Gold Market

Gold inches up, silver steady in Indian market

In India, gold prices dipped slightly after crossing the ₹1.10 lakh mark for the first time on September 15

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Gold and silver prices in India held steady today, reflecting global market trends and continued investor interest amid economic uncertainty. While gold remains a preferred hedge against inflation, silver too is gaining traction as an alternative investment. Below is a detailed look at today’s precious metal rates across major Indian cities.

Gold prices in India today stand at ₹11,170 per gram for 24 karat, ₹10,239 for 22 karat, and ₹8,377 for 18 karat gold. These rates, often referred to as 999 purity for 24K, are sourced from reputed jewellers and reflect the latest market trends.

Gold continues to be seen as a reliable hedge against inflation, and with ongoing economic uncertainty, more investors are turning to the yellow metal as a key part of their portfolio.

City 24 K 22 K 18 K
Delhi ₹11,185 ₹10,254 ₹8,392
Mumbai ₹11,170 ₹10,239 ₹8,377
Chennai ₹11,203 ₹10,269 ₹8,509
Kolkata ₹11,170 ₹10,239 ₹8,377
Bengaluru ₹11,170 ₹10,239 ₹8,377
Hyderabad ₹11,170 ₹10,239 ₹8,377
Kerala ₹11,170 ₹10,239 ₹8,377

Silver prices

Silver is also witnessing strong interest. The current price of silver in India is ₹131.90 per gram, or ₹1,31,900 per kilogram. Like gold, silver prices are influenced by international markets and currency fluctuations. A weaker rupee against the US dollar can push silver prices higher, even if global prices remain steady.

Disclaimer: Rates are provided by Goodreturns (OneIndia Money) and are for informational purposes only.

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