Gold prices started the new week on a weaker note in India, offering some relief to buyers after the precious metal recorded a decline during the previous week. On Monday morning, September 7, 2026, prices of both 22-carat and 24-carat gold were lower across several major cities, while silver also extended its decline.

In Delhi, 24-carat gold was priced at ₹1,54,940 per 10 grams, while 22-carat gold was trading around ₹1,42,040-₹1,42,050 per 10 grams, according to the figures provided in the source article.

The previous week had also seen a notable correction in bullion prices. Depending on the city, 24-carat gold became cheaper by as much as ₹3,440, while the decline in 22-carat gold reached up to ₹3,150.

Meanwhile, international bullion prices remained an important factor for the domestic market, with spot gold quoted at $4,465.34 per ounce in the source.

Gold Prices Fall at the Start of the Week

The latest decline comes after gold prices weakened across different cities during the previous week.

For buyers planning to purchase jewellery or investment-grade gold, the correction means prices are lower than their recent levels. However, gold rates continue to vary from city to city due to local market conditions and other pricing components.

On September 7, Chennai recorded one of the highest rates among the major cities mentioned in the source, with 24-carat gold priced at ₹1,56,660 per 10 grams and 22-carat gold at ₹1,43,600.

Mumbai and Kolkata, on the other hand, recorded 24-carat gold at ₹1,54,790 per 10 grams and 22-carat gold at ₹1,41,890.

Gold Price Today in Delhi

Gold buyers in the national capital saw 24-carat gold priced at ₹1,54,940 per 10 grams on September 7.

The source article mentions a 22-carat rate of ₹1,42,050 in its city description, while its accompanying city-wise table lists the rate at ₹1,42,040 per 10 grams.

This small discrepancy comes from the supplied source itself.

Gold Price in Mumbai and Kolkata

Mumbai and Kolkata recorded identical gold prices in the supplied data.

In both cities, 22-carat gold stood at ₹1,41,890 per 10 grams, while 24-carat gold was priced at ₹1,54,790 per 10 grams.

These rates were slightly below Delhi's quoted prices for the day.

Gold Price in Chennai

Chennai continued to show comparatively higher gold prices.

The rate of 24-carat gold stood at ₹1,56,660 per 10 grams, while 22-carat gold was priced at ₹1,43,600 per 10 grams.

Among the major cities included in the source table, Chennai had the highest listed price for both 22-carat and 24-carat gold.

Gold Price Today in Jaipur, Hyderabad and Other Cities

Here are the September 7 gold prices across major Indian cities, as provided in the source:

The city-wise data shows that Jaipur, Lucknow and Chandigarh had the same quoted rates as Delhi. Hyderabad matched Mumbai and Kolkata, while Ahmedabad and Bhopal also recorded identical prices.

Silver Price Drops to ₹2,49,900 Per Kg

Silver also moved lower alongside gold.

On the morning of September 7, the silver price declined to ₹2,49,900 per kilogram, according to the source article.

Silver had already fallen by approximately ₹5,000 during the previous week, indicating that weakness was not limited to Monday's trading.

In the international market, spot silver was quoted at $66.72 per ounce in the supplied report.

What Influences Gold and Silver Prices in India?

Precious-metal prices in India are influenced by a combination of international and domestic factors.

Movements in global bullion markets can quickly affect sentiment in India. The rupee-dollar exchange rate is also important because international gold is typically priced in US dollars.

Domestic demand can further influence the retail market, particularly around weddings and festivals when purchases of jewellery and precious metals generally receive greater attention.

Other factors, including global economic conditions, interest-rate expectations and investor demand for safe-haven assets, can also influence the direction of bullion prices.

Because these variables can change frequently, gold and silver prices may move in either direction even within relatively short periods.

Should Buyers Track Gold Rates Before Purchasing?

For consumers planning a large jewellery purchase, even a relatively small change in the price per 10 grams can significantly affect the final bill.

Buyers should also remember that quoted gold rates generally represent the underlying metal price. The final jewellery price may differ after making charges, applicable taxes and other costs are added.

Purity is equally important. While 24-carat gold represents a higher purity category, 22-carat gold is commonly used for jewellery because of its suitability for ornaments.

Consumers should therefore check the latest local rate and applicable additional charges before completing a purchase.

Gold and Silver Outlook Remains Sensitive to Global Trends

The decline on September 7 comes after gold had already become cheaper by up to ₹3,440 per 10 grams across different cities during the previous week. The maximum reported decline for 22-carat gold was ₹3,150.

Silver also lost ground, falling by ₹5,000 over the previous week before reaching ₹2,49,900 per kilogram on Monday morning.

For buyers and investors, the latest movement highlights the importance of monitoring both domestic and international bullion trends. Prices can vary between cities and may change depending on global market conditions and local factors.

As of the rates covered in the source for September 7, 2026, 24-carat gold stood at ₹1,54,940 per 10 grams in Delhi and Jaipur, ₹1,54,790 in Mumbai and Kolkata, and ₹1,56,660 in Chennai, while silver was quoted at ₹2,49,900 per kilogram.

Disclaimer: Gold and silver prices can change during the day and may vary by city, jeweller and market. Buyers should verify the latest local rate before making a purchase or investment decision.