Table of Contents
Top Headlines
- Gold price today: India’s retail gold market is seeing renewed movement on Friday, September 18, after international bullion prices rebounded from a recent six-week low.
- 24K gold rate: Groww’s September 18 update lists 24K gold at around ₹15,283 per gram or ₹1,52,830 per 10 grams.
- 22K gold rate: The same source lists 22K gold at approximately ₹14,009 per gram or ₹1,40,090 per 10 grams.
- MCX gold: The December 2026 MCX gold contract was around ₹1,54,301 per 10 grams at 8:12 AM IST on September 18, according to Economic Times market data.
- Gold rebounds: International gold prices recovered more than 2% from the recent low, with a weaker US dollar and changing expectations around Federal Reserve policy supporting the move.
- September trend: Delhi’s 24K gold rate was reported at ₹1,52,980 per 10 grams on September 18, compared with ₹1,56,790 at the beginning of the month.
- Festive demand: The World Gold Council says wedding-related buying has remained resilient while investment demand has stayed steady despite elevated prices.
- Silver also in focus: Silver prices have also moved sharply, adding to volatility across India’s precious-metals market.
Gold News Today in India
Gold remains one of the most closely watched commodities in India on September 18, 2026, with retail prices, MCX futures and international bullion markets showing significant movement. The latest data indicates that gold has recovered after coming under pressure earlier this week.
According to Groww’s latest India gold-rate update, 24-carat gold is around ₹15,283 per gram, equivalent to approximately ₹1,52,830 per 10 grams. The reported 22K rate is ₹14,009 per gram, while 18K gold is around ₹11,462 per gram.
Actual jewellery prices can vary by city, jeweller, making charges, GST and other applicable costs.
24K and 22K Gold Rate Today
The latest retail figures show that the price of pure 24K gold remains above ₹1.5 lakh per 10 grams in many Indian markets. The 22K rate, which is widely used for jewellery, is around ₹1.40 lakh per 10 grams in the latest national rate update.
City-level prices can differ. For example, NDTV’s Bengaluru update lists 24K gold at ₹15,271 per gram and 22K gold at ₹13,999 per gram on September 18.
Buyers should therefore check the local jeweller’s final invoice before purchasing because headline bullion rates do not necessarily represent the final retail jewellery price.
MCX Gold Price Today
The domestic futures market is also showing active trading. Economic Times’ MCX data showed the December 2026 gold contract at around ₹1,54,301 per 10 grams at 8:12 AM IST on September 18, with the contract up about 0.19% at that point.
MCX prices can change throughout the trading session. Futures prices also differ from retail jewellery rates because they reflect exchange-traded contracts, contract specifications and market expectations.
Gold Rebounds After Recent Weakness
Gold prices have recently experienced a period of volatility. The World Gold Council reported that international and domestic gold prices surged strongly during August before pulling back in September.
According to its September 17 India market update, domestic gold prices had declined about 4.6% during September through September 11, while international prices declined about 3.9% over the same period. The organisation attributed the pullback partly to changing expectations about Federal Reserve policy and softer global gold ETF flows.
However, Friday’s market action showed renewed buying interest. Goodreturns reported that 24K gold in India rose by ₹158 per gram to approximately ₹15,442, while 22K gold increased by ₹145 to around ₹14,155 in its latest update. Different platforms can show different rates because of timing, benchmark methodology and market source.
What Is Driving Gold Prices?
Several factors are currently influencing gold prices.
The US dollar, US Treasury yields and expectations surrounding Federal Reserve policy remain important international drivers. Investors also continue to monitor geopolitical developments, oil prices and broader economic uncertainty.
In India, the rupee-dollar exchange rate is another major factor because internationally traded gold is priced in US dollars. Domestic demand, import costs and local market conditions can also influence retail prices.
Gold Demand in India
Despite high prices, India’s gold market continues to see demand from wedding purchases and investors. The World Gold Council said wedding-related buying remained resilient during August, while physical investment demand stayed steady. Gold ETF demand also remained positive, although the pace of new investor additions slowed.
The organisation expects demand to improve as the festive and wedding season progresses, although elevated prices and volatility could limit some discretionary jewellery purchases.
Gold Price Outlook
The immediate direction of gold is likely to remain sensitive to global interest-rate expectations, the US dollar, Treasury yields and geopolitical developments.
For Indian consumers, daily prices may continue to fluctuate even when the longer-term trend remains uncertain. Buyers should compare the 24K, 22K and 18K rates, making charges, GST and the jeweller’s buyback terms before making a purchase.
Investors should also distinguish between physical gold, gold ETFs and exchange-traded futures because each carries different costs and risks.
