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Gold Price Today In India: Yellow Metal Jumps Rs 1300, Silver Up Rs 3000 At Record High | Savings and Investments News


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Gold and silver prices today In India: Gold hit a record Rs 1,10,290 per 10 gram for 24-carat amid geopolitical uncertainty, Silver also touched record high. Check city-wise rates.

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Gold and silver prices jump on Tuesday.

Gold and silver prices jump on Tuesday.

Gold and silver prices today, September 09: Gold prices on Tuesday jumped over Rs 1300 across India to hit the record high of Rs 1,10,290 per 10 gram for 24-carat amid weak US job data and the rising geopolitical uncertainty.  Demands for bullions still remain intact due to macroeconomic level uncertainty, say experts.

In Mumbai, the prices of gold stood at Rs 1,10,290 per 10 gram for 24-carat and Rs 1,01,100 per 10 gram for 22-carat.

Silver zoomed Rs 3000 to trade at Rs 1,30,000 per kg.

Gold and silver prices extended their rally to new highs, with gold hitting an all-time record and silver climbing to a fresh 14-year peak in international markets. The surge came after weak U.S. employment data strengthened expectations of aggressive Federal Reserve rate cuts, argued Rahul Kalantri, VP Commodities, Mehta Equities.

Non-farm payrolls rose by just 22,000 against estimates of 75,000, while the unemployment rate spiked to 4.3% in August, Kalantri added, saying this labour market softness has reinforced bets of a 75-basis-point rate cut by the Fed this year. “Adding further support, the dollar index slipped to a six-week low and U.S. 10-year Treasury yields declined,” he added.

On MCX, gold futures expiring on October 03, 2025 hit the record high at Rs 1,09,138 per 10 gram with a gain of 0.57 per cent around 10:00 am on Tuesday. Similarly, silver futures too rose 0.34 per cent to trade at Rs 1,26,000 per kg.

Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures said analyst ratings are still recommending a “buy-on-dips” strategy, especially at any resistance level close to ₹1,09,000. However, she added, a cautious approach is needed as gold has seen more than a $300 rally one-sided. “Further, the Fed cut day would be an important event to see which side gold moves post rate cut.”

At the international market, gold price was trading at $3,655.83 per ounce with a gain of 0.54 per cent after weak US employment data, increasing hope for aggressive rate cuts.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On September 09?

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 1,01,250 Rs 1,10,440
Jaipur Rs 1,01,250 Rs 1,10,440
Ahmedabad Rs 1,01,150 Rs 1,10,340
Patna Rs 1,01,150 Rs 1,10,340
Mumbai Rs 1,01,100 Rs 1,10,290
Hyderabad Rs 1,01,100 Rs 1,10,290
Chennai Rs 1,01,100 Rs 1,10,290
Bengaluru Rs 1,01,100 Rs 1,10,290
Kolkata Rs 1,01,100 Rs 1,10,290

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Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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