Huge Single-Day Drop of Rs 15,200/100g in Gold Rate Today in India As Strong US Data & Iran Tensions Weigh On

Gold prices in India came under renewed pressure on Thursday, September 24, after a brief recovery in the previous session, as expectations of a tighter US Federal Reserve policy weighed on bullion. 24 Karat (24K) gold fell Rs 152 per gram to Rs 15,268, while 22 Karat (22K) gold declined Rs 140 to Rs 13,995 per gram.

Huge Single-Day Drop of Rs 15,200/100g in Gold As Fed Hike Bets, Strong US Data Weigh On Bullion

The latest fall translates into a sharp Rs 15,200 decline in the price of 100 grams of 24 Karat gold in a single day, adding to the volatility seen in the precious metals market. Silver prices also moved lower, with the metal available at Rs 245 per gram or Rs 2,45,000 per kilogram.

The pressure on gold came as stronger-than-expected US economic data and hawkish comments from a Federal Reserve policymaker strengthened expectations of tighter monetary policy. Higher interest-rate expectations pushed Treasury bond yields higher and triggered a sell-off in the bond market, reducing the appeal of non-yielding assets such as gold.

Meanwhile, fading hopes of a diplomatic breakthrough between the US and Iran added another layer of uncertainty to global markets.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on September 24, 2026

24 Karat Gold Rate Today in India

The price of 24 Karat gold in India stands at Rs 15,268 per gram, down Rs 152 from the previous day's Rs 15,420. For 8 grams, the price is Rs 1,22,144, reflecting a decline of Rs 1,216. The rate for 10 grams has fallen by Rs 1,520 to Rs 1,52,680, while 100 grams is priced at Rs 15,26,800, down Rs 15,200 in a single day.

22 Karat Gold Rate Today in India

The price of 22 Karat gold has declined by Rs 140 per gram to Rs 13,995, compared with Rs 14,135 previously. The price for 8 grams stands at Rs 1,11,960, down Rs 1,120, while 10 grams is available at Rs 1,39,950, marking a decline of Rs 1,400. For 100 grams, the price has fallen by Rs 14,000 to Rs 13,99,500.

18 Karat Gold Rate Today in India

The price of 18 Karat gold has dropped by Rs 114 per gram to Rs 11,451. The rate for 8 grams stands at Rs 91,608, down Rs 912, while 10 grams is priced at Rs 1,14,510, reflecting a decline of Rs 1,140. For 100 grams, the price has declined by Rs 11,400 to Rs 11,45,100.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gram on September 24, 2026

Silver prices in India also declined on Thursday. Silver fell Rs 5 per gram to Rs 245, compared with Rs 250 per gram a day earlier. For larger quantities, 8 grams of silver is priced at Rs 1,960, down Rs 40 from Rs 2,000. The rate for 10 grams stands at Rs 2,450, marking a decline of Rs 50.

Meanwhile, 100 grams of silver is available at Rs 24,500, down Rs 500 from the previous day's Rs 25,000. For 1 kilogram, the silver price has fallen to Rs 2,45,000 from Rs 2,50,000, reflecting a decline of Rs 5,000 in a single day.

"Gold and Silver prices have eased as markets braced for central banks to hold rates elevated longer to tame inflation, even as China's gold imports through August already exceeded full-year 2025 levels. Geopolitical tension around Iran cut both ways - Trump called talks with Iranian envoys "very good" and Tehran floated reopening the Strait of Hormuz, yet Trump also warned of potential military action if no deal emerges," said Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd., President of IBJA.

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