Gold prices fall nearly 2% in India; check 24K, 22K, 18K rates in Delhi, Mumbai, Chennai

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Gold prices in India fell nearly 2 percent on September 28, 2026, with 24-karat gold opening at Rs 1.50 lakh per 10 grams on the Multi Commodity Exchange. The decline was driven by rising oil prices, which heightened inflation worries and reinforced expectations of further US Federal Reserve interest rate hikes. Domestic rates stood at Rs 15,017 per gram for 24K gold, Rs 13,765 for 22K, and Rs 11,263 for 18K. Prices varied slightly across cities, with Delhi, Jaipur, and Lucknow quoting higher rates, while Chennai, Mumbai, and Kolkata matched the national baseline. Global gold rates also fell sharply amid the same inflationary pressures.


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Gold prices fall nearly 2% in India; check 24K, 22K, 18K rates in Delhi, Mumbai, Chennai | News Minimalist