Gold Rate Today (September 5, 2026): Gold Prices experienced a sharp correction after touching a record high in January. (Image Source: AI-generated) 24K, 22K, 18K Gold Rate In Delhi, Chennai, Mumbai And Other Major Cities Gold prices in the national capital came under pressure during Friday's trading session. The price of 99.9 percent purity gold dropped by Rs 2,700 to Rs 1,55,900 per 10 grams, including taxes. The metal had ended Thursday at Rs 1,58,600 per 10 grams. However, international prices moved in the opposite direction. Spot gold climbed by $49.82, or 1.15 percent, to $4,366.58 per ounce. The divergence between domestic and overseas prices highlights the role played by local demand, selling activity, taxes and other market-specific factors in determining retail bullion rates. In futures trading, October-delivery gold on the MCX gained Rs 309 during Friday's session to reach Rs 1,52,650 per 10 grams. The contract rose 0.20 percent amid fresh positions and firm spot demand. Internationally, gold futures increased 0.44 percent to $4,387.97 per ounce in New York. Bullion traders said that after the recent rise in precious metals, domestic bullion prices have fallen sharply due to selling pressure in the local market. This fall was seen despite the rise in global markets. According to news agency PTI, Saumil Gandhi, Senior Analyst (Commodities) of HDFC Securities said that although gold prices have improved slightly in the foreign market, it is still under pressure and is on the path of decline for the third consecutive week. He said that high crude oil prices have again increased concerns about inflation. Besides, high yields on US Treasury bonds and increasing expectations of increase in interest rates are also putting pressure on assets like gold. With domestic markets closed for the weekend, gold buyers will have to wait until the next trading session for the next major price movement. Global bullion trends, crude oil prices, US bond yields and expectations surrounding interest rates are likely to remain key factors for the precious metal market. She is working as a Chief Copy Editor at Times Now’s Business Desk, where she covers key developments in the stock market, Indian corporates across se... View More