Rates of precious metals in futures continued to fall on Friday, September 04, 2026, amid selling pressure as COMEX Gold traded on a weak note, pulling back after a sharp two-session high. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 1,300 or 0.83 per cent at Rs 1,57,075 per 10 grams against the previous close of Rs 1,55,775. However, it witnessed profit booking and fell to touch the intraday low of Rs 1,54,750, dropping Rs 1,025 or 0.65 per cent. Last seen, it was trading at Rs 1,54,999 with a drop of Rs 776.
On the MCX, the yellow metal futures for December 2026 were down by Rs 615 or 0.39 per cent to trade at Rs 1,56,860 per 10 grams in business turnover of 8003 lots.ย
“Immediate support is at Rs 1,54,000-153,500, with next support at Rs 1,52,000-151,500. Immediate resistance is at Rs 1,58,000-158,500, and next resistance sits at Rs 1,60,000-160,500. On the daily chart, RSI is edging lower, showing clear momentum loss even as price only mildly corrected โ a mild bearish divergence that traders should watch; a close back above Rs 1,58,000 is needed to revive the bullish structure,” said Ponmudi R, CEO of Enrich Money.
Silver Price On MCXย ย
However, the silver futures, maturing on December 4, 2026, opened in the red. It began the trading session at Rs 2,41,106 against the previous close of Rs 2,42,349, a fall of Rs 1,243 or 0.51 per cent. It later touched the intraday low of Rs 2,40,420, a fall of Rs 1,929 or 0.79 per cent. Last seen, it was trading at Rs 2,40,612 with a drop of Rs 1,737 or 0.72 per cent.ย ย
Gold Price in the International Marketย
In the international market, the COMEX gold price fell 0.59 per cent to approximately USD 4,478.5 per troy ounce. The spot gold price at 11:50 am was USD 4,468.43per ounce, up by USD 24.22 or 0.54 per cent.ย
Check Gold, Silver Prices In Major Cities
Gold price in Delhiย ย
In Delhi, the 24-carat gold price was quoted at Rs 1,56,810 per 10 grams. For 22-carat gold, the consumer would have to spend Rs 1,43,750 per 10 grams.
Gold price in Mumbai
In Mumbai, 24-carat gold was available at Rs 1,56,660 per 10 grams, while 22-carat gold stood at Rs 1,43,600 per 10 grams.ย
Gold price in Kolkata
The 24-carat gold price in Kolkata today was Rs 1,56,660 per 10 grams, while the rate for 22-carat gold was Rs 1,43,600 per 10 grams.ย ย
Gold price in Chennai
In Chennai, the 24-carat gold was available for Rs 1,56,660 per 10 grams. For 22-carat gold, the rate was Rs 1,43,600 per 10 grams.
Silver prices in Delhi
The price of silver per kg in the national capital was Rs 2,50,000.ย
Silver price in Mumbai
In Mumbai, the consumer would have to pay Rs 2,50,000 per kg today to buy the precious metal.
Silver price in Kolkata
In Kolkata, the price of 1 kg of silver stood at Rs 2,50,000.ย
Silver price in Chennai
In Chennai, the price of the precious metal stood at Rs 2,55,000 per kg.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)