Gold Price Today: Gold And silver Rates on MCX – September 16, 2025
On Friday, gold prices did not fluctuate much in anticipation of a seventh consecutive weekly increase. This increase is supported by forecasts of more U.S. interest rate cuts in the latter part of this year and fears of the possible effects of a U.S. government shutdown.
Spot gold stood at $3,851.99 per ounce, just below the all-time high of $3,896.49 reached on Thursday. Throughout this week, gold has gained 2.4 percent, reflecting high investor interest in safe-haven assets amid economic uncertainty.
Meanwhile, U.S. gold futures for December delivery increased 0.2 percent to reach $3,874.40, indicating bullish momentum in the gold market.
As of Octoer 3, 2025, MCX Gold Futures
The price of the MCX Gold December 2025 contract is ₹117,558, with an opening rate of ₹116,890, a highest price of ₹117,788, and a lowest price of ₹115,460. Global economic situations, currency exchange rates, interest rates, geopolitics, and supply-demand ratios affect gold prices. Economic uncertainty and geopolitical instability increase the popularity of gold as a safe haven. Central bank buying and demand during the festive season put upward pressure in India. Also, when the US dollar is weak, it usually increases the gold price. US Federal Reserve rate cut expectations also influence the mechanism pushing gold prices to historic heights.
As of Octoer 3, 2025, Silver Futures Prices On The MCX
Silver December futures contract in the Multi Commodity Exchange (MCX) is trading at ₹1,44,566.00. It has opened at ₹1,43,204.00 and closed at ₹1,42,145.00 before.
The global silver prices, e.g., on COMEX, and the exchange rate of USD/INR affect silver prices in MCX. An appreciation of the US dollar tends to push down the price of silver, whereas the opposite happens when the dollar is weak. As well, silver is influenced to a large extent by industrial demand. Silver is widely applied in electronics, solar energy, and medicine; thus, demand in these spheres may drive the prices up.
Gold Price Today In India
- Gold Price in Delhi
• 24K: ₹1,19,423
• 22K: ₹1,09,483
• 18K: ₹89,160 - Gold Price in Kerala
• 24K: ₹1,18,680
• 22K: ₹1,08,790
• 18K: ₹88,335 - Gold Price in Mumbai
• 24K: ₹1,18,680
• 22K: ₹1,08,790
• 18K: ₹88,065 - Gold Price in Delhi
• 24K: ₹1,19,423
• 22K: ₹1,09,483
• 18K: ₹89,160
Gold Price Today (24K & 22K) in Major Indian Cities (Per Grams)
Gold Prices by City (₹ per 10 grams)
| City | 24K Gold Price (₹/10g) | 22K Gold Price (₹/10g) | 18K Gold Price (₹/10g) |
|---|---|---|---|
| National Avg | ₹1,18,680 | ₹1,08,790 | ₹89,010 |
| Ahmedabad | ₹1,18,730 | ₹1,08,840 | — |
| Bangalore | ₹1,19,265 | ₹1,09,325 | ₹88,132.5 |
| Chennai | ₹1,19,491 | ₹1,09,531 | ₹88,320 |
| Delhi | ₹1,19,423 | ₹1,09,483 | ₹89,160 |
| Ghaziabad | ₹1,18,190 | ₹1,08,350 | ₹88,680 |
| Hyderabad | ₹1,18,680 | ₹1,08,790 | ₹88,200 |
| Kerala | ₹1,18,680 | ₹1,08,790 | ₹88,335 |
| Kolkata | ₹1,18,680 | ₹1,08,790 | ₹87,945 |
| Mumbai | ₹1,18,680 | ₹1,08,790 | ₹88,065 |
| Noida | ₹1,18,830 | ₹1,08,940 | ₹89,160 |
| Pune | ₹1,18,680 | ₹1,08,790 | ₹88,065 |
| Vadodara | ₹1,18,730 | ₹1,08,840 | — |
| Jaipur | ₹1,17,400 | ₹1,07,616.7 | ₹88,050 |
| Jaipur | ₹1,15,300 | ₹1,05,691.7 |
(Taken From Good Returns At 10:30 AM)
Note: Prices are per 10 grams and subject to daily fluctuations. Data sourced from Goodreturns. Some cities may not have 18K data available.
Silver Price Today In India
| City | Price (₹) |
|---|---|
| Chennai | ₹1,64,100 |
| Hyderabad | ₹1,63,000 |
| Kerala | ₹1,63,000 |
| Delhi | ₹1,53,100 |
| Mumbai | ₹1,51,000 |
| Kolkata | ₹1,51,000 |
| Bangalore | ₹1,51,000 |
Note: Silver prices can fluctuate throughout the day due to various market factors.
(Note: The price at few places could be higher due to state-specific taxes, as reported by Goodreturns.)
(Disclaimer: This article is for informational purposes only and should not be construed as an investment advice. Prior to making an investment, conduct thorough research and consult with your financial advisor.)
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