Editor's Desk 
Gold, Silver Prices Today, September 7: Check 24K, 22K and 999 Silver Rates in Major Cities
Gold prices moved lower in India’s retail market on Monday, while MCX gold also traded in the red. Check the latest city-wise rates and market updates.
Gold prices edged lower in India’s retail market on Monday, September 7, while silver prices remained at elevated levels. Investors are also watching international bullion markets and the latest developments that could influence interest-rate expectations.
The benchmark retail rate listed in the supplied data puts 24K gold at ₹1,52,256 per 10 grams, while 999 fine silver is quoted at ₹2,36,638 per kg.
In the futures market, MCX gold was trading 0.28% lower at ₹1,52,910 per 10 grams, while MCX silver futures were down around 0.14% at ₹2,36,840 per kg at around 9:13 am.
Also Read | Sonia Gandhi’s Memoir ‘Belonging’ Gets New Publisher, HarperCollins India to Release Book
Gold Prices Today: What Is Driving the Market?
International gold prices moved lower on Monday after stronger US jobs data reinforced expectations that interest rates could remain higher for longer.
Market participants are also awaiting key US inflation data due later in the week, which could provide further clues about the Federal Reserve’s monetary-policy direction.
Spot gold was down 0.5% at $4,405.47 per ounce as of 0211 GMT, following a 1% decline on Friday. US gold futures for December delivery were also down 0.5% at $4,452.20.
Geopolitical uncertainty, including developments surrounding the US-Iran conflict, remains another factor being watched by bullion-market participants.
Gold and Silver Rates Today: Major Cities
Retail prices vary between cities and can differ from benchmark market prices because of local taxes, making charges and other costs.
| City | 24K Gold / 10g | 22K Gold / 10g | 999 Silver / kg |
|---|---|---|---|
| Delhi | ₹1,52,370 | ₹1,39,673 | ₹2,36,000 |
| Mumbai | ₹1,52,640 | ₹1,39,920 | ₹2,36,410 |
| Bengaluru | ₹1,52,760 | ₹1,40,030 | ₹2,36,590 |
| Kolkata | ₹1,52,420 | ₹1,39,718 | ₹2,35,830 |
| Hyderabad | ₹1,52,860 | ₹1,40,122 | ₹2,36,520 |
| Chennai | ₹1,53,060 | ₹1,40,305 | ₹2,36,830 |
Rates are based on the retail figures provided and may vary by jeweller and location.
Delhi Gold Price Today
In New Delhi, the retail price of 24K gold is ₹1,52,370 per 10 grams, while 22K gold is priced at ₹1,39,673 per 10 grams.
The quoted rate for 999 fine silver is ₹2,36,000 per kg.
Mumbai Gold and Silver Rates
In Mumbai, 24K gold is priced at ₹1,52,640 per 10 grams, while 22K gold is available at ₹1,39,920 per 10 grams.
The retail rate for 999 fine silver stands at ₹2,36,410 per kg.
Bengaluru Gold Price Today
Bengaluru’s retail market quotes 24K gold at ₹1,52,760 per 10 grams and 22K gold at ₹1,40,030 per 10 grams.
The city’s 999 silver rate is ₹2,36,590 per kg.
Kolkata Gold and Silver Rates
In Kolkata, 24K gold is priced at ₹1,52,420 per 10 grams, while 22K gold stands at ₹1,39,718 per 10 grams.
The quoted 999 fine silver rate is ₹2,35,830 per kg.
Hyderabad Gold Price Today
Hyderabad’s retail rates show 24K gold at ₹1,52,860 per 10 grams and 22K gold at ₹1,40,122 per 10 grams.
The 999 silver rate is ₹2,36,520 per kg.
Chennai Gold and Silver Rates
Chennai has the highest 24K gold rate among the cities listed, at ₹1,53,060 per 10 grams.
The city’s 22K gold rate is ₹1,40,305 per 10 grams, while 999 fine silver is quoted at ₹2,36,830 per kg.
24K vs 22K Gold: What’s the Difference?
24K gold has the highest purity and is generally used for investment products such as bars and coins.
22K gold contains other metals that make it more durable, which is why it is commonly used for jewellery.
For buyers, the actual price paid at a jewellery store can be higher than the quoted bullion rate because of factors such as making charges, taxes and other applicable costs.
Also Read | Sonia Gandhi’s Memoir ‘Belonging’ Gets New Publisher, HarperCollins India to Release Book
What Should Gold and Silver Investors Watch?
The immediate focus in international markets remains on upcoming US inflation data and expectations around the Federal Reserve’s interest-rate path.
Changes in interest rates, the US dollar, geopolitical developments and global demand can all influence precious-metal prices.
Domestic prices can also move independently of international bullion prices because of currency movements and local market factors.
Investors and jewellery buyers should therefore check the latest rate with their jeweller or exchange before making a transaction.
Gold and Silver Prices Today: Key Takeaways
- 24K gold: ₹1,52,256 per 10 grams in the supplied benchmark data
- 999 silver: ₹2,36,638 per kg in the supplied benchmark data
- MCX gold: ₹1,52,910 per 10 grams, down 0.28%
- MCX silver: ₹2,36,840 per kg, down around 0.14%
- Highest 24K city rate listed: Chennai at ₹1,53,060 per 10 grams
- Highest 999 silver city rate listed: Chennai at ₹2,36,830 per kg
FAQ
What is the gold price today, September 7?
The supplied benchmark retail data puts 24K gold at ₹1,52,256 per 10 grams. City-level retail rates vary.
What is the 22K gold rate in Delhi today?
The 22K gold rate in Delhi is ₹1,39,673 per 10 grams based on the supplied figures.
What is the silver price today?
The supplied benchmark rate for 999 fine silver is ₹2,36,638 per kg.
Which city has the highest 24K gold rate among those listed?
Among the cities in the supplied data, Chennai has the highest 24K gold rate at ₹1,53,060 per 10 grams.
What is the MCX gold price today?
MCX gold was trading at around ₹1,52,910 per 10 grams, down 0.28% at the time cited in the supplied information.
Why are gold prices falling today?
Gold moved lower amid stronger US jobs data and expectations around interest rates. Markets are also awaiting US inflation data for additional clues on monetary policy.
Also Read | Sonia Gandhi’s Memoir ‘Belonging’ Gets New Publisher, HarperCollins India to Release Book
The post Gold, Silver Prices Today, September 7: Check 24K, 22K and 999 Silver Rates in Major Cities first appeared on informalnewz.
News reported through various sources and compiled with AI. This is automatically generated news content from known, popular, and reliable sources available at the time of publication.
We do not take any responsibility for, nor make any representations regarding, the accuracy, completeness, credibility, or
reliability of the content.
In case of any discrepancy, error, or copyright claim, we will promptly review and remove the content in question where appropriate.
We do not claim ownership of third-party content and assume no responsibility or liability whatsoever for any information contained herein. The credit, links and images are kept intact as an honest gesture, are property of its respective owners.
