Gold Price Today in India (September 11): Gold prices recovered in the domestic market after a sharp decline in the previous session. 24K gold rose ₹120 per gram, taking the price to ₹1,55,510 per 10 grams. 22K gold increased₹110 per gram, while 18K gold climbed₹90 per gram.
The rebound comes as international gold prices recovered after falling nearly 2%. Spot gold rose 0.7% to $4,346 an ounce while investors awaited the latest US inflation data for clues about the Federal Reserve’s next policy move.
Gold Price Today in India (September 11): Domestic Gold Prices
Domestic gold prices moved higher on Friday, reversing part of Thursday’s decline. 24K rate rising from ₹15,431 to ₹15,551 per gram, while 22K gold increased from ₹14,145 to ₹14,255. The 18K rate also moved higher to ₹11,663 per gram.
Global bullion prices found support as oil prices eased from their recent highs and traders looked ahead to US consumer inflation data. However, higher crude prices, elevated Treasury yields and expectations of tighter monetary policy continue to create pressure on non-yielding gold. Reuters reported that traders were pricing a 67% chance of a Fed rate hike at next week’s meeting.
Gold Price Today in India (September 11): City-wise Gold Rate Today (Per 10 Grams)
Gold rates differ slightly between cities because of local market conditions and jeweller-level pricing.
Delhi Gold Rate Today (September 11)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,15,970 per 10 grams
Mumbai Gold Rate Today (September 11)
- 24K Gold: ₹1,55,510 per 10 grams
- 22K Gold: ₹1,42,550 per 10 grams
- 18K Gold: ₹1,16,630 per 10 grams
Chennai Gold Rate Today (September 11)
- 24K Gold: ₹1,55,510 per 10 grams
- 22K Gold: ₹1,42,550 per 10 grams
- 18K Gold: ₹1,20,250 per 10 grams
Bengaluru Gold Rate Today (September 11)
- 24K Gold: ₹1,55,510 per 10 grams
- 22K Gold: ₹1,42,550 per 10 grams
- 18K Gold: ₹1,16,630 per 10 grams
Hyderabad Gold Rate Today (September 11)
- 24K Gold: ₹1,55,510 per 10 grams
- 22K Gold: ₹1,42,550 per 10 grams
- 18K Gold: ₹1,16,630 per 10 grams
Kolkata Gold Rate Today (September 11)
- 24K Gold: ₹1,55,510 per 10 grams
- 22K Gold: ₹1,42,550 per 10 grams
- 18K Gold: ₹1,16,630 per 10 grams
Kerala Gold Rate Today (September 11)
- 24K Gold: ₹1,55,510 per 10 grams
- 22K Gold: ₹1,42,550 per 10 grams
- 18K Gold: ₹1,16,630 per 10 grams
Pune Gold Rate Today (September 11)
- 24K Gold: ₹1,55,510 per 10 grams
- 22K Gold: ₹1,42,550 per 10 grams
- 18K Gold: ₹1,16,630 per 10 grams
Ahmedabad Gold Rate Today (September 11)
- 24K Gold: ₹1,55,560 per 10 grams
- 22K Gold: ₹1,42,600 per 10 grams
- 18K Gold: ₹1,16,680 per 10 grams
Lucknow Gold Rate Today (September 11)
- 24K Gold: ₹1,55,660 per 10 grams
- 22K Gold: ₹1,42,700 per 10 grams
- 18K Gold: ₹1,15,970 per 10 grams
Gold Price Today in India (September 11): MCX Performance
MCX gold remained under pressure after Thursday’s sharp fall, while international bullion prices recovered on Friday. Gold prices were supported by softer oil prices and buying near the $4,300-per-ounce support zone.
The previous session saw a sharp decline in gold as US producer-price data reinforced concerns about inflation and the possibility of higher interest rates. The latest US CPI report is therefore a key trigger for bullion markets, with traders closely watching whether inflation strengthens or weakens expectations for the Federal Reserve’s next move.
Oil prices are another major factor for Indian gold investors. Brent crude briefly climbed close to $110 per barrel before easing to around $105.90, although it remained on track for a weekly gain of roughly 10%. The escalation of the US-Iran conflict and disruptions around the Strait of Hormuz have kept energy markets highly volatile.
Gold Price Today in India (September 11): Key Considerations For Buyers
- 24K gold: The benchmark rate is ₹1,55,510 per 10 grams, while Delhi and Lucknow are at ₹1,55,660.
- 22K gold: The benchmark rate stands at ₹1,42,550 per 10 grams, with Delhi and Lucknow at ₹1,42,700.
- 18K gold: The benchmark rate is ₹1,16,630 per 10 grams. Chennai has a higher 18K quote of ₹1,20,250.
- Global gold: Spot gold rose 0.7% to $4,346.44 an ounce on Friday after falling nearly 2% in the previous session.
- Fed policy: Markets are closely watching US CPI data, with rate-hike expectations remaining elevated after recent inflation data.
- Oil prices: Brent crude remains above $100 per barrel amid Middle East supply and shipping concerns, adding to inflation risks.
- Jewellery cost: The quoted gold rate is not the final jewellery price. Buyers also need to account for making charges and applicable GST.
- Local rates: Gold prices can vary between jewellers, so buyers should confirm the day’s rate and the complete price breakup before purchasing.