Gold prices in India remained mostly stable on Monday, September 28. The indicative price of 24-carat gold was ₹15,267 per gram, while 22-carat gold was available at ₹13,994 per gram. The rate for 18-carat gold stood at ₹11,450 per gram.
These are indicative market rates and do not include GST, TCS or other applicable charges. The final cost of gold jewellery can be higher depending on making charges and the pricing policy of the jeweller.
Gold Rate Today in India
The latest indicative gold prices on September 28 are as follows:
| Gold Purity | Price per Gram |
|---|---|
| 24K Gold | ₹15,267 |
| 22K Gold | ₹13,994 |
| 18K Gold | ₹11,450 |
For 10 grams, the indicative price of 24K gold is ₹1,52,670, while 22K gold costs ₹1,39,940.
Gold Prices in Major Indian Cities
Gold rates can vary slightly from one city to another. The indicative prices for one gram on September 28 are:
| City | 24K | 22K | 18K |
|---|---|---|---|
| Chennai | ₹15,272 | ₹13,999 | ₹11,769 |
| Mumbai | ₹15,267 | ₹13,994 | ₹11,450 |
| Delhi | ₹15,282 | ₹14,009 | ₹11,465 |
| Kolkata | ₹15,267 | ₹13,994 | ₹11,450 |
| Bengaluru | ₹15,267 | ₹13,994 | ₹11,450 |
| Hyderabad | ₹15,267 | ₹13,994 | ₹11,450 |
| Kerala | ₹15,267 | ₹13,994 | ₹11,450 |
| Pune | ₹15,267 | ₹13,994 | ₹11,450 |
| Ahmedabad | ₹15,272 | ₹13,999 | ₹11,455 |
Silver Price Today in India
Silver also saw a small decline on September 28. The rate stood at ₹244.90 per gram, while the price for one kilogram was ₹2,44,900.
| Quantity | Today’s Price | Change |
|---|---|---|
| 1 gram | ₹244.90 | -₹0.10 |
| 10 grams | ₹2,449 | -₹1 |
| 100 grams | ₹24,490 | -₹10 |
| 1 kg | ₹2,44,900 | -₹100 |
Chennai, Hyderabad and Kerala recorded a slightly higher silver price of ₹2,499 per 10 grams. In Delhi, Mumbai, Kolkata, Bengaluru and Pune, the rate was ₹2,449 per 10 grams.
Factors That Influence Gold Prices
Gold rates in India are affected by several domestic and international factors. Global gold prices, movements in the US dollar against the Indian rupee, inflation trends and interest-rate expectations can all influence the domestic market.
Geopolitical developments, demand for jewellery and investment, along with import duties and taxes, also play a role in determining gold prices.
Currency movements are another important factor. If the rupee weakens against the US dollar while international gold prices remain unchanged, the domestic cost of importing gold can increase.
Things to Check Before Buying Gold Jewellery
The gold rate displayed by a jeweller is not necessarily the final price a customer will pay. Buyers should check the purity and hallmark details, the net weight of gold, making charges and applicable GST before completing a purchase.
Making charges can vary considerably between jewellers. Therefore, comparing the complete final bill is more useful than looking only at the quoted price per gram.
Disclaimer: The prices mentioned in this article are indicative rates for September 28, 2026 and may vary depending on the city, jeweller, market conditions and applicable charges. The final jewellery price may also include GST, making charges and other costs. Buyers should confirm the prevailing rate and complete pricing details with their jeweller before making a purchase.