Gold is one of the most liquid financial assets and often serves as a safe-haven investment during periods of economic uncertainty. Investors typically turn to the yellow metal in turbulent market conditions, as it acts as a hedge against inflation and currency depreciation. 

Gold prices in India saw a clear uptick on June 27, 2026 compared to the previous day across all purity levels. 24K gold rose from ₹14,132 to ₹14,395 per gram, while 22K gold increased from ₹12,954 to ₹13,195 per gram. Similarly, 18K gold moved up from ₹10,599 to ₹10,796 per gram. The across-the-board rise indicates stronger bullish momentum in the domestic bullion market, suggesting increased demand or supportive global cues driving prices higher within a single trading day.

PurityPrice (Per Gram)
24K Gold (99.9% purity) ₹14,395
22K Gold (91.6% purity)₹13,195
18K Gold (75% purity)₹10,796

 

City-wise gold rate (1 gram)

Cities24 Carat22 Carat18 Carat
Chennai₹14,586₹13,370₹11,145
Mumbai₹14,395₹13,195₹10,796
Delhi₹14,410₹13,210₹10,811
Kolkata₹14,395₹13,195₹10,796
Bangalore₹14,395₹13,195₹10,796
Hyderabad₹14,395₹13,195₹10,796
Thiruvananthapuram₹14,395₹13,195₹10,796

City-wise silver rate

City(10 grams)(100 grams)(1 kg)
Chennai₹2,451₹24,510₹2,45,100
Mumbai₹2,401₹24,010₹2,40,100
Delhi₹2,401₹24,010₹2,40,100
Kolkata₹2,401₹24,010₹2,40,100
Bangalore₹2,401₹24,010₹2,40,100
Hyderabad₹2,451₹24,510₹2,45,100
Kerala₹2,451₹24,510₹2,45,100

How is the gold price per gram arrived at in India?

Gold prices in India are influenced by several domestic and global factors that together determine the per-gram rate on any given day. These include currency movement, international market trends, demand, interest rates, and government policy decisions.

  • Currency fluctuations: The value of the Indian rupee against the US dollar plays a key role. A weaker rupee makes gold imports more expensive, leading to higher domestic prices per gram.
  • Global market factors: International economic conditions such as policy changes, geopolitical uncertainty, slowing growth, and movements in the US dollar against other currencies directly impact global gold prices, which are reflected in India.
  • Demand: Consumer and investment demand strongly influence prices. Higher demand- especially during festivals and wedding seasons- pushes prices up, while weaker demand can lead to a decline.
  • Interest rates: Gold prices are closely linked to global interest rate trends. When interest rates in major economies like the US rise, gold tends to become less attractive, leading to lower prices. When rates fall, gold generally gains value.
  • Government policies: Policy measures can also affect gold consumption and pricing. At times, governments may discourage gold imports to control trade deficits and manage economic stability, which can influence domestic price movements.