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    Gold, Silver Prices Today, September 11: Yellow Metal Falls On MCX | Check Rates In Your City | Savings and Investments News

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    In Mumbai, the price of 24-carat gold stands at Rs 1,10,519 per 10 grams, while 22k gold is available at Rs 1,01,310 per 10 grams.

    Gold & silver prices today, September 11.

    Gold & silver prices today, September 11.

    Gold & Silver Prices Today, September 11: Gold witnessed a fall on Thursday. In Mumbai, the price of 24-carat gold stood at Rs 1,10,519 per 10 grams, while 22k gold was available at Rs 1,01,310 per 10 grams. Silver was available at Rs 1,29,900 per kg.

    On the MCX, the price of gold fell 0.25% to trade at Rs 1,08,718 per 10 grams, while silver was down 0.08% to Rs 1,25,080 per kg in the futures market in the early trade.

    Rahul Kalantri, vice-president (commodities) of Mehta Equities, said, “Bullion traded with a steady bias and ended mixed, as cooling U.S. inflation data offered support but failed to trigger strong momentum. The US PPI unexpectedly contracted by 0.1% in August.”

    Cool-off in the US PPI data supported gold and silver prices but market is broadly waiting for the CPI data and will be further directional for both precious metals. Geo-political tensions, central banks buying and Fed rate cut hopes are supporting prices of gold and silver, he added.

    What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On September 11?

    City 22K Gold (per 10gm) 24K Gold (per 10gm)
    Delhi Rs 1,01,460 Rs 1,10,670
    Jaipur Rs 1,01,460 Rs 1,10,670
    Ahmedabad Rs 1,01,360 Rs 1,10,570
    Patna Rs 1,01,360 Rs 1,10,570
    Mumbai Rs 1,01,310 Rs 1,10,519
    Hyderabad Rs 1,01,310 Rs 1,10,519
    Chennai Rs 1,01,310 Rs 1,10,519
    Bengaluru Rs 1,01,310 Rs 1,10,519
    Kolkata Rs 1,01,310 Rs 1,10,519

    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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