Gold, silver price surge today; Why precious metals are rallying on September 18, 2026

New Delhi: Gold and silver rates across major Indian metro cities registered a firm trend on Friday, September 18 2026. The uptick in domestic precious metal prices reflects a rally in global bullion markets, supported by a decline in crude oil prices.
In early international trade on Friday, spot gold rose marginally to cross $4,346 per ounce, while spot silver recorded gains of nearly 1% to trade near $66 per ounce.
On the domestic front, 24-karat gold (99.9% purity) stands at ₹15,283 per gram, while 22-karat gold (91.6% purity) is priced at ₹14,009 per gram. The rate for 18-karat gold (75% purity) stands at ₹11,462 per gram.
Meanwhile, industrial demand and foreign exchange movements continue to dictate silver prices. Silver in India is priced at ₹244.90 per gram and ₹2,44,900 per kilogram today.
Gold rates across major Indian cities (per gram)
| City | 24K Gold (₹/g) | 22K Gold (₹/g) | 18K Gold (₹/g) |
| Chennai | ₹15,283 | ₹14,009 | ₹11,779 |
| Mumbai | ₹15,283 | ₹14,009 | ₹11,462 |
| Delhi | ₹15,298 | ₹14,024 | ₹11,482 |
| Kolkata | ₹15,283 | ₹14,009 | ₹11,462 |
| Bengaluru | ₹15,283 | ₹14,009 | ₹11,467 |
| Hyderabad | ₹15,283 | ₹14,009 | ₹11,462 |
| Thiruvananthapuram | ₹15,283 | ₹14,009 | ₹11,462 |
| Pune | ₹15,283 | ₹14,009 | ₹11,462 |
| Vadodara | ₹15,288 | ₹14,014 | ₹11,472 |
| Ahmedabad | ₹15,288 | ₹14,014 | ₹11,472 |
Silver rates across major Indian cities
| City | 10 Grams (₹) | 100 Grams (₹) | 1 Kilogram (₹) |
| Chennai | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Mumbai | ₹2,449 | ₹24,490 | ₹2,44,900 |
| Delhi | ₹2,449 | ₹24,490 | ₹2,44,900 |
| Kolkata | ₹2,449 | ₹24,490 | ₹2,44,900 |
| Bengaluru | ₹2,449 | ₹24,490 | ₹2,44,900 |
| Hyderabad | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Kerala | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Pune | ₹2,449 | ₹24,490 | ₹2,44,900 |
| Vadodara | ₹2,449 | ₹24,490 | ₹2,44,900 |
| Ahmedabad | ₹2,449 | ₹24,490 | ₹2,44,900 |