Gold and Silver Rate Today (September 15, 2026): Check 24K, 22K, 20K and 18K Gold Jewellery Prices from Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas, Tanishq & IBJA

Gold and Silver Rate Today: September 15, 2026

Gold and silver prices remained in focus on Tuesday, September 15, 2026, as domestic precious-metal rates moved lower across several benchmarks and jewellery retailers.

According to the latest data, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers reduced their 22K gold jewellery prices, while Tanishq increased its 22K rate. The India Bullion and Jewellers Association (IBJA) also reported declines in gold and silver rates.

Retail jewellery prices can vary between brands, cities and showrooms. Making charges, taxes and other applicable charges can also increase the final amount paid by customers.

22K Gold Rate Today at Major Jewellery Brands

As of September 15, 2026, Tanishq was quoting 22K gold jewellery at Rs 14,085 per gram across its showrooms in Delhi, Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru.

Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas were quoting Rs 14,040 per gram for 22K gold across these major cities.

The three brands had quoted Rs 14,125 per gram on September 14, meaning their 22K rate fell by Rs 85 per gram. In contrast, Tanishq's rate increased from Rs 14,055 to Rs 14,085 per gram.

City-Wise 22K Gold Jewellery Rates

CityTanishq 22K GoldMalabar/Kalyan/Joyalukkas 22K GoldDelhiRs 14,085/gRs 14,040/gMumbaiRs 14,085/gRs 14,040/gChennaiRs 14,085/gRs 14,040/gKolkataRs 14,085/gRs 14,040/gTrivandrumRs 14,085/gRs 14,040/gBengaluruRs 14,085/gRs 14,040/g

The rates were based on jewellery-brand websites and were reported as updated around 12:31 pm on September 15. Prices can change during the day and may differ based on state taxes and other charges.

IBJA Gold Rates Today: 24K, 22K, 20K and 18K

IBJA's indicative retail selling rates for September 15, 2026, also showed a decline compared with its September 11 PM rates.

The latest morning rates were:

Gold PurityIBJA Rate24K / Fine Gold (999)Rs 15,105 per gram22KRs 14,743 per gram20KRs 13,444 per gram18KRs 12,235 per gram14KRs 9,743 per gram

These rates provide an indicative benchmark for different gold purities and should not be confused with the final price of jewellery at a particular retailer.

Silver Rate Today: September 15, 2026

IBJA's indicative rate for 999-purity silver was Rs 2,27,650 per kg on the morning of September 15.

This was lower than the September 11 PM rate of Rs 2,28,920 per kg, representing a decline of Rs 1,270 per kg, or about 0.55%.

The official IBJA bullion report also recorded September 15 AM and PM rates for 999-purity silver at Rs 2,29,900 and Rs 2,28,920 per kg respectively.

Why Are Gold Prices Falling?

Gold prices have been under pressure from developments in global financial markets. Rising crude oil prices, higher bond yields, a stronger US dollar and expectations of tighter monetary policy have affected the precious-metal market.

The IBJA's September 15 report noted that gold had fallen as oil-supply disruptions in the Middle East strengthened expectations of Federal Reserve rate hikes. Higher interest rates can weigh on gold because the metal does not generate interest income.

Reuters also reported that spot gold declined on September 15 amid a stronger dollar, higher US Treasury yields and increased expectations of a Federal Reserve rate hike.

Gold Outlook: What Should Buyers Watch?

Market participants are closely watching the Federal Reserve's policy decision and developments in crude oil prices.

Prithviraj Kothari, president of IBJA, said gold was holding support around $4,300 per ounce, while a sustained break below that level could open the way toward lower levels. He also identified resistance around $4,430-$4,500 per ounce.

For silver, he identified around $62.5 per ounce as an important support level and $67 as a near-term resistance level.

Gold Jewellery Price Is Higher Than the Gold Rate

Consumers should remember that the quoted gold rate is not necessarily the final jewellery price.

When purchasing jewellery, customers may have to pay making charges, GST and other applicable costs in addition to the underlying gold value. These charges can vary considerably between jewellery designs and retailers.

Therefore, buyers should compare the final invoice price rather than comparing only the per-gram gold rate.

Gold and Silver Rate Today: Key Takeaways

• 22K gold at Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas: Rs 14,040/g.

• Tanishq 22K gold rate: Rs 14,085/g.

• IBJA 24K/fine gold: Rs 15,105/g.

• IBJA 22K gold: Rs 14,743/g.

• IBJA 20K gold: Rs 13,444/g.

• IBJA 18K gold: Rs 12,235/g.

• IBJA 14K gold: Rs 9,743/g.

• IBJA 999 silver: Rs 2,27,650/kg.

• Gold and silver prices remain sensitive to US monetary policy, crude oil prices, currency movements and geopolitical developments.

Conclusion

Gold prices showed a mixed but broadly softer trend on September 15, 2026. Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas lowered their 22K jewellery rates, while Tanishq moved in the opposite direction. IBJA's indicative rates for gold and silver also declined compared with its previous reported benchmark.

Anyone planning to buy gold jewellery should check the latest showroom rate before purchasing because prices can change during the day. Buyers should also account for making charges, GST and other costs when calculating the final jewellery bill.