Archive · 24 Sep 2025
Gold, Silver Prices Dip Amid Profit-Taking
Gold and silver prices went down recently because some people decided to sell their gold and silver to make a profit.
This selling caused prices to drop slightly.
The price of gold has gone up a lot over the last five years, increasing around 130%.
Things like world events and economic problems can affect gold prices.
It has been going up by around 50% this year.
These fluctuations in prices might make people wonder if now is a good time to buy more.
Gold and silver prices fell during Wednesday's trading session.
MCX Gold October futures decreased by 0.33%.
MCX Silver December futures declined by 0.24%.
Spot gold prices have increased by 50% this year.
Gold has risen approximately 130% in the last five years.
- Who
- Gold and silver investors
- What
- Gold and silver prices decreased due to profit booking.
- When
- During Wednesday's trading session
- Where
- MCX (India)
- Why
- Due to profit booking amid a rising US dollar.
- MCX Gold October Futures
- ₹1,13,462 per 10 grams (0.33% lower)
- MCX Silver December Futures
- ₹1,34,740 per kg (0.24% down)
- Spot Gold Price YTD Increase
- 50%
- Spot Gold Price 1-Year Increase
- 54%
- Gold Price on September 23, 2020
- ₹50,250 per 10 grams
- Gold Price on September 23, 2025
- ₹1,14,000 (approx.)
Sources
Gold rates in Visakhapatnam today, check the rates on 23 September, 2025
Gold rates in Delhi today, check the rates on 23 September, 2025
Gold rates in Vijayawada today, check the rates on 23 September, 2025
Gold rates in Hyderabad today, check the rates on 23 September, 2025