Mumbai: Gold and silver prices in India saw a marginal decline on Tuesday, September 16, giving investors and buyers a reason to watch the precious metals market closely.

As of today, 24K gold is priced at ₹11,105 per gram, 22K at ₹10,179 and 18K at ₹8,328. Meanwhile, silver is priced at ₹132.90 per gram or ₹1,32,900 per kilogram.

Despite the dip, gold continues to serve as a reliable hedge against inflation, keeping it attractive to investors, especially during uncertain market conditions. Silver, too, has shown minor volatility, aligning with global cues and investor sentiment.

Today’s gold rates by city (Per gram)

City24 K22 K18 K

Chennai

₹11,137₹10,209₹8,454
Mumbai₹11,105₹10,179₹8,328
Delhi₹11,120₹10,194₹8,342
Kolkata₹11,105₹10,179₹8,328
Bangalore₹11,105₹10,179₹8,328
Hyderabad₹11,105₹10,179₹8,328
Thiruvananthapuram₹11,105₹10,179₹8,328
Pune₹11,105₹10,179₹8,328
Vadodara₹11,110₹10,184₹8,332
Ahmedabad₹11,110₹10,184₹8,332

 

Market trend

The dip is considered moderate and reflects ongoing fluctuations in the global precious metals market. Analysts recommend that consumers and investors keep a close eye on upcoming economic indicators and international trends, which may impact future pricing.

Note: Prices may vary slightly depending on the jeweller, city, and market timing.