Gold Rates in Major Indian Cities on September 2, 2025

Gold prices in India continue their upward momentum on September 2, 2025. Following a significant rally in August, the precious metal has maintained a strong trend, with prices seeing a marginal increase across different carats.

Today’s Gold Prices (Per Gram)

Here is a summary of the gold rates for 24, 22, and 18-carat gold per gram in key Indian cities. These prices are indicative and do not include Goods and Services Tax (GST), Tax Collected at Source (TCS), or other local levies.

Mumbai 🏙️:

• 24 Carat Gold: ₹10,609
• 22 Carat Gold: ₹9,725
• 18 Carat Gold: ₹7,957

Delhi столица 🇮🇳:

• 24 Carat Gold: ₹10,624
• 22 Carat Gold: ₹9,740
• 18 Carat Gold: ₹7,969

Chennai 🌊:

• 24 Carat Gold: ₹10,609
• 22 Carat Gold: ₹9,725
• 18 Carat Gold: ₹8,045

Kolkata 🌉:

• 24 Carat Gold: ₹10,609
• 22 Carat Gold: ₹9,725
• 18 Carat Gold: ₹7,957

Bangalore 🌳:

• 24 Carat Gold: ₹10,609
• 22 Carat Gold: ₹9,725
• 18 Carat Gold: ₹7,957

Gold Purity and Carat Explained

Gold purity is measured in karats (K), with 24K representing the purest form of gold.

• 24 Carat Gold is 99.9% pure, with no other metals mixed in. It is generally too soft for making intricate jewelry and is typically used for gold coins, bars, and bullion for investment purposes.
• 22 Carat Gold is the most common choice for jewelry, as it contains 91.6% pure gold and a mixture of other metals like copper, silver, zinc, or nickel. This mixture makes the gold more durable and suitable for crafting beautiful ornaments.
• 18 Carat Gold contains 75% pure gold, with the remaining 25% being a mix of other metals. Its higher durability makes it ideal for diamond and gemstone-studded jewelry, where a stronger base is needed to hold the stones securely.

Factors Influencing Gold Prices

Gold prices are subject to daily fluctuations due to a number of global and local factors:

• International Market Trends: Gold is a global commodity, and its price is heavily influenced by the international market, particularly by the US dollar’s strength and global economic stability.
• Interest Rates: When interest rates fall, gold becomes a more attractive investment since it doesn’t provide interest and competes with interest-bearing assets. Conversely, rising interest rates tend to make gold less appealing.
• Government Policies: Local government policies, including import duties and taxes, can significantly impact the price of gold within a country.
• Jewelry Demand: Consumer demand for gold jewelry, especially during wedding and festive seasons, plays a crucial role in shaping market prices.
• Market Volatility: In times of political or economic uncertainty, investors often turn to gold as a safe-haven asset, which drives its price up.

Keep an eye on these factors as they can offer insight into future price movements.