Gold and Silver Prices in India Today, 2 September 2026: Gold at ₹150,930, Silver at ₹232,780 Extend Losses

24K gold is trading at ₹150,930 per 10 grams today, extending its correction into a third straight session and now down more than 5% over the past week alone, one of its sharpest weekly declines in recent memory. Silver has also fallen further, dropping to ₹232,780 per kilogram and now down more than 3% over the same seven day period. MCX gold slid 0.83% to ₹150,471 per 10g while MCX silver dropped 0.95% to ₹233,197 per kg, and Comex gold and silver eased 0.77% and 1.41% respectively overnight, as the broader pullback from last week's record highs continues to play out across both metals.

The correction shows no clear sign of ending yet.

City Wise Gold and Silver Rate Today in India, 2 September 2026

Note: These rates are indicative. Jewellery prices add making charges and GST on top. Chennai typically carries a small premium over other cities.

Gold and Silver Prices in India Today, 1 September 2026: Gold at ₹152,790, Silver at ₹235,760 as Both Fall Sharply

Gold and silver rates today in India, 1 September 2026. 24K gold trades at ₹152,790 per 10g and silver at ₹235,760 per kg, both falling sharply as Comex slides further. Check city wise rates and MCX data below.

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Gold Price Today: What Changed

24K gold is at ₹150,930 per 10g today. On MCX, gold is at ₹150,471 per 10g, down ₹1,258, or 0.83%. The session high was ₹151,070 and the low was ₹149,665. Comex gold is at $4,362.70 an ounce, down 0.77% on the day.

Gold's weekly fall has now widened to more than 5%, extending a correction that began after last week's record highs, though it still holds a gain of more than 5.5% over the past month.

Silver Rate Today: What Changed

Silver is at ₹232,780 per kg today. On MCX, silver is at ₹233,197 per kg, down ₹2,244, or 0.95%. The session high was ₹234,192 and the low was ₹231,811. Comex silver is at $64.45 an ounce, down 1.41% on the day.

Silver's weekly decline has widened to more than 3%, though it remains up over 7% for the month and close to 87% over the past year.

MCX Gold and Silver Rate Today

Gold Futures

Silver Futures

Source: Bullions.co.in, last updated 2 September 2026, 14:45 IST.

MCX gold and silver have now fallen for a third straight session, extending the correction that began last week. Silver's daily fall on Comex remains sharper than gold's, a pattern seen through most of this pullback. Unless global cues shift, both metals may see further downside before stabilising.

Key Reasons Behind Today's Price Move

Here is what is driving prices today:

• Comex Silver Falls 1.41%: Silver on Comex eased to $64.45 an ounce, extending its pullback for a third straight day.
• Comex Gold Slips 0.77%: Gold on Comex fell to $4,362.70 an ounce, deepening its correction from record highs.
• MCX Gold Drops 0.83%: MCX gold fell to ₹150,471 per 10g, widening its weekly fall to more than 5%.
• MCX Silver Eases 0.95%: MCX silver slid to ₹233,197 per kg, extending its own weekly decline past 3%.
• Three-Day Correction Deepens: Both metals have now fallen for three straight sessions since last week's record highs.

FAQs

Why have gold and silver fallen for three straight days in India?

Both metals are extending a correction from last week's record highs, with Comex gold and silver both easing again today. Gold is now down more than 5% over the past week and silver past 3%.

Is the correction getting worse or stabilising?

Gold's weekly fall has widened to more than 5% and silver's to past 3%, both deeper than they were a day earlier. This suggests the correction is still building rather than stabilising just yet.

Is now a good time to buy after three days of falling prices?

This deepening pullback offers an increasingly attractive entry point compared with last week's highs, though it is hard to know exactly when it will bottom out. Spreading purchases across a few sessions remains a safer approach than buying all at once.