Indian Gold and Silver Prices Hold Steady Amid Ongoing Demand
Gold and silver prices across major Indian cities remained steady on September 9. The nationwide average for 24-karat gold stood at ₹15,536 per gram, while benchmark 22-karat gold traded at ₹14,241 per gram. 18-karat gold priced at ₹11,652 per gram, reflecting ongoing demand for precious metals as a traditional hedge against inflation.
Regional variations saw slight premium rates in certain cities. Chennai recorded the highest rate for 24-karat gold at ₹15,568 per gram, followed closely by Delhi at ₹15,551 per gram. Financial hubs like Mumbai, Kolkata, Bangalore, and Hyderabad maintained standard national base rates.
Silver traded at ₹249.90 per gram and ₹2,49,900 per kilogram across most metro centers, including Mumbai, Delhi, and Kolkata. Southern hubs, however, commanded a slight premium, with silver priced at ₹2,54,900 per kilogram.