Gold rates in India crashed by Rs 12,500 in 100 grams of 24 carat and by Rs 1,250 in 10 grams of the same. Gold prices have been falling for two consecutive day now. The latest dip in yellow metal is seen as buying opportunities in the current festive season. Both gold and silver prices are indicating a high price volatility after US Donald Trump declared fresh tariffs on a host of products, heightening global trade uncertainties.
On September 26, gold prices jumped after falling for two consecutive days.
At present, 100 grams gold price climbed by Rs 4,400 to Rs 11,48,800 in 24 carat, and was up by Rs 4,000 in 22 carat to Rs 10,53,000. Further, 10 grams gold price climbed by Rs 440 to Rs 1,14,880 in 24 carat, and was up by Rs 400 to Rs 1,05,300 in 22 carat. The prices of 18 carat gold stood at Rs 8,61,600 in 100 grams and at Rs 86,160 in 10 grams, which was up by Rs 3,300 and Rs 330 from yesterday.
100 grams of 24 carat dropped by Rs 9,300 on September 25, after falling by Rs 3,200 on September 24. Together, 24 carat of 100 grams has nosedived by Rs 12,500 in these two days.
On the contrary, silver rates in India continued to hit new record highs and outperform gold. 1Kg silver price is at its new peak of Rs 1,43,000, up by Rs 3,000 on September 26. While 100 grams and 10 grams of silver rates are at Rs 14,300 and Rs 1,430 respectively.
Gold Rates In Major Cities
Gold Rates In Chennai:
Gold Rates In Bengaluru:
Gold Rates In Hyderabad:
Gold Rates In Mumbai:
Gold Rates In Delhi:
MCX Gold Price + MCX Silver Price:
At the time of writing, MCX gold price with December 2025 expiry traded at Rs 1,13,941 per 10 grams, up by Rs 70. The bullion with October 2025 expiry, traded at Rs 1,12,831 per 10 grams, higher by Rs 1,12,831 per 1Kg, up by Rs 202 on September 26.
Spot Gold Price + Spot Silver Price:
Spot Gold prices eased to around $3,740 per ounce on Friday, nudged lower by a rising US dollar after stronger-than-expected economic data tempered expectations for a Federal Reserve rate cut ahead of the key inflation report, as per Trading Economics. While Spot Silver slipped below $45 per ounce on Friday, easing from 14-year highs as dollar gained momentum.
Gold & Silver Prices Outlook:
According to Rahul Kalantri, VP Commodities, Mehta Equities, gold and silver show very high price volatility and gained again as the US dollar firmed following upbeat economic data, which reduced bets on an imminent Federal Reserve rate cut. Jobless claims declined and GDP growth was revised upward, highlighting economic strength.
This trimmed rate cut expectations to 85% ahead of the PCE price index release, the Fed's key inflation gauge, he said.
During the same time, the analyst pointed out that gold retained safe-haven demand after President Trump announced new tariffs effective October 1 on several imports, including branded drugs and heavy-duty trucks. Investors remain cautious, balancing resilient US growth against inflation risks and escalating trade tensions.
Looking ahead, Kalantri said, "Gold has support at $3715-3685 while resistance at $3775-3790. Silver has support at $44.40-44.00 while resistance is at $45.35-45.60. In INR gold has support at Rs1,12,000-1,11,580 while resistance at Rs1,13,250-1,13,700. Silver has support at Rs1,36,450-1,35,750 while resistance at Rs1,37,850, 1,38,600."
Buy Gold When It Falls?
"Global uncertainties and declining dollar dependence continue to fuel buying interest in Gold and Silver. For the near term, Gold is expected to trade in a range of Rs 1,12,000-Rs 1,14,000 / $3,700-3,780, with dips seen as fresh buying opportunities," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
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