Gold and silver prices in your city on September 1: Yellow metal prices rose during early trade on Monday, September 1, in the domestic futures market, buoyed by healthy spot market demand, the dollar’s weakness, expectations of a US Fed rate cut in September, and persisting uncertainties over US President Donald Trump’s tariff policies and their impact on global economic growth.
MCX Gold October 3 contracts gained 0.97% at ₹105,830 per 10 grams around 9:16 am. On the other hand, MCX Silver November 28 contracts were up 1.83% at ₹1,23,847 per kg at that time.
In terms of returns, gold prices have surged remarkably by 1,200%, rising from ₹7,638 in 2005 to over ₹1,00,000 in 2025 (up to June). Over 20 years, gold has delivered positive returns in 16 years. Year-to-date (YTD), prices have grown by 31%, with record highs reaffirming its position among 2025’s top-performing assets and as a dependable hedge during market volatility.
Meanwhile, silver has been resilient, maintaining prices 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%.
Gold, silver prices today – September 1
The 24-carat gold was priced at ₹1,05,130 per 10 gms, according to data on the Indian Bullion Association (IBA) at 9:17 am on September 1, while 22-carat gold was priced at ₹96,369 per 10 gms. Silver price today is at ₹1,23,800 (Silver 999 Fine), as per the IBA website.
Check here for gold and silver prices in your city today, September 1- 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 1
- Gold bullion rates in Mumbai- ₹105,070/10 gm.
- MCX Gold rate in Mumbai – ₹104,931/10 gm.
- Silver bullion rate in Mumbai- ₹1,23,720/kg.
- MCX Silver 999 rate in Mumbai – ₹1,24,190/kg.
Gold and Silver Prices in Delhi – September 1
- Gold bullion rates in New Delhi- ₹104,830/10 gm.
- MCX Gold rate in New Delhi – ₹104,874/10 gm.
- Silver bullion rate in New Delhi- ₹1,23,510/kg.
- MCX Silver 999 rate in New Delhi – ₹1,24,189/kg.
Gold and Silver Prices in Kolkata – September 1
- Gold bullion rates in Kolkata- ₹104,870/10 gm.
- MCX Gold rate in Kolkata – ₹104,874/10 gm.
- Silver bullion rate in Kolkata- ₹1,23,560/kg.
- MCX Silver 999 rate in Kolkata – ₹1,24,189/kg.
Gold and Silver Prices in Bengaluru – September 1
- Gold bullion rates in Bengaluru- ₹105,110/10 gm.
- MCX Gold rate in Bengaluru – ₹104,895/10 gm.
- Silver bullion rate in Bengaluru- ₹1,23,770/gm.
- MCX Silver 999 rate in Bengaluru – ₹1,24,141/kg.
Gold and Silver Prices in Hyderabad – September 1
- Gold bullion rates in Hyderabad- ₹105,200/10 gm.
- MCX Gold rate in Hyderabad – ₹104,859/10 gm.
- Silver bullion rate in Hyderabad- ₹1,23,870/kg.
- MCX Silver 999 rate in Hyderabad – ₹1,24,141/kg.
Gold and Silver Prices in Chennai- September 1
- Gold bullion rates in Chennai- ₹105,340/10 gm.
- MCX Gold rate in Chennai- ₹104,895/10 gm.
- Silver bullion rate in Chennai- ₹1,24,030/kg.
- MCX Silver 999 rate in Chennai – ₹1,24,141/kg.