On September 4, 2025, gold prices dipped from their record peak, falling by 300 rupees to reach 1,06,860 rupees for 24-carat gold. 22-carat gold remained at 97,950 rupees. Meanwhile, silver stayed stable at 1,27,000 rupees per kilogram. The dollar-rupee exchange rate, global uncertainties, and expectations of US interest rate changes are influencing prices.
Gold Price Today: On Thursday, September 4, 2025, gold prices in the Indian market saw a slight decline. While gold had surpassed its all-time high of 1,07,000 rupees yesterday, today 24-carat gold is trading at 1,06,860 rupees and 22-carat gold at 97,950 rupees. This price drop is around 300 rupees. On the other hand, silver remained stable at 1,27,000 rupees per kilogram. Experts state that expectations of a cut in US interest rates, the weakening rupee, and geopolitical tensions are keeping gold prices elevated.
Gold Dips from Record High
On Wednesday evening, gold had reached a level of 1,07,000 rupees per 10 grams, its highest ever. However, today's trading saw a softening, and it came down to 1,06,860 rupees per 10 grams. The price of 22-carat gold is hovering around 97,950 rupees per 10 grams.
Silver Price Stable
In contrast to gold, there was no significant change in silver prices. Silver is trading at 1,27,000 rupees per kilogram today. It has remained at yesterday's price, and no upward or downward trend has been observed in the market for it.
Why Gold Prices Rose
Several global and domestic factors contributed to the sudden surge in gold prices to record levels. The primary reason is the expectation of a cut in US interest rates. When investors anticipate that interest rates might decrease, they tend to shift from riskier assets with higher returns towards safer investments like gold. This is why gold demand increased in the recent past, leading to skyrocketing prices.
The second major reason for the rally in gold prices is geopolitical tension. The Russia-Ukraine war, ongoing uncertainties in West Asia, and developments concerning US policies have drawn investors towards gold. The weakening of the rupee in India and rising prices in international markets have further escalated the cost of gold in the domestic market.
Gold May Become More Expensive Before Diwali
Experts believe that gold might become more expensive in the coming days. Demand for gold in India traditionally increases every year during the festive season and major festivals like Diwali. Therefore, along with global factors, domestic demand could also drive its prices upward.
Gold Prices on September 4, 2025
The price of gold in different cities across the country today was as follows:
- Delhi 22 Carat: ₹98,100 24 Carat: ₹1,07,010
- Chennai 22 Carat: ₹97,950 24 Carat: ₹1,06,860
- Mumbai 22 Carat: ₹97,950 24 Carat: ₹1,06,860
- Kolkata 22 Carat: ₹97,950 24 Carat: ₹1,06,860
- Jaipur 22 Carat: ₹98,100 24 Carat: ₹1,07,010
- Noida 22 Carat: ₹98,100 24 Carat: ₹1,07,010
- Ghaziabad 22 Carat: ₹98,100 24 Carat: ₹1,07,010
- Lucknow 22 Carat: ₹98,100 24 Carat: ₹1,07,010
- Bengaluru 22 Carat: ₹97,950 24 Carat: ₹1,06,860
- Patna 22 Carat: ₹97,950 24 Carat: ₹1,06,860
How Gold Prices are Determined in India
The price of gold in India depends on several factors. International market prices play the most significant role. Additionally, import duties, taxes, and the dollar-rupee exchange rate also influence gold prices. This is why daily fluctuations are observed in gold prices.
