Gold Rate Today (September 7, 2026): Check 24K, 22K, 20K, 18K Gold Prices in Delhi, Mumbai, Kolkata & More

New Delhi: Gold prices declined on Monday, September 7, 2026, with rates falling across major jewellery brands as well as the benchmark rates published by the India Bullion and Jewellers Association (IBJA).

The latest movement came after stronger-than-expected US jobs data revived expectations of a possible Federal Reserve rate hike, putting pressure on safe-haven bullion demand. MCX gold was trading below Rs 1.52 lakh per 10 grams, while international spot gold also moved lower.

For jewellery buyers, the actual price can vary depending on the brand, city, purity, GST, making charges and other applicable costs. Therefore, the quoted gold rate should not be confused with the final amount payable for jewellery.

Gold Rate Today in Delhi

On September 7, Tanishq's 22K gold jewellery price in Delhi stood at Rs 14,175 per gram.

Meanwhile, Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas quoted Rs 14,130 per gram for 22K gold jewellery at their Delhi showrooms.

Jewellery Brand22K Gold Rate per GramTanishqRs 14,175Malabar Gold & DiamondsRs 14,130Kalyan JewellersRs 14,130JoyalukkasRs 14,130

Gold Rate Today in Mumbai

In Mumbai, Tanishq's 22K gold jewellery rate was Rs 14,175 per gram on September 7.

Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas were quoting Rs 14,130 per gram for 22K gold jewellery.

Gold Rate Today in Chennai

Tanishq's 22K gold jewellery rate in Chennai stood at Rs 14,175 per gram, while Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas quoted Rs 14,130 per gram.

Gold Rate Today in Kolkata

In Kolkata, 22K gold jewellery was priced at Rs 14,175 per gram at Tanishq.

The corresponding rate at Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas was Rs 14,130 per gram.

Gold Rate Today in Trivandrum

Tanishq quoted Rs 14,175 per gram for 22K gold jewellery in Trivandrum.

Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas quoted Rs 14,130 per gram.

Gold Rate Today in Bengaluru

In Bengaluru, Tanishq's 22K gold jewellery rate was Rs 14,175 per gram, while Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas quoted Rs 14,130 per gram.

IBJA Gold Rate Today: September 7, 2026

The IBJA's indicative retail selling rates for September 7, 2026 (AM) showed the following prices:

Gold PurityRate per Gram24K / Fine Gold (999)Rs 15,24822K Gold (22 KT)Rs 14,88220K Gold (20 KT)Rs 13,57018K Gold (18 KT)Rs 12,35114K Gold (14 KT)Rs 9,835Silver (999)Rs 2,31,489 per kg

These IBJA rates are exclusive of 3% GST and making charges.

Gold Price Fall Compared With September 4

IBJA's September 7 morning rates were lower than its September 4 evening rates across all listed gold purities.

The 999-purity gold rate fell by Rs 240 per gram, from Rs 15,488 to Rs 15,248. The 22K rate declined by Rs 235 per gram, while 20K and 18K gold fell by Rs 215 and Rs 195 per gram, respectively.

PuritySept 4 PMSept 7 AMChange24K / 999Rs 15,488Rs 15,248Rs 240 lower22KRs 15,117Rs 14,882Rs 235 lower20KRs 13,785Rs 13,570Rs 215 lower18KRs 12,546Rs 12,351Rs 195 lower14KRs 9,990Rs 9,835Rs 155 lowerSilver 999Rs 2,35,456/kgRs 2,31,489/kgRs 3,967 lower

Why Did Gold Prices Fall Today?

The decline in gold prices was linked to stronger-than-expected US jobs data, which increased market expectations of a possible Federal Reserve rate hike this month.

Higher US interest rates can make yield-bearing assets such as Treasury securities more attractive relative to gold, which does not generate interest. This can put pressure on bullion prices.

Analysts cited by Economic Times expect gold to remain sensitive to upcoming US inflation data and the Federal Reserve's September 16 policy decision.

Gold Price Outlook

Commodity analysts expect gold prices to remain volatile in the near term.

Ashish Rajodiya of PL Capital said gold and silver had come under pressure following the stronger US jobs report, while Rajeev Sharan of Brickwork Ratings said the Federal Reserve's policy decision would remain an important driver for the domestic gold market.

IBJA President Prithviraj Kothari also highlighted the importance of upcoming inflation data and geopolitical developments for gold's next move.

Gold Jewellery Price vs IBJA Rate

Consumers should remember that the IBJA rate is not the final price of jewellery.

Jewellery retailers add components such as:

• 3% GST

• Making charges

• Design charges, where applicable

• Brand-specific costs

• Other applicable taxes or charges

As a result, the amount paid by a customer at a jewellery showroom can be significantly higher than the quoted bullion rate.

What Should Gold Buyers Check?

Before purchasing gold jewellery, consumers should compare both the gold rate and additional charges.

Buyers should verify:

1. Gold purity and hallmarking.

2. Price per gram quoted by the jeweller.

3. Making charges.

4. GST and other applicable charges.

5. Buyback or exchange terms.

6. Final invoice value.

Comparing rates across major jewellery chains can help buyers identify the most competitive overall price.

Gold Rate Today: Key Takeaways

The major gold rates on September 7, 2026, were:

• 24K/999 gold: Rs 15,248 per gram as per IBJA.

• 22K gold: Rs 14,882 per gram as per IBJA.

• 20K gold: Rs 13,570 per gram.

• 18K gold: Rs 12,351 per gram.

• Delhi 22K jewellery: Rs 14,175/g at Tanishq and Rs 14,130/g at Malabar, Kalyan and Joyalukkas.

• Similar 22K jewellery rates were reported across Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru.