Gold Rate Today, September 2: Check 18, 22 and 24 carat gold prices in Chennai, Mumbai, Delhi, Kolkata and other cities

On September 2, 2026, the price of gold in India saw a slight decline from the previous day. According to Good Returns, the rate for 24 carat gold was Rs 15,202 per gram, down Rs 207 from September 1. Similarly, 22 carat gold dropped to Rs 13,935 per gram, while 18 carat gold decreased to Rs 11,402 per gram.

Factors such as international panic subsiding and ongoing turmoil in the Middle East contributed to the fluctuating gold prices. The Middle East situation, with tensions escalating after U.S. military strikes against Iranian targets, led to a brief lull in fighting following a 60-day ceasefire negotiated by Washington and Tehran. However, the ceasefire was short-lived as both countries resumed hostilities, causing sharp volatility in energy markets and driving investors towards gold as a safe-haven asset.