16 Dec 2025, Tue

Gold, Silver Rates Today (September 5): Gold, silver continue to rise on MCX amid Fed rate cut hopes

Gold, Silver Rates Today: In the international market, the COMEX gold price gained around 0.11 per cent, trading at approximately USD 3,610 per troy ounce. The spot gold price at 12:30 am was USD 3,549.14 per ounce, down by 0.01 per cent.

 
Mumbai:

The gold and silver prices on the MCX gained on Friday, September 5, 2025, amid global uncertainties arising from U.S. trade tariffs. According to experts, hopes of a Fed rate cut are also underpinning prices of precious metals. The gold October 3 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 259 at Rs 1,06,676 per 10 grams against the previous close of Rs 1,06,417. It gained further to touch the day’s high of Rs 1,07,151. Last seen, it was trading at Rs 1,06,941 with a jump of Rs 524 or 0.49 per cent. 

However, the silver futures, maturing on September 5, 2025, started the session in the red. The contract opened with a fall of Rs 420 at Rs 1,23,500 per kg on the MCX against the previous close of Rs 1,23,920. However, it later rebounded to touch the high of Rs 1,25,100. Last seen, it was trading at Rs 1,24,750 – a jump of Rs 830 or 0.67 per cent from the previous close.  

Gold Price in the International Market

In the international market, the COMEX gold price gained around 0.11 per cent, trading at approximately USD 3,610 per troy ounce. The spot gold price at 12:30 am was USD 3,549.14 per ounce, down by 0.01 per cent.

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