English
English
English
Gold and silver prices fell in India on September 17, 2025, following global cues and expectations of a US Federal Reserve interest rate cut, despite reaching record highs earlier.
Gold and silver prices fall due to the impact of Federal Reserve policies.
New Delhi: On September 17, 2025, gold and silver prices in India fell. This decline comes amid market expectations of an interest rate cut by the US Federal Reserve. A day earlier, gold prices had reached record highs but are now showing some moderation.
On Wednesday, the price of gold on the MCX (Multi Commodity Exchange) fell by 0.23% to ₹109,900 per 10 grams, while silver prices fell by 1.02% to ₹127,503 per kilogram.
Gold prices expected to rise in coming months; Expert advice for investors
Delhi:
24-carat gold: ₹111,860 / 10 grams
22-carat gold: ₹102,550 / 10 grams
Silver: ₹127,800 / kilogram
Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad:
24-carat gold: ₹111,710 / 10 grams
22-carat gold: ₹102,400 / 10 grams
Silver: ₹127,500 / kilogram
Ahmedabad and Patna:
24-carat gold: ₹111,760 / 10 grams
22-carat gold: ₹102,450 / 10 grams
Silver: ₹127,600 / kilogram
Gold and Silver became cheaper on Wednesday
Gold and silver prices depend on several international and domestic factors
Dollar-Rupee Exchange Rate
Since gold prices in the international market are fixed in dollars, if the dollar appreciates or the rupee weakens, gold prices in India rise.
Import Duties and Taxes
Most of the gold in India is imported. Therefore, import duty, GST, and local taxes influence prices.
Global Events
Global crises such as war, economic recession, or changes in interest rates can increase demand for gold as investors consider it a safe investment.
Demand and Tradition in India
In India, gold is not only associated with investment purposes but also with weddings, festivals, and religious occasions. This cultural demand keeps prices constantly active.
Inflation and Market Risk
When inflation rises or the stock market is volatile, investors consider gold a safe haven.
Gold Prices soar to record highs amid global economic uncertainty and weak dollar
The recent decline in gold prices is linked to international market expectations and potential Federal Reserve policies. However, the traditional demand for gold in India and market volatility continue to make it a strong investment option.
It will be important to see how the global financial situation evolves in the coming days and how it impacts gold and silver prices.
