Gold Prices Drop for Second Day: Check Latest Gold and Silver Rates on September 26

Gold Rate Today: On the fifth day of Navratri, gold prices in India have once again slipped, marking the second consecutive day of decline. Compared to Thursday, the price of gold has fallen by nearly ₹800 per 10 grams. In northern cities like Delhi, Lucknow, Jaipur, Noida, and Ghaziabad, the rate of 24-carat gold is trading close to ₹1,14,500 per 10 grams, while silver remains around ₹1,39,900 per kilogram.

Gold Prices See Correction Amid Global Pressure

Although prices have dipped today, gold continues to hover near its peak levels. Analysts attribute the correction more to international market movements than domestic demand. Global economic conditions, fluctuations in the US dollar, and investor sentiment toward safe-haven assets are playing a major role in shaping gold and silver trends.

Experts suggest that while silver may continue to witness upward momentum, gold could experience short-term volatility in the coming weeks. Investors are therefore advised to remain cautious and closely monitor international cues before making buying decisions.

City-Wise Gold Rates Today (September 26, 2025)

Here are the updated gold rates across major Indian cities:

• Delhi: 24-carat gold at ₹1,14,580 per 10 grams; 22-carat gold at ₹1,05,040 per 10 grams

• Mumbai: 24-carat gold at ₹1,14,430 per 10 grams; 22-carat gold at ₹1,04,890 per 10 grams

• Lucknow: 24-carat gold at ₹1,14,580 per 10 grams; 22-carat gold at ₹1,05,040 per 10 grams

• Jaipur: 24-carat gold at ₹1,14,580 per 10 grams; 22-carat gold at ₹1,05,040 per 10 grams

• Patna: 24-carat gold at ₹1,14,430 per 10 grams; 22-carat gold at ₹1,04,890 per 10 grams

• Bhubaneswar: 24-carat gold at ₹1,14,430 per 10 grams; 22-carat gold at ₹1,04,890 per 10 grams

• Chennai: 24-carat gold at ₹1,14,650 per 10 grams; 22-carat gold at ₹1,05,090 per 10 grams

• Ahmedabad: 24-carat gold at ₹1,14,480 per 10 grams; 22-carat gold at ₹1,04,940 per 10 grams

• Kolkata: 24-carat gold at ₹1,14,430 per 10 grams; 22-carat gold at ₹1,04,890 per 10 grams

• Hyderabad: 24-carat gold at ₹1,14,430 per 10 grams; 22-carat gold at ₹1,04,890 per 10 grams

• Bengaluru: 24-carat gold at ₹1,14,580 per 10 grams; 22-carat gold at ₹1,05,890 per 10 grams

• Gurugram: 24-carat gold at ₹1,14,580 per 10 grams; 22-carat gold at ₹1,05,040 per 10 grams

Silver Hits Record Levels in Delhi

While gold has witnessed a dip, silver has shown remarkable strength. On Thursday, silver prices in Delhi surged by ₹1,000, reaching a record-high of ₹1.40 lakh per kilogram. This sharp rise was supported by strong global cues. A day earlier, silver had closed at ₹1,39,000 per kilogram, highlighting the strong demand in both domestic and international markets.

Meanwhile, gold of 99.9% purity slipped by ₹630 in the capital, settling at ₹1,17,370 per 10 grams including all taxes.

Why Are Gold and Silver Prices Fluctuating?

The ongoing volatility in precious metals is primarily linked to the international market. Several factors such as geopolitical tensions, inflationary pressures, and the Federal Reserve’s monetary policy are influencing prices. The movement of the US dollar is particularly critical, as gold prices often move inversely to it.

In India, festive demand usually keeps gold prices high during Navratri and Diwali. However, the recent decline indicates that global economic forces are outweighing domestic seasonal buying trends.

Investor Outlook

For investors, silver currently appears to have stronger upside potential, while gold may see more short-term corrections. Experts recommend a cautious approach, with long-term investors viewing price dips as opportunities to accumulate.

As Navratri continues, consumers can take advantage of the slight correction in gold rates, but given the volatile nature of the market, prices may rebound quickly.