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Gold rate today: Yellow metal at record high, check latest prices in your city on September 9

Gold rate today: Yellow metal's futures with October expiry crossed the key Rs 1,09,500 per 10 grams mark on MCX earlier today.

September 09, 2025 / 14:35 IST
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Gold rate on September 9

Gold prices hit fresh record highs on September 9. Gold futures with October expiry crossed the key Rs 1,09,500 per 10 grams mark on the Multi Commodity Exchange (MCX) earlier today.

Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on September 9:

CityPrice of 24k gold Price of 22k gold
DelhiRs 1,10,440/10gRs 1,01,250/10g
MumbaiRs 1,10,290/10gRs 1,01,100/10g
ChennaiRs 1,10,730/10gRs 1,01,500/10g
KolkataRs 1,10,290/10gRs 1,01,100/10g
BengaluruRs 1,10,290/10gRs 1,01,100/10g
JaipurRs 1,10,440/10gRs 1,01,250/10g
LucknowRs 1,10,440/10gRs 1,01,250/10g
HyderabadRs 1,10,290/10gRs 1,01,100/10g
AhmedabadRs 1,10,340/10gRs 1,01,150/10g
(According to data on GoodReturns)

Gold futures with December expiry on MCX hit an all time high of Rs 1,10,400 per 10 grams today. Future contracts with February and April expiries also hit fresh lifetime highs today.

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The yellow metal has seen a significant rally in recent days, as US President Donald Trump's harsh tariffs triggered trade uncertainties and heightened concerns. Additionally, the US Federal Reserve is set to meet on September 16-17. Analysts now expect a 50-basis point rate cut at the September FOMC meeting, amid weakening job data.

According to Axis Mutual Fund, gold's rise is being driven by a combination of factors including a weaker US dollar, expectations of interest rate cuts, political pressure on the Federal Reserve, and heightened geopolitical uncertainties that reinforce its position as a safe haven metal. "Demand for gold remains well supported globally as central banks continue to diversify reserves, ETFs attract strong inflows, and investors increase purchases of bars and coins, though jewellery consumption has moderated in price-sensitive markets," it said.