Gold Price Today: Yellow Metal Rockets Past ₹1.05 Lakh! An Absolutely-Jaw Droping Record in the Middle of world ramping up markets for festival and Holiday Hype
In the jaw droping stats, Gold prices have broken all past records in India and have soared above the 1,05,000 mark per 10 gram in a jaw-dropping move. The yellow metal in early trade was trading at an unbelievable ₹1,05,140 as of September 2, 2025, as per the India Bullion and Jewellers Association (IBJA).
This drastic surge comes at a time when the world is starting to cool down on tariff tensions, thus possibly indicating mollified markets. However, investors are instead doubling up on gold as a safe haven, throwing money into the metal with uncertainty still persisting. It is not only domestic money problems- international signals and world purchasing patterns are fueling the fire behind this price spurt.
To the average man, it could not have come at a worse time. As the festive season nears and the Indian weddings begin (starting with Diwali in October and an overloaded wedding schedule), gold and silver are becoming even less affordable. A tradition that used to be enjoyed by many is now a luxury to many.
Gold Price And Silver Rates Amid Easing Global Tariff Concerns
Gold and silver Rates on MCX – August 20, 2025
As of September 2, 2025, gold prices on the Multi Commodity Exchange (MCX) continued to trade at elevated levels.
- The October 2025 Gold futures contract (GOLD) was quoted at ₹1,03,822.00 per 10 grams, reflecting a 1.69% increase or ₹1,722.00 gain.
- Meanwhile, the September 2025 Gold Mini futures contract (GOLDM) was trading at ₹1,03,155.00 per 10 grams, up by 1.65% or ₹1,674.00.
It is important to note that prices are subject to fluctuations during the trading session based on market dynamics. Notably, on September 1, the October contract briefly reached an all-time high of ₹1,05,937 per 10 grams.
As of September 2, 2025, silver futures on the Multi Commodity Exchange (MCX) displayed varying price levels across different contract maturities.
- The September 2025 silver futures contract was last traded at ₹1,22,299 per kilogram.
- The December 2025 contract, which reflects longer-term pricing, recorded a last traded price (LTP) of ₹1,24,131 per kilogram.
- Additionally, the November 2025 Silver Mini (SilverM) contract, designed with a smaller lot size for retail investors, was trading at ₹1,21,587 per kilogram.
These prices are indicative of ongoing volatility and investor sentiment, and may continue to fluctuate throughout the trading session based on market dynamics.
Gold Price Today In India
- Gold Price in Delhi:
• 24K – ₹1,06,040
• 22K – ₹97,210 - Gold Price in Noida:
• 24K – ₹1,06,040
• 22K – ₹97,210 - Gold Price in Lucknow:
• 24K – ₹1,04,980
• 22K – ₹96,231.70 - Gold Price in Chennai:
• 24K – ₹1,05,890
• 22K – ₹97,060 - Gold Price in Mumbai:
• 24K – ₹1,04,950
• 22K – ₹96,204.20
Gold Price Today (24K & 22K) in Major Indian Cities (Per 10 Grams)
| City | 24K Gold Price (₹) | 22K Gold Price (₹) |
|---|---|---|
| Delhi | ₹1,06,040 | ₹97,210 |
| Noida | ₹1,06,040 | ₹97,210 |
| Lucknow | ₹1,04,980 | ₹96,231.70 |
| Chennai | ₹1,05,890 | ₹97,060 |
| Mumbai | ₹1,04,950 | ₹96,204.20 |
| Kolkata | ₹1,05,890 | ₹97,060 |
| Bangalore | ₹1,05,890 | ₹97,060 |
| Hyderabad | ₹1,05,890 | ₹97,060 |
| Kerala | ₹1,05,890 | ₹97,060 |
| Pune | ₹1,05,890 | ₹97,060 |
| Vadodara | ₹1,05,940 | ₹97,110 |
| Ahmedabad | ₹1,05,940 | ₹97,110 |
| Gurgaon | ₹1,06,040 | ₹97,210 |
(Taken From Good Returns At10AM)
Silver Price Today In India
| City | Updated Price (₹) |
|---|---|
| Delhi | ₹1,26,100 |
| Noida | ₹1,26,100 |
| Lucknow | ₹1,26,000 |
| Chennai | ₹1,36,100 |
| Mumbai | ₹1,26,100 |
| Kolkata | ₹1,26,100 |
| Bangalore | ₹1,26,100 |
(Note: The price in Chennai is 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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