At the premium end of the spectrum, 24-carat gold—the benchmark for purity—is currently trading at ₹16,210 per gram. This valuation has remained unchanged since the previous session, reflecting a solidified floor in the luxury asset class. For those looking at larger procurement, the eight-gram sovereign stands at ₹1,29,680, while the ten-gram unit is positioned at ₹1,82,100. Interestingly, the ten-gram segment showed a marginal adjustment of ₹100 compared to yesterday’s close, marking the only notable movement in an otherwise stagnant 24-carat sector. On a broader scale, the bulk price for 100 grams of 24-carat gold remains fixed at a substantial ₹16,21,000.
The 22-carat category, which traditionally drives the lion's share of India's jewelry demand, mirrored this trend of steadiness with only negligible deviations. The rate for a single gram of 22-carat gold is currently pegged at ₹14,860, down a slight ₹20 from yesterday's ₹14,880. Despite this minor dip at the unit level, the price for eight grams remained locked at ₹1,18,880. The standard ten-gram and bulk 100-gram valuations held their ground at ₹1,48,600 and ₹14,86,000, respectively, indicating that the local jewelry market is maintaining its pricing integrity despite minor intraday shifts
Furthermore, the 18-carat gold market—increasingly popular for contemporary and lightweight daily-wear jewelry—showed total consistency across all weight brackets. The price per gram remains at ₹12,161, with eight grams costing ₹97,288 and ten grams valued at ₹1,21,610. The 100-gram valuation for 18-carat gold has also stayed firm at ₹12,16,100, showing no change from the previous day’s figures.
This period of price consolidation in Delhi’s gold market is of particular significance as it reflects a balance between international cues and local demand. For the average consumer, these flatlines in pricing offer a reprieve from the inflationary pressures often associated with precious metals. As the market navigates the fiscal complexities of the first quarter of 2026, this stability serves as a crucial indicator for the broader economy, suggesting that while the appetite for gold remains high, the immediate upward pressure on prices has found a temporary ceiling.
About The Author
Comment List