New Delhi: Gold prices remained elevated on Saturday, September 19, 2026, after the precious metal recorded a strong rise in the previous trading session. Retail gold rates varied across Indian cities and sources, with 24-carat gold in Delhi quoted around Rs 1.54 lakh per 10 grams by several retail-rate trackers. India Today listed Delhi’s 24K rate at Rs 1,54,580 per 10 grams, while other market trackers reported slightly different figures.
The domestic physical market is closed over the weekend, but gold prices continue to be tracked through international markets and commodity references. On Friday, September 18, spot gold rose to around $4,390 an ounce, while easing crude oil prices helped reduce some inflation concerns and supported bullion demand.
Retail gold prices can differ between cities and jewellers because of local taxes, GST, purity, making charges and other costs. Buyers should therefore treat published rates as reference prices and confirm the final rate with their jeweller before making a purchase.
24K, 22K and 18K gold rates in major cities
The following indicative city-wise rates are based on the supplied market data. Prices are for 10 grams and can vary from one source or jeweller to another.
| City | 24K gold | 22K gold | 18K gold |
|---|---|---|---|
| Delhi | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Mumbai | Rs 1,54,420 | Rs 1,41,550 | Rs 1,15,820 |
| Kolkata | Rs 1,54,420 | Rs 1,41,550 | Rs 1,15,820 |
| Chennai | Rs 1,52,830 | Rs 1,40,090 | Rs 1,17,790 |
| Patna | Rs 1,54,470 | Rs 1,41,600 | Rs 1,15,870 |
| Lucknow | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Meerut | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Ayodhya | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Kanpur | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Aligarh | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Moradabad | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Mirzapur | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Jhansi | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Mathura | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Agra | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Gorakhpur | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Bareilly | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Prayagraj | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Ghaziabad | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Noida | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Gurugram | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Chandigarh | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Jaipur | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Ludhiana | Rs 1,54,570 | Rs 1,41,700 | Rs 1,15,970 |
| Guwahati | Rs 1,54,420 | Rs 1,41,550 | Rs 1,15,820 |
| Jalgaon | Rs 1,54,420 | Rs 1,41,550 | Rs 1,15,820 |
| Indore | Rs 1,54,470 | Rs 1,41,600 | Rs 1,15,870 |
| Ahmedabad | Rs 1,54,470 | Rs 1,41,600 | Rs 1,15,870 |
| Vadodara | Rs 1,54,470 | Rs 1,41,600 | Rs 1,15,870 |
Retail trackers also show differences in quoted prices. For example, India Today listed Delhi’s 24K gold at Rs 1,54,580 per 10 grams and 22K at Rs 1,41,710 on September 19, while the Times of India tracker showed Rs 1,54,580 for 24K and Rs 1,41,710 for 22K.
What was the gold price in Delhi on Friday?
Gold recorded a strong rise in Delhi during Friday’s trading session. According to the supplied market data, 99.9% purity gold increased by Rs 1,600 to Rs 1,56,600 per 10 grams, including taxes.
Other retail benchmarks reported a different base price. India Today, for instance, recorded Delhi’s 24K rate at Rs 1,52,980 per 10 grams on September 18 before the September 19 update.
The difference illustrates why gold-rate reports can show different numbers depending on whether they refer to bullion prices, retail quotes, taxes or jewellery-market rates.
Internationally, spot gold rose sharply on Friday. Reuters reported that spot gold increased 1.2% to around $4,390.11 per ounce, while US gold futures settled at $4,424.90 per ounce.
Gold gains as crude oil prices ease
One factor supporting gold was a decline in crude oil prices. Lower oil prices reduced some concerns about inflation, helping bullion regain momentum after recent weakness.
Reuters reported that gold reached a one-week high on Friday and was on course for its first weekly gain in four weeks. The move came as investors unwound some short positions that had been built around expectations of a gold decline following the US Federal Reserve’s interest-rate decision.
At the same time, the dollar remained relatively strong, which can limit gains in gold because the metal becomes more expensive for buyers holding other currencies.
Geopolitical uncertainty also remained an important factor for bullion markets. Gold is often viewed as a store of value during periods of market or geopolitical stress, although its price can also move sharply in response to interest rates, currency movements and investor positioning.
What are experts saying about gold prices?
Gaurav Garg, head of research at brokerage platform Lemon, said gold had rebounded sharply following its recent decline. He pointed to movements in the US dollar and government bond yields as factors influencing investor positioning.
Praveen Singh, head of commodities at Mirae Asset Sharekhan, also pointed to easing oil prices as a factor supporting gold. According to a PTI report cited in the supplied material, Singh said the decline in oil prices helped offset some of the pressure created by the US Federal Reserve’s tighter monetary policy stance.
However, elevated US dollar levels and bond yields continued to act as constraints on bullion gains, according to Singh.
Gold prices remain sensitive to global factors
Gold’s next moves are likely to remain closely linked to international developments, including US interest-rate expectations, Treasury yields, the dollar, crude oil prices and geopolitical risks.
The US Federal Reserve’s recent rate decision has also remained an important market factor. Reuters reported that traders were assessing the possibility of another US rate increase in October, while the dollar remained firm.
For Indian buyers, movements in international gold prices are only one component of the final domestic rate. Currency movements between the US dollar and Indian rupee, import-related costs, taxes and local demand can also affect prices.
Check the final rate before buying
The rates published for September 19 should be treated as indicative rather than as guaranteed purchase prices. Retail gold rates can vary between jewellers and locations, while jewellery purchases also include making charges and applicable taxes.
The purity of gold is another important consideration. 24K gold has a higher purity and is generally used as a bullion benchmark, while 22K gold is commonly used for jewellery. The 18K category contains a higher proportion of other metals and is also widely used in jewellery.
With gold prices remaining close to elevated levels, buyers should compare the per-gram rate, purity, making charges and applicable taxes before completing a purchase.