Gold Rates Today have turned volatile, with MCX gold falling below the Rs 1.52 lakh mark after an early rally on September 8, 2026.
Silver also slipped during the session after initially moving higher.
MCX gold had crossed Rs 1.54 lakh per 10 grams in early trade and gained around 1%.
However, the precious metal later moved into negative territory as the session progressed.
Gold Rates Today Turn Volatile After Early Rally
At around 12:51 pm, MCX gold was trading near Rs 1,52,700 per 10 grams, down Rs 118 or 0.08%.
It had touched an intraday low of around Rs 1,52,427 per 10 grams.
The movement came after gold had started the day strongly.
In the international market, spot gold was trading above $4,430 per ounce earlier in the session, with gains of nearly 1%.
The dollar’s movement remained an important factor for bullion prices.
A weaker US dollar can make dollar-priced gold more attractive to buyers holding other currencies.
Silver Price Also Loses Momentum
Silver also witnessed a change in momentum. MCX silver had reclaimed the Rs 2.41 lakh per kg level and gained around 1% in early trade, but later moved lower.
Spot silver was trading near $67 per ounce after gaining more than 1.2% earlier in the day.
The domestic market therefore continued to see sharp intraday movements in both precious metals.
Gold Rates Today in the retail market were also higher compared with the previous session.
The 24-carat gold rate stood at Rs 15,535 per gram, while 22-carat gold was priced at Rs 14,240 per gram.
24K, 22K and 18K Gold Prices
The 24-carat gold price was Rs 1,55,350 per 10 grams, an increase of Rs 1,200 from the previous session.
The 22-carat rate stood at Rs 1,42,400 per 10 grams, up Rs 1,100.
The 18-carat gold rate also increased to Rs 1,16,510 per 10 grams, gaining Rs 900.
These are domestic retail rates and can vary between cities and jewellery sellers.
Silver remained steady in the retail market at Rs 250 per gram, or Rs 2.50 lakh per kg, despite the fluctuations seen in MCX trading.
Why Gold and Silver Prices Are Moving
Global commodity markets are also keeping a close watch on crude oil.
On September 8, US WTI crude was trading above $93 per barrel, while Brent crude moved closer to $98 per barrel after rising around 1%.
At the same time, international investors were monitoring US economic data and expectations around Federal Reserve interest-rate decisions.
Gold prices can react sharply to changes in interest-rate expectations because the metal does not provide interest income.
For Indian buyers, domestic gold prices are influenced by international bullion prices, currency movements and local market conditions.
This means retail rates can move even when the direction of MCX prices changes during the day.
