Gold and silver prices opened with a decline on Thursday. Gold is trading around ₹1,08,700 and silver around ₹1,25,000 on MCX. Gold and silver are also soft on Comex. Investors are keeping a close eye on the rates.
Gold-Silver Rate Today: On Thursday, September 11, gold and silver prices opened with a softening trend. After touching record highs for several days, both precious metals are now under pressure. At the time of this report, gold was trading at ₹1,08,700 per 10 grams and silver at approximately ₹1,25,000 per kg on MCX. Domestic investors are closely monitoring the fluctuations in the futures market.
Gold Becomes Cheaper
Gold trading began with a slow start on Thursday. On the Multi Commodity Exchange (MCX), the gold future contract for October delivery opened at ₹1,08,705, down by ₹281. The previous day it had closed at ₹1,08,986.
After the market opened, the contract moved further down and was trading at ₹1,08,695, a decline of ₹291. During the day, it touched an upper level of ₹1,08,748 and a lower level of ₹1,08,654. It is noteworthy that on Tuesday, gold had reached a level of ₹1,09,840 per 10 grams, which is its all-time high.
The strengthening of the dollar and rising international yields are being considered as reasons behind this decline. Investors' attention is now focused on the US economy and the Federal Reserve's next move.
Silver Also Under Pressure
Like gold, silver also weakened today. On MCX, the silver future contract for December delivery opened at ₹1,25,081 per kg, down by ₹99. The previous closing price was ₹1,25,180.
At the time of this report, the contract had slipped further and was trading at ₹1,25,030, a decline of ₹150. During this period, it touched an upper level of ₹1,25,121 and a lower level of ₹1,24,999. Silver had seen a high of ₹1,26,730 this month, but is now under pressure.
Gold-Silver Rate in International Market
Similar to the domestic market, precious metals also showed a soft trend in the international market. Gold opened at $3,680.60 per ounce on Comex, while the previous closing price was $3,682 per ounce. At the time of this report, gold was trading at $3,669.70 per ounce, down by $12.38. It had also touched an upper level of $3,715.
Silver on Comex had a slightly b opening at $41.63 per ounce. The previous closing price was $41.60. However, it later saw a slight decline and was trading at $41.55 per ounce.
Reasons for the Decline in Gold and Silver Prices
There are several reasons for the softening in gold and silver prices. There is a strengthening of the dollar index internationally. US bond yields are also remaining at high levels. Due to these reasons, investor interest in safe-haven assets like gold and silver has currently decreased.
In addition, news of potential trade talks between the US President and the Indian Prime Minister has brought positivity to the market. In such a scenario, investors are showing more interest in equities and riskier assets.
What Investors Should Do
The current decline in gold and silver prices could be a buying opportunity for investors. For investors planning to invest in gold or silver for the long term, these levels are considered attractive.
Today's Prices on MCX and Comex (September 11, 2025)
MCX Gold-Silver Price
Gold (October Contract) – Open: ₹1,08,705 | Last Close: ₹1,08,986 | LTP: ₹1,08,695
Silver (December Contract) – Open: ₹1,25,081 | Last Close: ₹1,25,180 | LTP: ₹1,25,030
Comex Gold-Silver Price
Gold – Open: $3,680.60 | Last Close: $3,682 | LTP: $3,669.70
Silver – Open: $41.63 | Last Close: $41.60 | LTP: $41.55
