Gold Rate Today: The gold price in India today stands at Rs 15,693 per gram for 24 carat gold, Rs 14,385 per gram for 22 carat gold, and Rs 11,770 per gram for 18 carat gold, as per Good Returns.

The price of 24K gold today, September 1, 2026, in India, reflects an increase of Rs 16 over that on August 31. Similarly, the price of 22K and 18K gold currently stands at Rs 14,385 per gram and Rs 11,770 per gram for 18 carat gold, marking an increase of Rs 15 and Rs 12 respectively over the prices on August 31.

Market Context

Gold and silver prices took a short dip when international panic subsided, despite high 15% tax rates. However, ongoing turmoil in the Middle East has kept precious metal markets fluctuating day to day.

Following U.S. President Donald Trump’s promise to “hit them hard” in retaliation for Iranian strikes on American personnel in Jordan, Iran’s IRGC claimed its air defense systems shot down a U.S. MQ-9 drone above the eastern Strait of Hormuz. Escalating military conflicts between the U.S. and Iran have driven crude oil prices past $91 per barrel, stoking inflation concerns and reshaping central bank interest rate forecasts.