Gold and silver prices remained broadly steady in India on September 26, with rates holding firm across major purity categories. The benchmark gold price stood at ₹1,51,450 per 10 grams, while silver was quoted at ₹2,35,030 per kg.
On the Multi Commodity Exchange (MCX), gold futures were trading 0.12% lower at ₹1,50,700 per 10 grams. Silver futures, meanwhile, gained 0.65% to around ₹2,35,000 per kg at the time of reporting.
Retail buyers in India mainly purchase 24-carat and 22-carat gold. While 24K gold is considered pure gold, 22K is commonly used for jewellery because the addition of other metals makes it more suitable for everyday use.
Gold prices in the domestic market are influenced by international bullion prices, movements in the US dollar against the Indian rupee and buying activity ahead of the festive season. Recent market reports have also shown daily movements in prices quoted by major jewellery brands.
Gold Rate in Major Indian Cities
The following are the quoted 24K and 22K gold rates per 10 grams:
| City | 24K Gold | 22K Gold |
|---|---|---|
| Delhi | ₹1,50,910 | ₹1,38,334 |
| Mumbai | ₹1,51,170 | ₹1,38,573 |
| Bengaluru | ₹1,51,290 | ₹1,38,683 |
| Kolkata | ₹1,50,970 | ₹1,38,389 |
| Hyderabad | ₹1,51,410 | ₹1,38,793 |
| Chennai | ₹1,51,610 | ₹1,38,976 |
These figures represent base bullion rates. The final amount paid for jewellery can be higher because of applicable taxes, making charges and other costs.
Gold purchases in India attract 3% GST on the value of the gold, while jewellery making charges carry a separate 5% GST. Import duties and transportation-related costs can also contribute to differences in retail prices between regions.
Silver Rate in Major Cities
Silver prices were quoted at ₹23,420 per 100 grams and ₹2,34,200 per kg across the cities listed below:
| City | Silver per 100g | Silver per kg |
|---|---|---|
| Delhi | ₹23,420 | ₹2,34,200 |
| Mumbai | ₹23,420 | ₹2,34,200 |
| Bengaluru | ₹23,420 | ₹2,34,200 |
| Kolkata | ₹23,420 | ₹2,34,200 |
| Hyderabad | ₹23,420 | ₹2,34,200 |
| Chennai | ₹23,420 | ₹2,34,200 |
Silver and gold rates can change during the day depending on bullion market movements and local pricing factors.
Gold Prices at Major Jewellery Brands
Major jewellery retailers kept their quoted rates broadly unchanged on September 26, 2026. Joyalukkas and Malabar Gold & Diamonds listed 22K gold at ₹14,010 per gram, while Tanishq quoted ₹14,055 per gram.
For 24K gold, Malabar Gold & Diamonds quoted ₹15,284 per gram. Tanishq’s 24K rate was ₹15,333 per gram based on the prevailing premium over its 22K rate. The reported 22K rates for Joyalukkas, Malabar and Tanishq are consistent with recent published retail listings.
| Jeweller | Purity | Rate per gram |
|---|---|---|
| Joyalukkas | 22K | ₹14,010 |
| Malabar Gold & Diamonds | 22K | ₹14,010 |
| Malabar Gold & Diamonds | 24K | ₹15,284 |
| Tanishq | 22K | ₹14,055 |
| Tanishq | 24K* | ₹15,333 |
*The Tanishq 24K figure is estimated based on the prevailing purity premium over 22K gold.
Small differences between jewellers can occur because of individual pricing structures, inventory costs and regional logistics, even when broader bullion market movements remain similar.
Joyalukkas 22K Gold Rate by State
The quoted Joyalukkas 22K gold rate was ₹14,010 per gram across the following states:
| State | Rate per gram |
|---|---|
| Andhra Pradesh | ₹14,010 |
| Delhi | ₹14,010 |
| Gujarat | ₹14,010 |
| Karnataka | ₹14,010 |
| Kerala | ₹14,010 |
| Maharashtra | ₹14,010 |
| Odisha | ₹14,010 |
| Punjab | ₹14,010 |
| Tamil Nadu | ₹14,010 |
Disclaimer
Gold and silver prices are market-linked and may change during the day. The rates mentioned in this article are for general informational purposes and may differ from the final price offered by a jeweller after taxes, making charges, local levies and other applicable costs. Readers should verify the latest rate with the relevant bullion market or jewellery retailer before making a purchase.