Gold Rates Today (9/24/2026) Crash Rs 15,200 In 24-Carat; Where Is Gold Cheaper? UAE, India, Oman, Saudi, More

Gold rates in India crashed sharply on September 24. The 10-gram gold price plunged by Rs 1,520 in 24-carat, while the 100-gram gold price crashed by Rs 15,200 in the same. Gold prices across the globe are volatile due to a stronger dollar, which is at its highest level in two months, and treasury yields that have hovered near their highest level since 2007. Accordingly, gold could not hedge gains from falling crude oil prices as the market's prediction of a rate hike in upcoming policy heightens. However, there are many countries where gold has become cheaper than in India, especially in South Asia.

Gold Rates In India Today

24-carat gold price declined by Rs 15,200 to Rs 15,26,800 per 100 grams, while plunged by Rs 1,520 in 10 grams to Rs 1,52,680. Also, 8 grams gold dipped by Rs 1,216 to Rs 1,22,144 and 1 gram gold is down by Rs 152 to Rs 15,268.

Gold Rates In India Vs UAE vs Saudi Arabia Vs Oman Vs Kuwait And Others

In countries like Bahrain, 1 gram and 10 grams gold price stood at Rs 13,416 and Rs 1,34,160 in 24-carat. While in Kuwait, the prices stood at Rs 1,34,150 per 10 grams and at Rs 13,415. In Singapore, gold is priced at Rs 14,145 per 1 gram and at Rs 1,41,450 per 10 grams. In Saudi Arabia, 24-carat gold is available at Rs 13,577 per 1 gram and at Rs 1,35,770 per 10 grams.

In the souk markets of UAE, which is cities like Dubai, Abu Dhabi, Ajman, Fujairah, Ras Al Khaimah and Sharjah, gold is priced at Rs 13,457 per 1 gram and at Rs 1,34,570 per 10 grams.

Among Western countries, gold is still cheaper than in India. In Canada, 24-carat gold price stood at Rs 13,471 per 1 gram and at Rs 1,34,710 per 10 grams. In Australia, 1 gram gold and 10 grams gold are priced at Rs 13,993 and Rs 1,39,930 respectively. In USA, 1 gram and 10 grams gold is priced at Rs 13,572 and Rs 1,35,720 respectively. In the United Kingdom, gold is priced at Rs 13,254 per 1 gram and at Rs 1,32,540 per 10 grams.

Furthermore, in Russia, 1 gram and 10 grams gold price stood at Rs 13,384 per 1 gram and at Rs 1,33,840 per 10 grams. In Germany, 1 gram and 10 grams gold stood at Rs 13,320 and Rs 1,33,200 respectively. In France, yellow metal is priced at Rs 13,320 per 1 gram and at Rs 1,33,200 per 10 grams.

Among neighboring countries of India, 24-carat gold price stood at Rs 13,375 per 1 gram and at Rs 1,33,750 per 10 grams in Pakistan. While gold is available at Rs 13,834 per 1 gram and at Rs 1,38,340 per 10 grams in Sri Lanka and at Rs 13,325 per 1 gram and at Rs 1,33,250 per 10 grams in China. In Bangladesh, gold is priced at Rs 13,420 per 1 gram and at Rs 1,34,200 per 10 grams.

What Should Investors Do?

"Gold's decline appears partly linked to contract rollover. Open interest in the October contract dropped 9.47 per cent as its October 5 expiry approached. December gold, which closed at Rs 1,53,590, recorded a 7.17 per cent increase in open interest. This suggests that traders are reducing near-month exposure and shifting towards the next contract," said Vikram Subburaj, CEO, Giottus.com.

He further explained that the pressure came mainly from global markets. Spot gold fell towards $4,300 an ounce as the dollar index strengthened to 100.87. Expectations of another US interest-rate increase have reduced the appeal of non-yielding assets. Elevated oil prices offer bullion some geopolitical support. However, it also increases inflation risk and strengthens the case for tighter monetary policy.

For Indian investors, Vikram said, the rupee and the 15 per cent import tariff will continue to cushion domestic prices from the full extent of an international decline. Gold buyers can stagger purchases rather than chase intraday reversals. Futures traders should watch ₹1,51,050 in gold and ₹2,35,500 in silver. A break below these levels would indicate that the correction has further to run.

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