As of September 12, 2025, gold prices on the Multi Commodity Exchange (MCX) The prices of gold in the Multi Commodity Exchange (MCX) are strongly aligned to the international market trends. Investors are maintaining a watchful eye on concerns about a deteriorating labor market in the US and whether the Federal Reserve may lower interest rates next week. In India, the price of 24-carat gold is ₹11,069 per gram and 22-carat gold costs ₹10,148 per gram as of 12 September, 2025. Prices hit a record high earlier this week, but have since fallen by more than ₹1,000. Other influential factors of Indian gold prices include the amount of duties paid on imports, the demand of the local market, and fluctuations in the currency as well. As of September 12, 2025, silver futures prices on the MCX In India, silver is priced at ₹129.80 per gram and ₹1,29,800 per kilogram and has slight shaving compared to its close yesterday. Silver Continuous Contracts are trading higher on the global stage at 42.660 or 1.21 higher. Silver prices in the Multi Commodity Exchange (MCX) are close to record levels, even though there is a slight domestic fall, with the December futures at ₹1,28,095 per kg. Silver projections are also rosy as the US Federal Reserve is expected to cut down on interest rates, industrial demand is high, exchange-traded funds (ETFs) inflows have been high, and supply is tight, all factors that are expected to keep investors interested and silver prices strong.