Gold, silver prices today (September 2): Check latest rates in Delhi, Mumbai, Kolkata, other cities

Gold, silver prices today (September 2): Check latest rates in Delhi, Mumbai, Kolkata, other cities

On the Multi Commodity Exchange (MCX), gold futures were down by 1.12% at ₹1,50,027 per 10 gm, whereas silver futures fell by 1.24% at around ₹2,26,694 per kg at the time of writing this story.

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Market participants will continue to track global economic data, US interest rate expectations and currency movements for further direction in precious metal prices.Market participants will continue to track global economic data, US interest rate expectations and currency movements for further direction in precious metal prices.
Business Today Desk
  • Sep 2, 2026,
  • Updated Sep 2, 2026 9:28 AM IST

Gold and silver prices remained largely stable on September 2 as weakness in international bullion markets weighed on domestic rates. Gold prices stood at ₹1,54,800 per 10 gm, whereas silver rates hit ₹2,49,900 per kg.

On the Multi Commodity Exchange (MCX), gold futures were down by 1.12% at ₹1,50,027 per 10 gm, whereas silver futures fell by 1.24% at around ₹2,26,694 per kg at the time of writing this story.

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MUST READ | India’s hidden stimulus: How a ₹33-lakh-crore gold stockpile could boost consumption

In the retail market, gold continues to be traded mainly in two purities, 24-karat and 22-karat. While 24-karat gold is regarded as the purest form of the precious metal, 22-karat gold is widely preferred for jewellery as it offers greater strength and durability due to the presence of alloyed metals.

Market participants will continue to track global economic data, US interest rate expectations and currency movements for further direction in precious metal prices.

Check the latest gold rates here

City24K Gold (₹ per 10gm)22K Gold (₹ per 10gm)
Delhi₹1,54,230₹1,41,390
Mumbai₹1,54,080₹1,41,240
Bengaluru₹1,54,080₹1,41,240
Kolkata₹1,54,080₹1,41,240
Hyderabad₹1,54,080₹1,41,240
Chennai₹1,54,630₹1,41,740

Check the latest silver rates here

CitySilver (₹ per 100gm)Silver (₹ per kg)
Delhi₹24,990
₹2,49,900
Mumbai₹24,990₹2,49,900
Bengaluru₹24,990
₹2,49,900
Kolkata₹24,990
₹2,49,900
Hyderabad₹24,990₹2,49,900
Chennai₹24,990₹2,49,900

MUST READ | Only 15% of India’s gold is monetised: Why gold loans could become a new consumption engine

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Gold rates at top jewellers

Gold prices at leading jewellery retailers remained largely stable on August 31, 2026, with Joyalukkas and Malabar Gold & Diamonds quoting ₹14,385 per gm and ₹14,370 across major Indian states, respectively. Tanishq's 22K gold rate stood at ₹14,295 per gm. Malabar's 24-carat gold rate is ₹15,676 per gm and Tanishq's 24-carat gold rate stood at ₹15,595 per gm.

The marginal differences in retail prices are influenced by brand-specific pricing policies, procurement costs, and regional market conditions, while overall bullion trends continue to guide gold prices.

JewellerPurityRate (₹/gram)
Joyalukkas22K14,385
Malabar Gold & Diamonds22K14,370
Malabar Gold & Diamonds24K15,595
Tanishq22K14,295
Tanishq24K*15,690

*24K Tanishq rate estimated based on the prevailing purity premium over 22K gold.

Joyalukkas 22K Gold Rate by State

StateRate (₹/gram)
Andhra Pradesh14,215
Delhi14,215
Gujarat14,215
Karnataka14,215
Kerala14,215
Maharashtra14,215
Odisha14,215
Punjab14,215
Tamil Nadu14,215

Gold and silver prices remained largely stable on September 2 as weakness in international bullion markets weighed on domestic rates. Gold prices stood at ₹1,54,800 per 10 gm, whereas silver rates hit ₹2,49,900 per kg.

On the Multi Commodity Exchange (MCX), gold futures were down by 1.12% at ₹1,50,027 per 10 gm, whereas silver futures fell by 1.24% at around ₹2,26,694 per kg at the time of writing this story.

Advertisement

MUST READ | India’s hidden stimulus: How a ₹33-lakh-crore gold stockpile could boost consumption

In the retail market, gold continues to be traded mainly in two purities, 24-karat and 22-karat. While 24-karat gold is regarded as the purest form of the precious metal, 22-karat gold is widely preferred for jewellery as it offers greater strength and durability due to the presence of alloyed metals.

Market participants will continue to track global economic data, US interest rate expectations and currency movements for further direction in precious metal prices.

Check the latest gold rates here

City24K Gold (₹ per 10gm)22K Gold (₹ per 10gm)
Delhi₹1,54,230₹1,41,390
Mumbai₹1,54,080₹1,41,240
Bengaluru₹1,54,080₹1,41,240
Kolkata₹1,54,080₹1,41,240
Hyderabad₹1,54,080₹1,41,240
Chennai₹1,54,630₹1,41,740

Check the latest silver rates here

CitySilver (₹ per 100gm)Silver (₹ per kg)
Delhi₹24,990
₹2,49,900
Mumbai₹24,990₹2,49,900
Bengaluru₹24,990
₹2,49,900
Kolkata₹24,990
₹2,49,900
Hyderabad₹24,990₹2,49,900
Chennai₹24,990₹2,49,900

MUST READ | Only 15% of India’s gold is monetised: Why gold loans could become a new consumption engine

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Gold rates at top jewellers

Gold prices at leading jewellery retailers remained largely stable on August 31, 2026, with Joyalukkas and Malabar Gold & Diamonds quoting ₹14,385 per gm and ₹14,370 across major Indian states, respectively. Tanishq's 22K gold rate stood at ₹14,295 per gm. Malabar's 24-carat gold rate is ₹15,676 per gm and Tanishq's 24-carat gold rate stood at ₹15,595 per gm.

The marginal differences in retail prices are influenced by brand-specific pricing policies, procurement costs, and regional market conditions, while overall bullion trends continue to guide gold prices.

JewellerPurityRate (₹/gram)
Joyalukkas22K14,385
Malabar Gold & Diamonds22K14,370
Malabar Gold & Diamonds24K15,595
Tanishq22K14,295
Tanishq24K*15,690

*24K Tanishq rate estimated based on the prevailing purity premium over 22K gold.

Joyalukkas 22K Gold Rate by State

StateRate (₹/gram)
Andhra Pradesh14,215
Delhi14,215
Gujarat14,215
Karnataka14,215
Kerala14,215
Maharashtra14,215
Odisha14,215
Punjab14,215
Tamil Nadu14,215

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