Gold And Silver Rate Today: What's India Price Of Gold And Silver On 11 September

New Delhi, News Nation Bureau | Updated : 11 September 2019, 09:30 AM
Gold prices dropped to a near one-month low on Tuesday in world markets
Gold prices dropped to a near one-month low on Tuesday in world markets

Gold prices in India fell on Tuesday, extending their recent decline amid a weak global trend. Silver rates also declined. The decline in domestic gold and silver prices come amid a rebound in the rupee’s value against the US dollar and a slide in global prices of precious metals. On MCX, October gold futures prices were down 0.45% to Rs 38,300 per 10 gram, off over ₹1,500 from its recent highs of Rs 39,885. Silver prices on MCX also extended decline today, falling 0,7% to Rs 47,405 per kg. That is down about 8% from their recent highs of Rs 51,489. 

Here are the expected gold prices in India on Wednesday (courtsey: goodreturns):

22 Carat Gold Price Per Gram in India (INR)

1 gram: Rs 3,730

10 gram: Rs 37,300

100 gram: Rs 3,73,000

24 Carat Gold Rate Per Gram in India (INR)

1 gram: Rs 3,830

10 gram: Rs 38,300

100 gram: Rs 3,83,000

Silver Rate Per Gram in India (INR)

1 gram: Rs 53.20

10 gram: Rs 532

1 Kg: 53,200

In world markets, Gold prices dropped to a near one-month low on Tuesday to hold below the key $1,500 (Rs 1,07,787) pivot, hit by a stronger dollar and improved appetite for riskier assets supported by hopes of global economic stimulus. The US gold futures slipped 0.5 per cent to $1,503.20 (Rs 1,07,787) per ounce.

(With Reuters Inputs)

First Published: Wednesday, September 11, 2019 09:30 AM
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