Gold Price Today: Rates Continue to Fall on September 3; Check 22K and 24K Gold Prices in Your City

Gold prices remained under pressure on September 3, 2026, extending the recent decline across several major Indian cities. For consumers planning to buy jewellery or investors tracking precious metals, the latest correction has brought gold prices lower after several sessions of weakness.

According to the rates cited in the supplied report, 24-carat gold in Delhi is priced at ₹1,52,160 per 10 grams, while 22-carat gold stands at ₹1,39,490 per 10 grams.

Mumbai and Kolkata have slightly lower rates, with 24-carat gold quoted at ₹1,52,010 per 10 grams and 22-carat gold at ₹1,39,340.

The report says gold in Delhi's bullion market had already fallen for six consecutive trading sessions and reached its lowest level in more than three weeks.

Global market developments are also influencing sentiment. The report cites international spot gold at $4,303.12 per ounce amid concerns over interest rates, inflation and geopolitical developments.

Gold Price Today in Major Indian Cities

Gold rates differ slightly across cities because of local market conditions and other pricing components.

Here are the 22-carat and 24-carat gold prices listed in the supplied report for September 3:

These are the indicative gold rates cited in the September 3 report.

Actual jewellery prices can be higher after adding making charges, applicable taxes and other seller-specific costs.

Gold Price in Delhi Today

Delhi continues to have slightly higher gold prices than several other major cities included in the report.

The price of 24-carat gold is ₹1,52,160 per 10 grams, while 22-carat gold costs ₹1,39,490 per 10 grams.

The latest price comes after continued weakness in the Delhi bullion market. According to the report, spot gold had fallen for six consecutive trading sessions and moved to its lowest level in more than three weeks.

The recent correction could attract the attention of consumers who have been waiting for prices to soften before purchasing jewellery. However, short-term movements in precious metals can remain unpredictable.

Gold Price in Mumbai and Kolkata

Gold prices in Mumbai and Kolkata are identical in the supplied city-wise data.

In both cities, 24-carat gold is priced at ₹1,52,010 per 10 grams, while the 22-carat rate stands at ₹1,39,340 per 10 grams.

The quoted price is slightly lower than Delhi's rate.

For jewellery buyers, 22-carat gold is generally more relevant because it is widely used for ornaments, while 24-carat gold represents a higher purity level and is commonly associated with investment-oriented products such as coins and bars.

Gold Price in Chennai and Hyderabad

The listed 24-carat gold price in Chennai is ₹1,52,010 per 10 grams, while 22-carat gold stands at ₹1,39,340.

Hyderabad carries the same rates, according to the city-wise table.

Consumers should remember that these figures represent the quoted gold value. The final amount paid for jewellery can vary substantially depending on design, making charges, taxes and the jeweller's pricing policy.

Gold Price in Jaipur

Jaipur's gold prices are at the same level as Delhi in the supplied report.

The price of 24-carat gold in Jaipur is ₹1,52,160 per 10 grams, while 22-carat gold is ₹1,39,490 per 10 grams.

For consumers planning wedding or festive jewellery purchases, comparing making charges between jewellers can be just as important as tracking daily movements in the underlying gold price.

Gold Rates in Ahmedabad and Bhopal

Gold prices in Ahmedabad and Bhopal are slightly below the rates listed for Delhi and Jaipur.

Both cities have 24-carat gold at ₹1,52,060 per 10 grams and 22-carat gold at ₹1,39,390 per 10 grams.

Meanwhile, Lucknow and Chandigarh match Delhi's rates at ₹1,52,160 for 24-carat gold and ₹1,39,490 for 22-carat gold.

Why Are Gold Prices Under Pressure?

The supplied report points to a combination of international factors affecting precious-metal prices.

One factor cited is uncertainty surrounding the direction of interest rates in the United States. Expectations around US Federal Reserve policy can influence gold because interest-rate movements affect bond yields, currencies and investor demand for non-interest-bearing assets such as precious metals.

The report also mentions geopolitical tensions and higher crude-oil prices as factors contributing to concerns about inflation.

International spot gold was quoted at $4,303.12 per ounce in the report.

Gold prices in India are influenced by both global and domestic factors, meaning international movements do not always translate into an identical change in local retail prices.

What Is the Difference Between 22K and 24K Gold?

Consumers buying gold should understand that the price varies according to purity.

24-carat gold represents a higher level of purity and is therefore more expensive. Because pure gold is relatively soft, it is generally less suitable for jewellery that requires greater strength and durability.

22-carat gold contains a smaller proportion of pure gold along with other metals, making it more suitable for many types of jewellery.

This is why 22-carat prices are lower than 24-carat rates.

Before buying jewellery, consumers should verify purity and hallmarking rather than making a decision based solely on the quoted price.

Silver Prices Also Remain Under Pressure

The supplied report also notes weakness in silver.

On the morning of September 3, silver was quoted at approximately ₹2,44,900 per kilogram, while international spot silver was cited at $63.64 per ounce.

Like gold, domestic silver prices can be influenced by a combination of global market movements and domestic factors.

What Should Buyers Check Before Purchasing Gold?

Daily gold rates provide an important reference point, but the headline price is not necessarily the final amount a jewellery buyer will pay.

Jewellers can add making charges based on the complexity and design of the ornament. Applicable taxes can further increase the final bill.

Buyers should therefore compare the gold rate, purity, weight, making charges and total payable amount before completing a purchase.

For investment decisions, factors such as risk tolerance, investment horizon and portfolio allocation should also be considered instead of making a decision solely because gold prices have recently fallen.

Gold Price Today: What Buyers Need to Know

Gold prices remain under pressure on September 3, 2026, with rates declining across several major Indian markets.

Delhi and Jaipur have 24-carat gold listed at ₹1,52,160 per 10 grams and 22-carat gold at ₹1,39,490. Mumbai, Kolkata, Chennai and Hyderabad have 24-carat gold at ₹1,52,010 and 22-carat gold at ₹1,39,340 per 10 grams.

The recent decline may draw the attention of jewellery buyers, but gold remains sensitive to international market developments, currency movements, interest-rate expectations and geopolitical conditions.

Consumers planning a purchase should therefore check the latest local rate and compare making charges and other costs before buying.