Gold Rate Today, September 16: Gold stayed weak on Wednesday. Traders were waiting for the US Federal Reserve decision. A firmer US dollar also hurt prices. Higher crude oil levels added more strain. Investors now want the latest rates for MCX gold and silver. Retail prices in key Indian cities are also in focus.
Gold Rate Today, September 16
Latest MCX numbers showed gold October futures at ₹1,50,723 per 10 grams. That was 0.06% lower than the prior day. On Tuesday, domestic spot gold ended at ₹1,50,143 per 10 grams.
For Wednesday, MCX trading had not started when the morning update was prepared. So the figures above are the most recent exchange data.
Gold Rate Today City-Wise
According to the latest September 16 retail data, 24K gold prices are:
- Delhi: ₹1,50,810 per 10 grams
- Mumbai: ₹1,51,070 per 10 grams
- Chennai: ₹1,51,510 per 10 grams
- Kolkata: ₹1,50,870 per 10 grams
- Bengaluru: ₹1,51,190 per 10 grams
- Hyderabad: ₹1,51,310 per 10 grams
For 22K gold, the rates are:
- Delhi: ₹1,38,243 per 10 grams
- Mumbai: ₹1,39,481 per 10 grams
- Chennai: ₹1,38,884 per 10 grams
- Kolkata: ₹1,38,298 per 10 grams
- Bengaluru: ₹1,38,591 per 10 grams
- Hyderabad: ₹1,38,701 per 10 grams
Gold Silver Rate Today: MCX Prices and City-Wise Rates on September 15
MCX Silver Price
The latest MCX silver October/nearby futures data showed silver at around ₹2,32,036 per kg, up 0.04% in the previous session. Domestic spot silver closed at ₹2,27,295 per kg.
Silver Rate Today City-Wise
The latest 999 fine silver rates are:
- Delhi: ₹2,31,060 per kg
- Mumbai: ₹2,31,460 per kg
- Chennai: ₹2,32,130 per kg
- Kolkata: ₹2,31,850 per kg
- Bengaluru: ₹2,31,640 per kg
- Hyderabad: ₹2,31,830 per kg
Spot gold sat near $4,282 per ounce. US gold futures were close to $4,328. Silver traded around $63.62 per ounce at the start.
Gold And Silver Outlook
Traders in India are likely to track the Fed call, the US dollar, crude oil, and the day to day spot gold and silver rates. The rupee matters too. If the rupee slips, the cost of imported bullion can rise.
For buyers, jewellery rates do not match bullion or MCX quotes. GST, making charges, and jeweller markups can lift the final price they pay.
