Gold and Silver Rates Today, September 10: Precious metal prices are still swinging. Traders are keeping an eye on the US dollar, the newest inflation data, and shifts in global risk. Gold edged up on Thursday in overseas markets. In India, the market did not follow one clear path.
On MCX, recent trade put October gold futures close to the ₹1.52 to ₹1.53 lakh band for 10 grams. On September 9, the same MCX Gold October contract was about ₹1,53,070 per 10 grams.
The latest AM rate sits at ₹15,343.20 per gram. If you scale that, it comes to roughly ₹1,53,432 for 10 grams.
Gold Rate Falls For Third Day To ₹1.58 Lakh, Silver Jumps ₹2,300 In Delhi
Latest retail rates for 24K and 22K gold per 10 grams:
The December contract was around ₹2.39 lakh per kg in the latest September 9 session. Retail silver prices in several cities have been around ₹2.4–₹2.55 lakh per kg, depending on the market and jeweller.
Silver Rate Today City-Wise
The move now looks tied to US inflation prints and what the Federal Reserve may do on rates. Reuters said spot gold climbed 0.3% on Thursday, helped by a weaker US dollar. Traders were also holding back as they waited for US producer and consumer inflation data.
There is another lift for gold, linked to ongoing geopolitical tensions. Some people are also uneasy about US fiscal trends. Silver tracked the wider precious metals trend, but it still swings more than gold.
For buyers, MCX and IBJA quotes can be a useful guide. Still, what you pay for jewellery may end up above that level after 3% GST. You should also factor in making charges and any jeweller margins.
This website uses cookies.