Gold Prices in India on September 1, 2025: Rates Cross ₹1 Lakh for 24-Carat
As of September 1, 2025, gold prices in India are still rising and have already reached 1 lakh for 24-carat gold per 10 grams. The 22-carat one goes at about ₹96,215, whereas 18-carat gold is about ₹78,770. Rates, however, differ among the large cities and act in accordance with the demand, supply, and taxes in an area. The prices of 24-carat gold were within a tight range in Delhi, Mumbai, Chennai, Kolkata, and Bangalore. Gold is also one of the most recommended investment options by Indian households with the uncertainties around the globe, inflationary forces, and high retail demand.
Current Gold Prices Across Major Indian Cities
Gold prices show slight differences across India, though the range remains stable. Below is the approximate cost of 10 grams of gold in key cities:
| City | 22-Carat (₹ / 10g) | 24-Carat (₹ / 10g) | 18-Carat (₹ / 10g) |
| Delhi | 96,373 | 105,123 | 78,770 |
| Mumbai | 96,217 | 104,967 | 78,770 |
| Chennai | 96,221 | 104,971 | 78,770 |
| Kolkata | 96,215 | 104,965 | 78,770 |
| Bangalore | 96,215 | 104,965 | 78,770 |
The fact that the metro cities are close means the rates are very similar and domestic pricing trends are the same, but with a few variations due to local taxes, transport prices, and local demand. Also indicated by price movement is the higher buying of jewels in festivals and weddings.
Dynamics behind the Gold Price Run-Up.
The long-run rise of the gold price in India is caused by uncertainty in the global economy and the preference for a safe haven by the investors. Gold is a safe investment option because it is in demand when there is a financial crisis or geopolitical tensions. The recent fears about the world markets, inflation, and other currency changes have only strengthened the need for India to depend on gold.
Moreover, high cultural attachment to gold, especially at festivals and weddings, is also a major demand factor in India. Seasonal purchases, international gold prices, and foreign exchange rates have pushed rates to new heights. The 24-carat gold 1 lakh mark highlights the effectiveness of the metal as not only a luxury commodity but also as an investment for the long term.
According to experts, prices can hold firm in the foreseeable future due to prevailing global uncertainties. Gold is a method to stabilize the portfolio of the investor and a component of culture that consumers still need. India cannot do without gold as an ornament or as a financial hedge.
Read Also: Currency Exchange Today in India: Key Rates You Should Know
