Punjab & Haryana · 26 September 2026 · 09:44 PM IST
| Weight | 24K (99.9%) | 22K (91.6%) | 18K (75%) |
|---|---|---|---|
| 1 Gram | ₹15,252.73 | ₹13,971.50 | ₹11,439.55 |
| 8 Grams (1 Pavan) | ₹122,021.84 | ₹111,772.00 | ₹91,516.40 |
| 10 Grams | ₹152,527.30 | ₹139,715.01 | ₹114,395.48 |
| 100 Grams | ₹1,525,273.00 | ₹1,397,150.00 | ₹1,143,955.00 |
| 1 Kilogram | ₹15,252,730 | ₹13,971,500 | ₹11,439,550 |
Today, the price of 24K gold in Chandigarh has seen a decline to Rs.152527.3 per 10g, indicating a shift in market sentiment possibly due to external factors such as the Federal Reserve's interest rate policies and the strengthening of the USD/INR exchange rate. Domestic factors like the MCX gold prices and the Import Benchmark Jewellers Association (IBJA) rates also played a role in influencing the local market, as well as the anticipated festive demand and the impact of import duties, which collectively contributed to the downward trend.
Global macroeconomic drivers such as the US Federal Reserve's interest rate hikes continue to impact gold prices, with a stronger USD causing gold to become more expensive for Indian buyers. The USD/INR exchange rate's movement is a key factor, as it affects the purchasing power of Indian consumers. Internationally, the COMEX gold trends also influence the price direction. Domestically, the MCX gold prices and the IBJA rates are closely watched, and the festive demand, which is typically high, is expected to impact the market positively. Import duties and the monsoon outlook also affect the supply and demand dynamics, influencing local prices.
For local consumers in Chandigarh, it is advisable to consider BIS hallmark standards to ensure the purity of gold. Additionally, evaluating investment strategies and considering paper gold options through ETFs can diversify your portfolio. Physical gold purchases should be made from reputable jewelers and through secure channels to avoid fraud. Given the current market conditions, it might be wise to wait for a significant price drop before making a large purchase to minimize costs.
To securely buy physical gold or paper gold in Chandigarh, start by choosing a reputable and licensed jeweler or a trusted bank. Verify the purity and hallmark standards before making a purchase. For paper gold, consider investing in ETFs or other gold-backed securities. Ensure the transaction is conducted through a secure platform and that all details are recorded for future reference. Always check the latest market prices and consider your investment goals and time horizon before making a decision.