Gold & Silver Rate Today (2 September 2026): Check 24K, 22K & City Prices
New Delhi: Gold and silver prices in the domestic market posted moderate pullbacks today following a week of profit-booking. Spot gold dropped approximately 4.5% over the past seven days, while silver lost 2.3% over the same period.
Despite recent short-term consolidation, long-term fundamentals remain elevated. Year-over-year metrics show gold remaining up roughly 43.3%, with silver holding a gain of approximately 89% compared to September 2025 levels.
National Daily Benchmark (Per 10 Grams)
-
24K Gold (99.9% Pure): ₹1,52,160
-
22K Gold (91.6% Pure): ₹1,39,000
-
18K Gold (75.0% Pure): ₹11,639 (per 10g rate basis: ~₹1,16,390)
-
Fine Silver (999 Pure): ₹2,34,780 per kg
Metro City Rates Comparison
Prices vary slightly across regional markets due to local transportation charges, state-level levies, and bullion association quotes.
|
City |
24K Gold (per 10g) |
22K Gold (per 10g) |
Fine Silver (per kg) |
|
Mumbai |
₹1,51,880 |
₹1,39,223 |
₹2,34,350 |
|
Delhi |
₹1,51,620 |
₹1,38,985 |
₹2,33,950 |
|
Bengaluru |
₹1,52,000 |
₹1,39,333 |
₹2,34,540 |
|
Chennai |
₹1,52,320 |
₹1,39,627 |
₹2,35,030 |
|
Kolkata |
₹1,51,680 |
₹1,39,040 |
₹2,34,040 |
|
Hyderabad |
₹1,52,120 |
₹1,39,443 |
₹2,34,720 |
Key Drivers Behind Today's Movement
-
Profit Booking Post-Rally: Investors took profits across global and domestic commodity exchanges following recent record highs.
-
Currency Fluctuations: Shifts in the USD/INR exchange rate continue to impact the landing cost of imported bullion.
-
Macroeconomic Indicators: Traders are adjusting positions ahead of upcoming global central bank policy cues and inflation data releases.
Buyer Note: Final retail jewellery prices will include additional charges, including local GST (typically 3%), making/crafting fees (which range from 8% to 25% depending on design complexity), and hallmark certification costs.