On September 30, 2026, gold and silver prices in India faced volatility driven by global factors like a stronger US dollar and elevated bond yields. Across six major Indian cities, indicative rates for 24-carat gold hovered around Rs 1,48,800 per 10 grams, while silver reached Rs 2,40,000 per kilogram.
Gold and silver prices remain in focus on Wednesday, September 30, 2026, as buyers and investors track the latest movement in precious metals. Domestic bullion prices have been under pressure amid changes in global market conditions, with a stronger US dollar, elevated bond yields and expectations around US monetary policy influencing investor sentiment.
The precious-metals market has seen notable volatility in recent sessions. Gold prices have moved lower from their recent elevated levels, while silver has also witnessed significant fluctuations. Global developments, currency movements, interest-rate expectations and demand from investors and industries continue to influence the prices of both metals.
For consumers planning to purchase jewellery, coins or bullion, city-wise rates are particularly important because retail prices can differ between markets. The figures below provide the latest indicative rates for 22-carat and 24-carat gold, along with 999-purity silver across six major Indian cities.
City-Wise Gold and Silver Rates - September 30
| City | 22K (10g) | 24K (10g) | Silver (1kg) |
| Delhi | Rs 1,36,550 | Rs 1,48,950 | Rs 2,40,000 |
| Mumbai | Rs 1,36,400 | Rs 1,48,800 | Rs 2,40,000 |
| Kolkata | Rs 1,36,400 | Rs 1,48,800 | Rs 2,40,000 |
| Chennai | Rs 1,36,400 | Rs 1,48,800 | Rs 2,40,000 |
| Bengaluru | Rs 1,36,400 | Rs 1,48,800 | Rs 2,40,000 |
| Hyderabad | Rs 1,36,400 | Rs 1,48,800 | Rs 2,40,000 |
The latest market data indicates that gold has faced renewed selling pressure, with global factors weighing on the precious metal. Reports point to higher US yields and a stronger dollar among the factors affecting bullion sentiment.
Silver has also remained volatile. The latest available data puts silver at around the Rs 2.40 lakh-per-kg level, following considerable movement during September.
It is important to note that these are indicative market rates and should not be treated as the final jewellery purchase price. The amount charged by a jeweller can be higher after adding making charges, GST, wastage and other applicable costs. Buyers should therefore confirm the prevailing rate and final invoice with their jeweller before making a purchase.
With gold and silver prices continuing to respond to global economic developments, currency movements and changing expectations around interest rates, consumers are keeping a close watch on daily bullion rates across major Indian cities.
