Precious metals have experienced a downward price correction across both international and domestic exchanges, offering a slight reprieve to retail buyers and investors tracking bullion trends. As trading commenced on Thursday, September 10, 2026, profit-booking and sluggish global market cues dragged down the valuations of both gold and silver.
On the Multi-Commodity Exchange (MCX), spot gold prices dipped moderately by ₹113, while industrial white metal silver faced sharper selling pressure, shedding over ₹1,150 per kilogram amid fluctuating international commodity trends on Comex.
International Comex Market Trends and Global Bullion Slump
Global commodity desks registered a cooling-off period for precious metals as international Comex valuations drifted lower. During early trading hours, international gold contracts slipped by 0.07 percent to hover around $4,457.80 per ounce.
Concurrently, silver contracts on the global exchange faced a more pronounced decline of 0.80 percent, settling near $68.095 per ounce. Market analysts attribute this temporary global correction to shifting currency dynamics and broader macroeconomic adjustments, prompting international investors to recalibrate their safe-haven asset portfolios.
Domestic MCX Rates and Current Bullion Market Purity-Wise Breakdown
Reflecting the international sentiment, domestic bullion markets witnessed noticeable downward movement.
On the MCX, gold for active contracts traded lower at ₹1,53,690 per 10 grams, while silver experienced a substantial drop of ₹1,150, sliding down to ₹2,43,108 per kilogram. Across retail bullion markets in India, varying purities reflected the updated market pricing: benchmark 24-karat gold is retailing around ₹1,54,240 per 10 grams, 22-karat gold stands at approximately ₹1,41,387 per 10 grams, and 18-karat gold is changing hands near ₹1,15,680 per 10 grams, with retail silver hovering around ₹2,42,820 per kilogram.
