5 days ago
Gold Rebounds ₹700 in Delhi as Silver Holds Steady
Gold became more expensive in Delhi on Wednesday.
Its price rose by ₹700 to ₹1,49,300 for 10 grams.
This happened after gold had fallen to its lowest level in two months.
Some investors bought gold because it was cheaper than before.
Silver did not change in price and stayed at ₹2.32 lakh per kilogram.
Gold prices also rose slightly in international markets.
A stronger or changing US dollar made it harder for gold to rise more.
Analysts said China’s upcoming holiday could increase jewellery buying and support gold demand.
Gold of 99.9% purity rose ₹700 to ₹1,49,300 per 10 grams in Delhi.
The increase followed gold’s decline to a two-month low and ended a two-session losing streak.
Silver remained unchanged for a second straight session at ₹2.32 lakh per kilogram.
Spot gold traded modestly higher at USD 4,190 an ounce, while global silver fell 1.28% to USD 60.68.
Value buying and a firm global trend supported gold, but US dollar movements limited its gains.
- Who
- Gold and silver traders and investors; analysts Gaurav Garg and Vedika Narvekar commented on the market.
- What
- Gold prices rose ₹700 to ₹1,49,300 per 10 grams in Delhi, while silver stayed at ₹2.32 lakh per kilogram.
- Where
- New Delhi, with international prices reported in global markets.
- When
- Wednesday, September 30, 2026.
- Why
- Investors engaged in value buying after gold’s recent losses, while a firm global trend supported prices; US dollar movements limited the increase.
Key facts
- Gold price
- ₹1,49,300 per 10 grams, inclusive of taxes
- Gold price change
- Up ₹700 from Tuesday’s ₹1,48,600
- Silver price
- ₹2.32 lakh per kilogram, inclusive of taxes
- Gold purity
- 99.9%
- Spot gold
- Approximately USD 4,190 per ounce
- Global silver
- Down 1.28% to USD 60.68 per ounce
- Gold’s monthly trend
- On track to end September more than 5% lower, according to Vedika Narvekar
Quotes
Vedika Narvekar
Research Analyst for Commodities and Currencies at Anand Rathi Share and Stock Brokers Ltd.
“Gold was holding around USD 4,195 an ounce and remained on track to end September by more than 5 per cent lower, reflecting a tug-of-war between supportive factors and persistent headwinds.”
freepressjournal.in
theprint.in
“China's golden week starts from Thursday, which usually lifts jewellery demand and could add some support.”
freepressjournal.in
theprint.in
Sources
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