As of September 16, 2025, MCX Gold Futures Pre Fed Meeting Slump. MCX Gold futures October contracts are marginally down by 0.04% and are trading at ₹110,130 per 10 grams. This minimal fall is largely due to traders booking profits prior to the important meeting of the US Federal Reserve tomorrow. However, the price is not falling significantly since the US dollar is weak, and there is a possibility of a 25 basis points rate cut. Technical analysts believe that today gold prices may experience a minor dip, yet overall, gold prices may increase in the near future. Support is close to ₹1,09,100, and resistance is ₹1,10,580–₹1,11,000. Gold has lately hit a record of ₹1,09,840. As of September 16, 2025, silver futures prices on the MCX India Silver is currently traded at ₹134 per gram or ₹1,34,000 per kilo. At the Multi Commodity Exchange (MCX), December silver futures are trading at approximately ₹1,24,079 per kg, a decrease of 0.5 percent relative to the recent high. In the first half of the year, MCX silver had touched ₹1,30,000 per kg. As of 2025, silver has increased by 42 percent to sell at ₹1,25,249 per kg. The factors behind this increase include good industrial demand, positive market trends in the global market, and prospects of potential interest rate reductions by the US Federal Reserve, which are favoring the interest of investors in silver.