Market Performance
Gold price today surged to fresh highs on the Multi Commodity Exchange (MCX) as global market sentiment pushed bullion higher. In early trade on Tuesday, September 23, MCX Gold October futures rose nearly 2% to hit a record ₹1,14,179 per 10 grams.
Silver prices followed suit. MCX Silver December futures climbed over 1% to a record ₹1,35,557 per kg, adding further shine to the precious metals segment.
By evening, gold futures were still holding strong:
- MCX Gold October futures: ₹1,13,986 per 10 grams (up 1.56%)
- MCX Silver December futures: ₹1,35,255 per kg (up 1.27%)
Main News
The rally in gold and silver is not an overnight event. Prices have been steadily gaining ground throughout the year, and now they’ve reached fresh milestones.
So far this year, spot gold prices in India have surged 47%, supported by:
- Global uncertainties that pushed safe-haven demand
- Aggressive central bank buying of gold
- Robust retail demand, especially during festive seasons
- Rate cut hopes in major economies
- A weaker US dollar adding further momentum
These combined factors have given gold a strong run in 2025, making it one of the most watched assets in the market today.
Company Details Not Applicable
(Since this news is about commodity prices, we focus on market performance and drivers instead of corporate details.)
Summary
Gold price today touched a record ₹1,14,179 per 10 grams on MCX, while silver also hit fresh highs at ₹1,35,557 per kg. Supported by global market sentiment, safe-haven buying, strong retail demand, and central bank accumulation, bullion continues to remain in the spotlight.
With a 47% rise in gold prices this year, investors and traders alike are witnessing a historic rally in the precious metals market.
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