Indian precious metals prices turned higher on September 12, 2026, reversing part of the previous session's steep drop as global bullion markets found support and traders positioned themselves ahead of crucial U.S. inflation data.
Domestic Gold and Silver Prices Recover
Spot and futures prices across the country edged higher, clawing back a portion of the prior session's losses:
Benchmark 24-karat gold rose ₹120 per gram to ₹1,55,510 per 10 grams
In Delhi, 24-karat gold reached ₹1,55,660 per 10 grams, while 22-karat gold traded at ₹1,42,700 per 10 grams
Domestic physical 999-purity silver quoted near ₹2.45 lakh per kilogram following the volatility
MCX Futures Bounce Back from Intraday Lows
Both gold and silver futures on the Multi Commodity Exchange (MCX) recovered meaningfully from their early-session weakness:
Gold futures recovered from an intraday low of ₹1,50,695 per 10 grams to trade back near the ₹1,51,800 level
Silver futures rebounded to reclaim the ₹2.33 lakh per kilogram mark after briefly dipping to ₹2,30,270