Should You Invest in Gold Now in India?

Gold prices fell 0.12% to Rs 1,08,850/10 gm; silver down 0.06% at Rs 1,25,100/kg.
Gold has surged 1200% over 16 years, reaching Rs 1,00,000 from Rs 7,638 in 2005.
Current gold rates vary across cities: New Delhi ₹1,08,920; Bengaluru ₹1,09,250.

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What is the story about?

Gold and silver prices on September 11: During the morning trade hours, the yellow metal prices fell in the domestic futures market on Thursday (Sept 11).

The MCX Gold October 3 contracts have dipped 0.12 per cent at Rs 1,08,850 per 10 grams around 12:05 am today, while the MCX Silver December 5 contracts dropped 0.06 per cent at Rs 1,25,100 per kg. Notably, if we talk about yellow metal, it has given great returns in the last 16 years. While gold rates have hiked by 1200 per cent, and have surged from Rs 7,638 in 2005 to over Rs 1,00,000 in 2025. Silver prices, on the other hand, have shown steadiness, as it has remained above Rs 1,00,000 per kilogram for some time. Also Read: Gold Rate in Chennai Today: Silver, Yellow Metal’s Prices Drop - Is It The Right Time to Buy?

Check today's gold prices

On September 11, the 24-carat gold was priced at Rs 1,09,280 per 10 grams, according to data on the Indian Bullion Association (IBA) at 12:08 am.

Meanwhile, 22-carat gold was priced at Rs 1,00,173 per 10 grams. Silver prices, on the other hand, are at Rs 1,24,960, according to the IBA stats.

Now, let's check gold prices for cities across India, including Mumbai, New Delhi, Bengaluru, Chennai and Kolkata. Accordingly, you can decide whether it is the right time for you to buy or if you should hold on. However, the buyers should keep in mind that the jewellers include making charges, taxes and GST in the final bill.