Gold Price Today: Gold falls for the third consecutive day; here are the current rates in 10 cities, from Delhi to Patna..
Gold Rate Today in India: A strengthening dollar and ongoing tensions in West Asia have dampened gold prices for the third consecutive day. After a day of stability, prices have fallen again today. Over these three days, the price of 10 grams of 24-carat gold has dropped by ₹2,510, while 22-carat gold has become cheaper by ₹2,310. Specifically, today saw a decline of ₹10 for both 10 grams of 24-carat gold and 22-carat gold. As for silver, prices have dropped today following a day of stability, driven by sluggish industrial demand; the price of one kilogram of silver has decreased by ₹100.
City-wise Gold Prices
Let’s find out the price of 10 grams of gold (18-carat, 22-carat, and 24-carat purity) across 10 major cities in the country...
City 24-Carat Gold Price (10g) 22-Carat Gold Price (10g) 18-Carat Gold Price (10g)
Delhi ₹1,53,320 ₹1,40,540 ₹1,14,990
Mumbai ₹1,53,320 ₹1,40,540 ₹1,14,990
Chennai ₹1,54,740 ₹1,41,840 ₹1,19,540
Bengaluru ₹1,53,320 ₹1,40,540 ₹1,14,990
Hyderabad ₹1,53,320 ₹1,40,540 ₹1,14,990
Lucknow ₹1,53,320 ₹1,40,540 ₹1,14,990
Jaipur ₹1,53,320 ₹1,40,540 ₹1,14,990
Ahmedabad ₹1,53,320 ₹1,40,540 ₹1,14,990
Silver slips after a day of stability.
As for silver, its shine has dimmed today following a day of stability. Prior to this, the price of one kilogram of silver had dropped by ₹5,000 on September 21, while there had been no change in the rate on September 20; however, following six days of stability, the price had surged by ₹10,000 over the two days of September 18 and 19. As for today, the price of one kilogram of silver in Delhi has decreased by ₹100, bringing it to ₹2,49,900. In other major metropolitan cities like Mumbai and Kolkata, it is trading at the same rate. However, in Chennai, the price stands at ₹2,59,900, making it the most expensive among the four major metros.
**What the experts say**
Saumil Gandhi, Senior Commodities Analyst at HDFC Securities, states that statements from the Federal Reserve and the strengthening US dollar have dampened the shine of gold. The Dollar Index remains above 100—its highest level since late July. A stronger dollar makes purchasing gold in other currencies more expensive, which impacts its price. Meanwhile, Federal Reserve officials have indicated that interest rates could remain high for an extended period.