Archive · 8 Sep 2026
Gold and Silver Prices Rise After Previous Day's Decline
Gold and silver became more expensive in India on 8 September after becoming cheaper the day before.
The price of 24-karat gold rose by 0.52% in the reported retail market.
Different cities had slightly different prices for gold and silver.
New Delhi’s 24-karat gold price was ₹153,660 per 10 grams.
Mumbai’s was ₹153,930 per 10 grams.
Gold and silver prices also increased on the MCX exchange.
International gold rose partly because the US dollar became weaker.
Renewed fighting involving the United States and Iran also raised concerns about energy supplies and helped support precious-metal prices.
Indian retail gold and silver prices rose on 8 September after declining on 7 September.
The reported 24-karat gold rate rose 0.52%, or ₹790, to about ₹154,080 per 10 grams on 8 September.
On 8 September, 24-karat gold cost ₹153,660 per 10 grams in New Delhi and ₹153,930 in Mumbai.
MCX gold rose 0.47% to ₹153,538 per 10 grams, while MCX silver gained 0.71% to ₹240,700 per kilogram.
International gold, silver, platinum and palladium prices increased as the US dollar weakened and West Asian tensions continued.
- Who
- Indian retail bullion markets, MCX traders, international investors, and markets affected by United States-Iran tensions.
- What
- Gold and silver prices rose in Indian retail markets, on MCX, and internationally on 8 September after declining on 7 September.
- When
- 8 September, with MCX and retail prices reported at about 9:10 am; the comparison day was 7 September.
- Where
- Major Indian cities, including New Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai; MCX and international markets.
- Why
- The reports cited renewed military attacks in West Asia, concerns about disruptions to energy flows through the Strait of Hormuz, a weaker US dollar and positive global cues.
- 8 September retail gold
- The reported 24-karat rate rose 0.52%, or ₹790, to about ₹154,080 per 10 grams.
- New Delhi rates
- 24K gold: ₹153,660/10 gm; 22K gold: ₹140,855/10 gm; 999 silver: ₹239,630/kg.
- Mumbai rates
- 24K gold: ₹153,930/10 gm; 22K gold: ₹141,103/10 gm; 999 silver: ₹240,050/kg.
- Kolkata rates
- 24K gold: ₹153,720/10 gm; 22K gold: ₹140,910/10 gm; 999 silver: ₹239,730/kg.
- MCX prices
- MCX gold rose 0.47% to ₹153,538/10 gm; MCX silver rose 0.71% to ₹240,700/kg.
- International prices
- Spot gold rose 0.7% to about $4,435/oz; spot silver rose 1% to $66.78/oz.
- Previous-day comparison
- On 7 September, MCX gold fell 0.28% to ₹152,910/10 gm and MCX silver fell 0.14% to ₹236,840/kg.