and available around 8 a.m.
- Why
- The reports attributed the fluctuations to changing international markets and ongoing turmoil in the Middle East.
Reported Price Framing
Market Uncertainty
Daily price movement
Reported Price Framing
The reports describe gold prices as rising, with increases of Rs. 12 to Rs. 16 per gram depending on purity.
Market Uncertainty
The reports also emphasize that international gold and silver markets have been fluctuating and that prices can change at any moment.
Reasons for volatility
Reported Price Framing
One report notes that gold had recently fallen during the wedding season and fluctuated around stated price levels.
Market Uncertainty
Another report attributes the continuing day-to-day fluctuations to international conditions, including Middle East turmoil and a reported 15% tax rate.
Key facts
- Date
- September 1, 2026
- 24-carat gold
- Rs. 15,693 per gram; up Rs. 16 from August 31
- 22-carat gold
- Rs. 14,385 per gram; up Rs. 15 from August 31
- 18-carat gold
- Rs. 11,770 per gram; up Rs. 12 from August 31
- Delhi gold rates
- Rs. 1,44,000 per 10 grams for 22-carat and Rs. 1,57,080 for 24-carat
- Mumbai and Kolkata gold rates
- Rs. 1,43,850 per 10 grams for 22-carat and Rs. 1,56,930 for 24-carat
- Silver rate
- Rs. 2,60,000 per kilogram in Delhi, Mumbai, and Kolkata
- Price timing
- Rates may change throughout the day; the stated figures were closing prices from the previous day
Sources
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