Gold and silver prices in your city on September 3: The yellow metal prices surged in the domestic futures market on Wednesday, September 3, during the morning trading session amid a steady dollar and hopes of a US Fed rate cut this month.
MCX Gold October 3 contracts rose 0.25 per cent at ₹1,06,060 per 10 grams around 9:30 am, while MCX Silver September 5 contracts dropped 0.04 per cent at ₹1,24,479 per kg.
Gold, silver returns
In terms of returns, gold prices have massively risen by 1,200 per cent, up from ₹7,638 in 2005 to over ₹1,00,000 in 2025 (till June). In 20 years, the yellow metal has delivered solid returns in 16 years. Year-to-date (YTD), prices have climbed by 31 per cent, with record highs reaffirming its position among 2025’s top-performing assets and as a dependable hedge during market volatility.
Meanwhile, silver prices have been resilient, maintaining above ₹1 lakh per kilogram for some time now. Over the past twenty years (2005-2025), the metal has appreciated by a substantial 668.84 per cent.
Gold, silver prices today – September 3
The 24-carat gold was priced at ₹1,06,390 per 10 gms, according to data on the Indian Bullion Association (IBA) at 9:38 am on September 30, while 22-carat gold was priced at ₹97,524 per 10 gms. Silver prices today are at ₹1,24,190 (Silver 999 Fine), as per the IBA website.
Check gold and silver prices in your city today, September 3: Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Retail customers must note that jewellers may add making charges, taxes, and GST to the bill, which could hike the final price.
Gold and Silver Prices in Mumbai – September 3
- Gold bullion rates in Mumbai – ₹1,06,200/10 gm.
- MCX Gold rate in Mumbai – ₹1,06,045/10 gm.
- Silver bullion rate in Mumbai – ₹1,23,970/kg.
MCX Silver 999 rate in Mumbai – ₹1,24,415/kg.
Gold and Silver Prices in Delhi – September 3
- Gold bullion rates in New Delhi – ₹1,06,010/10 gm.
- MCX Gold rate in New Delhi – ₹1,06,045/10 gm.
- Silver bullion rate in New Delhi – ₹1,23,750/kg.
- MCX Silver 999 rate in New Delhi – ₹1,24,415/kg.
Gold and Silver Prices in Kolkata – September 3
- Gold bullion rates in Kolkata – ₹1,05,990/10 gm.
- MCX Gold rate in Kolkata – ₹1,06,045/10 gm.
- Silver bullion rate in Kolkata – ₹1,23,780/kg.
- MCX Silver 999 rate in Kolkata – ₹1,24,415/kg.
Gold and Silver Prices in Bengaluru – September 3
- Gold bullion rates in Bengaluru – ₹1,06,220/10 gm.
- MCX Gold rate in Bengaluru – ₹1,06,045/10 gm.
- Silver bullion rate in Bengaluru – ₹1,24,040/kg.
- MCX Silver 999 rate in Bengaluru – ₹1,24,415/kg.
Gold and Silver Prices in Hyderabad – September 3
- Gold bullion rates in Hyderabad – ₹1,06,300/10 gm.
- MCX Gold rate in Hyderabad – ₹1,06,045/10 gm.
- Silver bullion rate in Hyderabad – ₹1,24,140/kg.
- MCX Silver 999 rate in Hyderabad – ₹1,24,415/kg.
Gold and Silver Prices in Chennai – September 3
- Gold bullion rates in Chennai – ₹1,06,460/10 gm.
MCX Gold rate in Chennai – ₹1,06,045/10 gm.
Silver bullion rate in Chennai – ₹1,24,360/kg.
MCX Silver 999 rate in Chennai – ₹1,24,415/kg.