Gold became cheaper, is it the right opportunity to buy? Know today on 17 September 2025, the latest price of your city

Gold price today: Gold prices declined on Wednesday 17 September 2025 after the US Central Bank US Federal Reserve on Wednesday 17 September 2025 after a day earlier touched a record high. Gold at MCX is selling 0.23 percent to Rs 1,09,900 per 10 grams during early trade, while silver is also available to 1.02 percent at Rs 1,27,503 per kg.

Fresh market price

In Delhi, 24 carat gold is being sold at the rate of Rs 1,11,860 per 10 grams and 22 carat gold at the rate of Rs 1,02,550 per 10 grams. The price of silver here is Rs 1,27,800 per kg. In Mumbai, Hyderabad, Chennai, Bangalore and Kolkata, 24 carat gold is trading at Rs 1,11,710 per 10 grams and 22 carat gold at Rs 1,02,400 per 10 grams. Silver is available in these cities at the rate of Rs 1,27,500 per kg.

In Ahmedabad and Patna, 24 carat gold is being sold at the rate of Rs 1,11,760 per 10 grams and 22 carat gold at the rate of Rs 1,02,450 per 10 grams. At the same time, silver in these cities is Rs 1,27,600 per kg.

How is the rate fixed?

Gold and silver prices are fixed on daily basis and many factors are responsible behind it. Since gold and silver prices in the international market are fixed in US dollars, the change in dollar-rupaya exchange rates directly affects the price of these metals. If the price of the dollar increases or the rupee is weak, then the prices of gold in India increase.

Most of the gold is imported in India. In such a situation, the import duty, GST and other local tax affect gold prices. In the global market, there is a direct impact of gold in the global market (such as war, economic recession or interest rates) on the price of gold. When uncertainty in the global market increases, investors choose safe options such as gold instead of shares or other unstable assets.

In India, gold is not only related to investment, but also with tradition and cultural beliefs. Buying gold on marriage, festivals and auspicious occasions is considered auspicious. Therefore, demand is high, which affects prices. Sona has been a better return option than inflation for a long time. When inflation increases or there is a risk in the stock market, people like to invest in gold. This is the reason that its demand and price always remains.

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