Gold Rate Today 16 September 2026: State-Wise Prices

Gold Rate Today 16 September 2026: State-Wise Gold Prices

New Delhi, September 16, 2026: Gold prices remained firm in India on Wednesday, with domestic bullion and futures markets showing gains during early trading. MCX 24K gold futures rose 0.57% in early trade to around ₹1,53,003 per 10 grams, while bullion-market references and retail city prices varied across locations.

Delhi recorded a 24K gold rate of ₹1,53,590 per 10 grams and a 22K rate of ₹1,40,800. Mumbai and Kolkata were quoted at around ₹1,53,440 for 24K and ₹1,40,650 for 22K gold per 10 grams.

Gold Rate Today: State-Wise Reference Prices

The following table uses a major city as a reference market for each state or Union Territory. Where a separate city quote was not available in the source, the national bullion reference is shown and clearly marked. These should not be interpreted as a single official rate applicable across an entire state.

The underlying city-wise source lists rates for Delhi, Mumbai, Kolkata, Chennai, Patna, Lucknow, Jaipur, Ahmedabad, Bengaluru, Hyderabad, Bhubaneswar, Kerala and numerous other markets.

* National Reference: Used only where a separate state/UT city quote was not available in the cited table. It is not a claim that every jeweller in that state is charging exactly this price. The cited bullion reference is ₹1,51,350 for 24K, ₹1,38,738 for 22K and ₹1,13,513 for 18K per 10 grams.

Why Are Gold Prices Moving Today?

Global gold prices were influenced by expectations around the U.S. Federal Reserve's monetary-policy decision. Reuters reported that spot gold gained around 0.8% to $4,328.39 per ounce on September 16 as traders awaited the Fed decision.

Domestic prices can differ between MCX, bullion-market benchmarks and jeweller rates. Local demand, currency movements, taxes, transportation costs and individual jeweller pricing can all affect the final price paid by consumers.

24K vs 22K vs 18K Gold

• 24K Gold: Around 99.9% purity and commonly used for investment bars and coins.
• 22K Gold: Around 91.6% purity and widely used for jewellery.
• 18K Gold: Around 75% purity and commonly used for jewellery with greater alloy content.

The final jewellery bill can be higher than the quoted gold rate because of GST, making charges, wastage and other applicable charges.

Conclusion

Gold prices remained elevated on September 16, 2026, with differences across Indian markets. Delhi was quoted around ₹1.536 lakh per 10 grams for 24K gold and ₹1.408 lakh for 22K gold, while several major markets such as Mumbai and Kolkata were slightly lower.