Last Updated Sep - 12 - 2025, 06:28 PM | Source : Fela News
Gold & Silver Prices: In the international market, gold and silver prices are determined in U.S. dollars. Therefore, changes in the dollar-rupee exchange rate a
Gold Price Today: After the U.S. adopted a more lenient monetary policy and released fresh inflation data, gold prices have witnessed a sharp rise. The unemployment rate in the U.S. has climbed to a four-week high, indicating a weakening labor market. In such conditions, gold has touched record levels. On MCX, gold rose 0.48% to ₹1,09,500 per 10 grams, while silver increased 1.14% to ₹1,28,383 per kilogram.
It is expected that on September 17, the U.S. Federal Reserve may cut interest rates. This has created a positive sentiment in the market. At the same time, Russia’s oil supply, U.S. tariffs on India and China, and ongoing geopolitical tensions have also driven investors toward gold.
In Delhi, 24-carat gold is being sold at ₹1,11,430 and 22-carat gold at ₹1,02,150 per 10 grams. In Mumbai, Hyderabad, Chennai, Bengaluru, and Kolkata, 24-carat gold is available at ₹1,11,280 and 22-carat at ₹1,02,000 per 10 grams. Generally, 24-carat gold is purchased for investment purposes, while 22-carat and 18-carat are mostly used in jewelry making.
Gold and silver prices change daily and are influenced by several factors. The biggest factor is the dollar-rupee exchange rate. Since the prices of these metals are set in dollars internationally, a stronger dollar or weaker rupee makes gold costlier in India.
India imports the majority of its gold. Hence, import duty, GST, and local taxes also affect its prices. Globally, wars, economic crises, or changes in interest rates push gold prices higher, as investors consider it a safe-haven asset.
In India, gold is not just an investment but also deeply connected with tradition and culture. Buying gold during weddings, festivals, and special occasions is considered auspicious. This is why demand always remains strong. During times of inflation or stock market risks, people prefer gold as a reliable investment, keeping its prices consistently high.
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