Gold Steady At Record Levels Ahead Of Fed Policy Cues, Check City-Wise Rates On September 16 | Savings and Investments News


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Gold Price Today In India: Gold price remains steady, while silver falls Rs 100. Check the latest gold rates across cities like Mumbai, Delhi, Ahmedabad, Kolkata, etc.

24-carat and 22-carat gold prices in different metro cities today.

24-carat and 22-carat gold prices in different metro cities today.

Gold Price Today In India: Gold prices on Tuesday remained steady amid the weakening of the dollar and expectations of Fed rate cut. Gold surged past $3,700 per ounce, setting another record high, while silver touched a fresh 14-year peak in global trade.

Meanwhile, across India, prices of 24-carat gold hovered around Rs 1,11,000 per 10 grams. In Mumbai, 24-carat gold and 22-carat gold stood at Rs 1,11,050 per 10 gram and Rs 1,01,790 per 10 gram, respectively.

Both metals are also at all-time highs domestically, supported by safe-haven demand, geopolitical concerns, and firm investment interest, said Rahul Kalantri, VP Commodities, Mehta Equities.

He added that all eyes are on the Fed’s quarterly Summary of Economic Projections, the dot plot, and Chair Jerome Powell’s press conference for clues about future policy direction.

On MCX exchange, gold futures expiring on October 3, 2025, traded flat at Rs 1,10,174 per 10 gram. On the other hand, Silver futures expiring December 05, 2025 were marginally up at Rs 1,29,522 per kg.

Silver, however, saw a fall of Rs 100 on Tuesday to trade around Rs 1,32,900 per kg.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On September 16?

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 1,01,940 Rs 1,11,200
Jaipur Rs 1,01,940 Rs 1,11,200
Ahmedabad Rs 1,01,840 Rs 1,11,100
Patna Rs 1,01,840 Rs 1,11,100
Mumbai Rs 1,01,790 Rs 1,11,050
Hyderabad Rs 1,01,790 Rs 1,11,050
Chennai Rs 1,01,790 Rs 1,11,050
Bengaluru Rs 1,01,790 Rs 1,11,050
Kolkata Rs 1,01,790 Rs 1,11,050

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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