Commodities
Gold Prices Surge in India Amid Festive Season Demand
The gold price in India has seen fluctuations due to increasing demand during the festive season. As of September 16, 2026, the futures price for 24-carat gold on the Multi Commodity Exchange (MCX) rose by 0.57% to reach ₹151,667 per 10 grams. This is a decrease from the previous trading day's closing price of ₹154,400 per 10 grams.
The rise in demand for gold during the festive season has led to an increase in prices. The Multi Commodity Exchange (MCX) reported that the futures price for 24-carat gold rose by ₹2,733.
Gold prices vary across different cities in India. In Delhi, the current gold rate is ₹153,320 per 10 grams of 24-carat gold, while in Mumbai it is ₹153,170 per 10 grams.