24k gold rate: Gold and silver prices in India have created history

24k gold rate: Gold and silver prices in India have created history.

24k gold rate : Gold prices in India have created history. On September 30, the price of 24 carat 10 grams crossed ₹1,16,000 for the first time, while the price of 100 grams was recorded at over ₹11,60,000. This indicates that the gold rally is continuing for the fourth consecutive day. (24k gold rate) The main reason for this increase is the demand for the festive season. At the same time, silver prices have also reached a new record high. The price of one kg of silver has crossed ₹1,50,000. The increase in silver prices in September has exceeded gold by 19%, while gold has increased by 10% .

Gold prices (September 30):

  • 24 carat: 10 grams – ₹1,16,400
  • 22 carat: 10 grams – ₹1,06,700
  • 18 carat: 10 grams – ₹87,300
  • 100 grams (24 carat) – ₹11,64,000

Silver prices:

  • 1 kg – ₹1,50,100
  • 100 grams – ₹15,010
  • 10 grams – ₹1,501

MCX Market Price:

  • Gold (December 2025 expiry): ₹1,16,497 (record high), later closed at ₹1,16,370.
  • Silver (December 2025 expiry): Touched ₹1,44,179 and closed at ₹1,43,120.

According to experts, US economic data (Non-farm payrolls, ADP employment) and RBI policy (October 1) will influence the trend of gold and silver this week. The possibility of a Fed interest rate cut, central banks and ETF purchases are strongly supporting prices.

Market Outlook (September 30):

  • Gold Trading Range: ₹1,13,500 – ₹1,16,500
  • Silver prices are likely to rise further. Historically, silver has rallied to its highest levels when gold has risen.

At the global level:

  • Spot Gold: Over $3,800 (historical high)
  • Spot Silver: Over $46.5 (14-year high)

Overall, the festive season, global demand, and interest rate expectations—all combined to drive gold and silver prices to new highs.

Tags: #24KGold #GoldRate #GoldPriceIndia #SilverPrice #GoldPrices #GoldMarket #PreciousMetals #GoldRush #GoldHistory #GoldTrading #IndiaGold #JewelryMarket

Tags: #24KGold #GoldRate #GoldPriceIndia #SilverPrice #GoldPrices #GoldMarket #PreciousMetals #GoldRush #GoldHistory #GoldTrading #IndiaGold #JewelryMarket

Leave a Comment