Walk past a jewellery shop early morning in India and the first thing that catches the eye is the rate board. Numbers painted fresh, some scratched out, some updated hurriedly before the shutters even roll up. Families pause outside, whispering comparisons with yesterday’s figure.
Gold rate today in India for 14k, 18k, and 24k is not a dry statistic. It’s a daily marker for savings, weddings, or even a small pair of earrings bought on impulse. The chatter is constant because a few rupees up or down changes plans.
Current Gold Rate in India
On 26 September 2025, 24k gold was quoted at ₹11,488 per gram or ₹1,14,880 per 10 grams. The 22k figure stood at ₹10,530 per gram. For 18k, the number reached ₹8,616 per gram, while 14k, the lower purity, stayed cheaper and was seen more in lightweight chains and daily wear rings. Compared to Thursday, rates climbed slightly. Dealers blamed two culprits: stronger global prices and a softer rupee. By mid-day, traders in Mumbai reported more walk-ins than usual, with buyers keen to block rates before the next rise.
City-Wise Gold Rates Across India
Gold rates are rarely uniform. Transport costs, state taxes, and local demand leave their marks. Delhi and Mumbai keep close parity, while Chennai and Kolkata often carry marginally higher tags.
| City | 24k (per 10g) | 22k (per 10g) | 18k (per 10g) |
| Delhi | ₹1,14,880 | ₹1,05,300 | ₹86,160 |
| Mumbai | ₹1,14,870 | ₹1,05,290 | ₹86,150 |
| Chennai | ₹1,14,950 | ₹1,05,360 | ₹86,190 |
| Kolkata | ₹1,14,860 | ₹1,05,280 | ₹86,140 |
| Hyderabad | ₹1,14,900 | ₹1,05,340 | ₹86,170 |
| Bangalore | ₹1,14,890 | ₹1,05,330 | ₹86,165 |
A quick call to jewellers in smaller towns revealed another pattern—slight markups compared to metros. The reason isn’t a mystery: logistics and local margins. Customers in these areas are used to paying that extra stretch.
Factors Influencing Today’s Gold Price
Gold prices in India move on multiple levers. Some sit overseas, others at home.
Global Spot Price
The late-night tickers in London and New York ripple straight into Indian counters by morning. When global prices climb, shop boards here reflect it before customers finish their tea.
Rupee Against the Dollar
India buys most of its gold from abroad. If the rupee weakens against the dollar, the cost goes up instantly. This week’s slide in the currency is one reason for the higher tag seen today.
Seasonal and Cultural Demand
The rhythm of weddings and festivals keeps demand alive. Families often book jewellery weeks in advance. In Gujarat and Tamil Nadu, advance orders for Navratri are already filling store ledgers. Traders know these patterns too well—they stock accordingly.
Import Duty and Policy
Government policy has the power to jolt prices overnight. A small tweak in duty during the Union Budget can lead to long queues at shops the very same evening. Customers remember such jolts and rush before fresh duties apply.
Recent Trends in the Indian Gold Market
The last three months have been a slow climb. Gold rate today in India sits higher than the same time last year—about 15 percent up for 24k. For middle-income households, the climb feels heavy. Still, tradition keeps them buying. Weddings don’t wait for corrections, and festivals don’t pause for markets.
Jewellers in Coimbatore and Delhi observed brisk sales in 18k and 14k ornaments. Lighter pieces are popular among younger buyers, who often want designs that fit daily wear. A goldsmith in Hyderabad mentioned how students and young professionals now prefer smaller chains in 14k to balance price with style. On the flip side, investors and older buyers continue to prefer coins and bars in 24k, often locking them into lockers for years.
Digital platforms are also altering habits. Small purchases of one or two grams through apps have become common. These are bought casually, like recharging a phone plan. Still, the emotion tied to gifting gold remains anchored to physical ornaments. Grandparents walking into stores for hallmarked bangles are as much a reality as teenagers tapping buy on their screens.
Looking ahead, jewellers expect October to be busy. Wedding dates are packed, and festivals stretch across weeks. If global prices edge up further, another wave of buying could arrive as families rush to secure ornaments before another jump. Traders describe this cycle as predictable, yet always intense—stocking warehouses, extending working hours, and preparing for bargaining sessions across counters.
