Planning to buy gold jewellery or invest in the precious metal? Checking the latest market price before making a purchase can help you understand how much you may have to spend. Gold prices in India fluctuate regularly and are influenced by international bullion markets, currency movements, domestic demand and wider economic conditions.

According to the IBJA figures cited in the available data and updated on September 21, 2026, the price of 24-carat gold is listed at Rs 1,57,481 per 10 grams, while 22-carat gold stands at Rs 1,45,082 per 10 grams. The quoted rate for 18-carat gold is Rs 1,18,704 per 10 grams.

Consumers should remember that these are reference rates. The final amount charged by a jeweller can be different because making charges, applicable taxes and other costs may be added to the price of jewellery.

Gold Price in India: 24K, 22K and 18K Rates

The gold prices provided in the source data are:

Gold purity is an important consideration when making a purchase. While 24-carat represents a higher purity level and is commonly considered for investment purposes, lower-carat gold is widely used in jewellery because it is mixed with other metals to improve durability.

Buyers should always check the purity and hallmarking details before purchasing gold jewellery.

Gold Rates Across Major Indian Cities

Gold prices can vary between cities due to differences in local market conditions, dealer costs and other factors. According to the figures cited in the source, the city-wise rates are as follows:

These figures show that bullion rates are not necessarily identical across all cities. Buyers should therefore check the prevailing rate in their own market rather than relying only on a national benchmark.

Why Do Gold Prices Differ Between Cities?

Several factors can contribute to differences in retail gold prices across India. One of the most important is movement in the international gold market. Since global bullion prices influence the cost of gold in India, a sharp rise or fall internationally can affect domestic prices.

The rupee-US dollar exchange rate also plays an important role. India relies significantly on imported gold, so changes in the value of the rupee against the dollar can affect import costs and eventually domestic bullion prices.

Local demand can also influence market conditions. Gold buying traditionally increases around festivals such as Dhanteras and Diwali, as well as during the wedding season. Strong demand can influence retail pricing and premiums in individual markets.

Dealer costs, local premiums and other charges may further create differences between cities.

Global Economic Developments Can Move Gold Prices

Gold prices are sensitive to developments in the broader global economy. Inflation expectations, interest-rate decisions and movements in major currencies can influence investor demand for precious metals.

Geopolitical uncertainty can also affect bullion markets. During periods of economic or geopolitical stress, investors may increase their exposure to gold, while changing interest-rate expectations and currency movements can push prices in either direction.

This means that the price available in the morning may not always remain the same over an extended period, particularly when international markets are volatile.

Jewellery Buyers Should Check the Final Cost

The market rate of gold is only one part of the total amount a jewellery buyer may have to pay.

Jewellers can add making charges depending on the complexity and design of the jewellery. Applicable taxes and other charges can further increase the final bill.

For this reason, buyers should ask for a complete price breakdown before making payment. It is also advisable to check the gold's purity and hallmark details and obtain a proper invoice.

Check the Latest Rate Before Buying Gold

Gold remains a popular choice in India for jewellery, festive purchases, weddings and investment. However, prices can change frequently in response to domestic and international market developments.

Based on the figures cited in the source, 24-carat gold is priced at Rs 1,57,481 per 10 grams, 22-carat gold at Rs 1,45,082 and 18-carat gold at Rs 1,18,704.

The data is stated to have been updated on September 21, 2026. Anyone planning to purchase gold should check the latest bullion or jeweller rate on the day of purchase, as prices, dealer premiums, taxes and making charges can change the final amount payable.