Gold price today: For the last few days, the price of gold has been seeing a steady rise and this all-time has reached high levels. However, according to the Indian Bullion Association (IBA), on 11 September 2025, 24 carat gold is trading in the country at the rate of Rs 1,09,420 per 10 grams. A day earlier on Wednesday, its price was Rs 1,09,440, that is, there has been a slight drop of about 20 rupees.
Recently, gold had crossed a level of Rs 1,08,000 and then increased to Rs 1,09,400. Due to geopolitical stress, investors have considered gold as a safe option. At the same time, the hope of cutting interest rates by the US Fed Reserve has also supported yellow metal prices.
According to the Indian Bullion Association, today silver is being sold at the rate of Rs 1,25,000 per kg, compared to a day before it was Rs 1,24,250 per kg. While 24 carat gold purchases are done for the purpose of investment, 22 carats and 18 carat gold are taken for jewelery.
Fresh gold price in your city (24 carat per 10 grams):
Delhi: Rs 1,09,040
Mumbai: Rs 1,09,230
Bengaluru: Rs 1,09,310
Chennai: Rs 1,09,540
Kolkata: Rs 1,09,080
How is the rate fixed?
Gold and silver prices vary daily and many economic, social and global factors are responsible behind it. The biggest impact of these is the fluctuations in the exchange rate and the price of dollar. In the international market, gold and silver prices are fixed in US dollars, so if the dollar is strong or weakens the rupee, gold becomes expensive in India. On the contrary, gold can be cheaper when the dollar is weak.
Another important reason to impact prices is customs and tax. Since India imports gold most of its needs, import duty, GST and local tax directly affect gold rates.
The status of the global market also plays a big role in changing the prices of gold. If there are events like war, geopolitical tension, economic recession or change in interest rates in the world, then investors choose gold as a safe option. In such a situation, the demand for gold increases and its prices go up.
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