On September 25, 2026, gold and silver prices across major Indian cities exhibited broad stability. While Multi Commodity Exchange (MCX) futures saw minor fluctuations, retail rates largely held firm, with slight variations attributed to localized factors and specific jeweller pricing.
Current Retail Prices on September 25
The general price for 24-carat gold stood at ₹1,51,690 per 10 grams, while 22-carat gold was priced at ₹1,38,793 per 10 grams. Silver, a key industrial and investment metal, was generally available at ₹2,33,410 per kilogram.
Specific city-wise rates for 24-carat and 22-carat gold (per 10 grams) and silver (per kilogram) are detailed below:
- Delhi: 24K Gold ₹1,51,150 | 22K Gold ₹1,38,554 | Silver ₹2,33,810
- Mumbai: 24K Gold ₹1,51,410 | 22K Gold ₹1,38,793 | Silver ₹2,33,810
- Bengaluru: 24K Gold ₹1,51,440 | 22K Gold ₹1,38,820 | Silver ₹2,33,810
- Kolkata: 24K Gold ₹1,51,120 | 22K Gold ₹1,38,527 | Silver ₹2,33,810
- Hyderabad: 24K Gold ₹1,51,560 | 22K Gold ₹1,38,930 | Silver ₹2,33,810
- Chennai: 24K Gold ₹1,51,760 | 22K Gold ₹1,39,113 | Silver ₹2,33,810
These retail figures reflect the final consumer price, which incorporates local taxes and operational costs, leading to minor differences between regions.
MCX Futures Update
On the Multi Commodity Exchange (MCX), gold futures experienced a marginal uptick, rising by 0.07% to trade at ₹1,51,580 per 10 grams. In contrast, silver futures saw a slight dip of 0.27%, settling at approximately ₹2,34,040 per kilogram during trading hours.
Factors Influencing Precious Metal Prices
Several key elements contribute to the pricing dynamics of gold and silver in India. These include the prevailing international gold price, the exchange rate of the US Dollar against the Indian Rupee, and domestic demand for jewellery, particularly as the festive season approaches. Brand-specific pricing policies and procurement costs also play a role in the marginal variations observed in retail markets.