1 day ago
Gold Prices Slip Across Indian Cities as Rates Fall
Gold prices went down in India at the start of September 2026.
One report said prices fell by 0.2% on September 1.
It listed different prices for 24K, 22K and 18K gold.
Another report gave prices for Delhi, Mumbai and Kolkata on September 2.
Delhi had slightly higher prices than Mumbai and Kolkata in that report.
Silver cost Rs.
2,45,000 per kilogram in all three cities.
Analysts said traders were selling some gold after its recent rise.
The prices can change during the day, so buyers should check live rates.
Gold prices fell marginally by 0.2% in early trade on September 1, 2026.
The Multi Commodity Exchange opened gold at Rs. 1.54 lakh per 10 grams.
On September 1, 24K, 22K and 18K gold were listed at Rs. 15,693, Rs. 14,385 and Rs. 11,770 per gram, respectively.
On September 2, 22K gold cost Rs. 1,39,500 per 10 grams in Delhi and Rs. 1,39,350 in Mumbai and Kolkata.
On September 2, 24K gold was priced at Rs. 1,52,170 in Delhi and Rs. 1,52,020 in Mumbai and Kolkata, while silver was Rs. 2,45,000 per kilogram.
- Who
- Gold buyers, traders and analysts were affected by the price movements.
- What
- Gold prices declined, with different 24K and 22K rates reported for major Indian cities.
- Where
- The prices concern India, including Delhi, Mumbai, Kolkata and other major cities.
- When
- The reports cover September 1 and September 2, 2026.
- Why
- The decline was linked to bearish global cues, profit-booking and gold failing to maintain its earlier momentum.
Key facts
- September 1 early-trade move
- Gold prices declined by 0.2%.
- Multi Commodity Exchange opening
- Gold opened at Rs. 1.54 lakh per 10 grams.
- September 1 24K rate
- Rs. 15,693 per gram, with 99.9% purity.
- September 1 22K rate
- Rs. 14,385 per gram, with 91.6% purity.
- September 1 18K rate
- Rs. 11,770 per gram, with 75% purity.
- September 2 silver rate
- Rs. 2,45,000 per kilogram in Delhi, Mumbai and Kolkata.
- Price timing
- The September 2 figures were described as previous-day closing prices and could change during the day.
Sources
Related news
Gold Prices Rise Across Major Indian Cities on September 1
Gold Prices Fall Further Amid US-Iran Tensions and Rate Fears
Gold Rates Surge in Delhi, Mumbai and Kolkata
Gold Prices Dip Across Indian Cities on August 25
Gold Rates Fall Across Delhi, Mumbai, Kolkata on August 29
Gold rates fall across Delhi, Mumbai and Kolkata
West Bengal Sets September Delimitation Deadline for Municipal Polls
TMC Factions Turn West Bengal Assembly Gate Into Battleground
West Bengal SEC Orders Six Districts Ready Before Durga Puja
West Bengal Plans Grand Mahalaya Event, Inviting Modi and Shah
India's 7.8% GDP Growth Sparks Questions Over Economic Reality
