Gold and silver rates today, September 26

The 24-carat gold rate in India was Rs 75,510 per 10 grams on September 26. The rate for 24-carat gold per gram is Rs 7,551. The rate of 22-carat gold was Rs 69,218 per 10 grams.

“When growth slows down, and the US Fed cuts interest rates, investors globally want to move to safer havens like Gold. We believe this trend may not change. However, another factor driving gold prices up is the buying by central banks across the globe. While it’s important to focus on US Fed rate cuts, it may not be the only factor driving gold prices,” said Himani Shah, Co-Fund manager, Alchemy Capital Management.

Gold and Treasuries are both seen as safe investments, which means their prices tend to move together. When bond yields are high, investors might sell gold to buy bonds since gold doesn’t generate any yield. Conversely, when bond yields are low, investors may buy gold instead of bonds. 

The rate of 24-carat gold has risen by 2.5% in the last week, and the yellow metal has risen by 2.4% in the last ten days. The silver currently quotes at Rs 91,880 per kilogram. 

Gold rate in Mumbai on September 26

The 24-carat Gold was quoted for a price of Rs 75,510/10 grams in Mumbai on September 26, an increase of Rs 230 from yesterday. On September 25, the price of gold was Rs 75,280/10 grams. Seven days back, on September 19, gold was trading for Rs 73,650/10 grams.

Silver rate in Mumbai on September 26

The shining metal silver was selling for a rate of Rs 91,880/Kg on September 26 in Mumbai. A day ago, the metal was priced at Rs 92,390/Kg and a week ago the price was Rs 92,390/Kg.

Gold rate in Delhi on September 26

On September 26, the gold was quoting for a price of Rs 75,380/10 grams, an uptick of Rs 230 from yesterday’s selling price. The gold was selling for Rs 75,150/10 grams on September 25. While the price of the 999 gold was Rs 73,520/10 grams a week ago. 

Silver rate in Delhi on September 26

In Delhi, the silver was priced at Rs 91,720/Kg on September 26. The price of silver was Rs 92,230/Kg on September 25. The price of silver was quoted at Rs 89,650/Kg last week.

Gold rate in Kolkata on September 26

As less than two weeks is left for the Durga Puja, Gold and silver rates to remain in focus in Kolkata. The 24-carat gold rate in Kolkata was trading for a price of Rs 75,410/10 grams, today, September 26. The glittering metal was selling for Rs 75,180/10 grams yesterday and was quoting for Rs 73,550/10 grams last week.

Silver rate in Kolkata on September 26

The silver rate in Kolkata today was Rs 91,760/Kg, a fall of Rs 510 against yesterday’s price. The price of silver was Rs 92,270/Kg on September 25. Last week, the price was trading at Rs 89,690/Kg.

Gold rate in Chennai on September 25

On September 26, the gold rate in Chennai was Rs 75,730/10 grams. There was an increase of Rs 230 compared to yesterday when it was quoted for Rs 75,500/10 grams. On September 19 or a week ago, the price of gold was Rs 73,870/10 grams in Chennai.

Silver rate in Chennai on September 26

The silver rate in Chennai today, September 26, is Rs 92,150/Kg a fall of Rs 510 from yesterday. On September 25, the price of silver was Rs 92,660/Kg. The silver in Chennai was available to the customers for a price of Rs 90,070/Kg a week ago.

MCX Futures on September 26 

The gold MCX futures contracts with the expiry of October 2024 were quoted for Rs 75265 per 10 gm, a decrease of Rs 48. While the futures contracts for silver with the December 2024 expiry on MCX futures were trading at Rs 92,041 per kg, a fall of Rs 352.