Gold Price Today: Gold prices have fallen again; rates for both 24-carat and 22-carat gold have dropped..

Gold prices in the country have seen a decline again. On the morning of September 18, the price of 24-carat gold in the capital, Delhi, slipped to ₹1,52,980 per 10 grams. Prices have dropped in other cities as well. A day earlier, the price of 99.9% pure gold in Delhi's bullion market had fallen by ₹600. In the international market, spot gold stands at $4,317.11 per ounce.

Gold rates in some major cities:

Gold price in Delhi: The price of 24-carat gold in Delhi is ₹1,52,980 per 10 grams. The rate for 22-carat gold is ₹1,40,240 per 10 grams.

Mumbai and Kolkata: In Mumbai and Kolkata, the price of 22-carat gold is ₹1,40,090 per 10 grams, while the price of 24-carat gold is ₹1,52,830 per 10 grams.

Gold price in Chennai: The price of 24-carat gold is ₹1,52,830 per 10 grams. The rate for 22-carat gold is ₹1,40,090 per 10 grams.

Prices in Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹1,52,830 per 10 grams, and the price of 22-carat gold is ₹1,40,090 per 10 grams.

City      Today's Price for 22-Carat Gold (₹)    Today's Price for 24-Carat Gold (₹)
Delhi                   140,240                               152,980
Mumbai               140,090                              152,830
Ahmedabad       140,140                              152,880
Chennai              140,090                            152,830
Kolkata              140,090                             152,830
Hyderabad        140,090                            152,830
Jaipur               140,240                             152,980
Bhopal             140,140                              152,880
Lucknow           140,240                         152,980
Chandigarh      140,240                           152,980

Chris Wood, Global Head of Equity Strategy at Jefferies, believes that the price of gold could rise to reach $10,000 per ounce. Compared to current levels, this would represent a surge of approximately 130%. Speaking to CNBC-TV18 on the sidelines of the Jefferies India Forum 2026, Wood stated that the $10,000 per ounce mark is achievable. Efforts to control US bond yields could weaken the dollar, potentially benefiting gold.

Silver's Status

Like gold, silver—another precious metal—also saw a decline on Friday. On the morning of September 18, the price of silver slipped to ₹244,900 per kilogram. In the international market, the price of spot silver has fallen to $64.06 per ounce. Domestic prices for gold and silver are influenced by both global and local factors.

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