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.
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.
According to the latest September 16 retail data, 24K gold prices are:
For 22K gold, the rates are:
Gold Silver Rate Today: MCX Prices and City-Wise Rates on September 15
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:
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.
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.
This website uses cookies.