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    Gold, Silver Prices Fall On MCX: Check Bullion Rates In Your City Today, September 8 | Savings and Investments News

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    In Mumbai, the price of 24-carat gold stands at Rs 1,08,380 per 10 grams, while 22k gold is available at Rs 99,350 per 10 grams.

    Gold Prices Today, September 8.

    Gold Prices Today, September 8.

    Gold & Silver Prices Today, September 8: Gold witnessed a fall on Monday. In Mumbai, the price of 24-carat gold stood at Rs 1,08,380 per 10 grams, while 22k gold was available at Rs 99,350 per 10 grams. Silver was available at Rs 1,27,900 per kg.

    On the MCX, the price of gold fell 0.48% to trade at Rs 1,07,209 per 10 grams, while silver declined by 0.74% to Rs 1,23,775 per kg in the futures market in the early trade.

    Darshan Desai, CEO of Aspect Bullion & Refinery, said, “Ongoing policy uncertainties, developments related to tariffs, and questions surrounding the Fed’s future independence are likely to continue supporting gold. In addition, steady central bank purchases remain a key driver. Looking ahead, the upcoming inflation data later this week is expected to be the most significant near-term catalyst for bullion prices.”

    What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On September 8?

    City 22K Gold (per 10gm) 24K Gold (per 10gm)
    Delhi Rs 99,500 Rs 1,08,530
    Jaipur Rs 99,500 Rs 1,08,530
    Ahmedabad Rs 97,990 Rs 1,08,410
    Patna Rs 97,990 Rs 1,08,410
    Mumbai Rs 99,350 Rs 1,08,380
    Hyderabad Rs 99,350 Rs 1,08,380
    Chennai Rs 99,350 Rs 1,08,380
    Bengaluru Rs 99,350 Rs 1,08,380
    Kolkata Rs 99,350 Rs 1,08,380

    What Factors Affect Gold Prices In India?

    International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

    In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

    With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

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    Mohammad Haris

    Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

    Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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