Gold and Silver Prices in India Today, 24 September 2026: Gold at ₹151,270, Silver at ₹233,050 as Both Fall Sharply

24K gold is trading at ₹151,270 per 10 grams today, falling sharply as a hawkish tone from the US Federal Reserve and a stronger dollar weigh heavily on precious metals worldwide. Silver has fallen even harder, dropping to ₹233,050 per kilogram and now down more than 5% over the past month alone. MCX gold slid 0.50% to ₹150,550 per 10g while MCX silver tumbled 1.21% to ₹233,052 per kg, and Comex gold fell 0.59% to $4,292.90 an ounce while Comex silver dropped 1.58% to $63.94, extending a correction that has now taken gold down more than 7% and silver more than 5% since their record highs in late August.

City-wise Gold and Silver Rate Today in India, 24 September 2026

Note: Jewellery prices add making charges and GST on top. These are morning session figures; rates fell further through the day, which is why they sit above the evening bullions.co.in snapshot used elsewhere in this article.

Gold Price Today: What Changed

24K gold is at ₹151,270 per 10g today. On MCX, gold is at ₹150,550 per 10g, down ₹749, or 0.50%. The session high was ₹151,350 and the low was ₹150,175. Comex gold is at $4,292.90 an ounce, down 0.59% on the day.

Gold's correction has deepened to more than 7% over the past month, one of its sharpest pullbacks this year, though it still holds a gain of close to 34% over the past year.

Silver Rate Today: What Changed

Silver is at ₹233,050 per kg today. On MCX, silver is at ₹233,052 per kg, down ₹2,843, or 1.21%. The session high was ₹235,590, and the low was ₹232,600. Comex silver is at $63.94 an ounce, down 1.58% on the day.

Silver's monthly fall has widened to more than 5%, though it remains up close to 74% over the past year.

MCX Gold and Silver Rate Today

Gold Futures

Silver Futures

Source: Bullions.co.in, last updated 24 September 2026, 17:20 IST.

MCX silver is falling faster than MCX gold today, in line with the sharper drop in Comex silver. Both metals are under pressure from a hawkish Fed outlook that has pushed the dollar higher and reduced the appeal of non-yielding assets like gold and silver. Unless the Fed's tone softens, further downside looks likely in the near term.

Key Reasons Behind Today's Price Move

Here is what is driving prices today:

• Comex Silver Drops 1.58%: Silver on Comex fell sharply to $63.94 an ounce, its steepest decline this week.
• Comex Gold Slides 0.59%: Gold on Comex eased to $4,292.90 an ounce as Fed hawkishness and a strong dollar weighed on the metal.
• MCX Gold Falls 0.50%: MCX gold dropped to ₹150,550 per 10g, extending its monthly correction past 7%.
• MCX Silver Tumbles 1.21%: MCX silver slid to ₹233,052 per kg, its biggest one day fall this week.
• Fed Hawkishness Weighs on Metals: A hawkish Federal Reserve outlook and a stronger dollar are reducing the appeal of gold and silver as safe havens for now.

FAQs

Why did gold and silver fall sharply in India today, 24 September 2026?

Both metals fell as a hawkish tone from the US Federal Reserve and a stronger dollar weighed on precious metals worldwide. Comex gold fell 0.59% and Comex silver dropped 1.58% today alone.

How deep is the current correction in gold and silver?

Gold is down more than 7% over the past month and silver more than 5%, marking one of the sharper corrections this year. Both metals remain well above where they stood a year ago despite this pullback.

Is now a good time to buy given the Fed related pressure?

This correction has made both metals notably cheaper than their late August record highs, which may appeal to buyers willing to wait out near term volatility. Spreading purchases across a few sessions remains a safer approach than buying all at once while Fed policy uncertainty persists.