Gold and Silver Price Today, September 12, 2026: Precious metal prices remain under pressure after a weak week for bullion markets. Gold and silver have been affected by a stronger US dollar, rising US Treasury yields, expectations around the Federal Reserve’s policy stance and continued uncertainty in global markets.

Since September 12, 2026 is a Saturday, trading on the Multi Commodity Exchange is closed for the weekend. Therefore, investors and buyers looking at domestic futures prices will be referring mainly to Friday’s closing levels until trading resumes on Monday.

Internationally, gold has also weakened after trading near higher levels earlier in the week.

Gold and Silver Prices in the Global Market

According to the supplied market figures, international spot gold was trading around $4,319.82 per ounce after recently hovering near the $4,400 level.

Spot silver was also under pressure and was quoted at around $63.5 per ounce.

Several factors have contributed to weakness in precious metals.

A stronger US dollar can reduce the appeal of gold for buyers using other currencies, while higher US Treasury yields can make interest-bearing assets relatively more attractive compared with non-yielding gold.

Expectations of a cautious or hawkish approach from the US Federal Reserve can also influence bullion sentiment.

Profit-booking after earlier gains and wider global market uncertainty have added to volatility.

Gold Has Fallen More Than 2% This Week

The supplied article states that international gold prices have declined by more than 2% during the week.

The weakness in global bullion markets has also been reflected in Indian futures and physical gold prices.

Gold is often considered a safe-haven asset, but its price does not move higher during every period of geopolitical uncertainty. Movements in interest-rate expectations, currencies and bond yields can sometimes outweigh safe-haven demand in the short term.

This is why traders closely track multiple global indicators rather than looking at a single factor.

MCX Gold and Silver Closing Prices

In the final trading session of the week, both gold and silver futures closed lower on MCX.

Gold futures for October 5 expiry fell by ₹1,456, or around 0.96%, to close at approximately ₹1,50,885 per 10 grams.

Silver futures declined even more sharply.

The supplied figures show silver futures falling by ₹2,829, or around 1.21%, to ₹2,31,270 per kilogram.

As MCX is closed on Saturday and Sunday, fresh domestic futures movement will be seen only when the next trading session begins.

According to the article, regular trading is expected to resume on Monday at 9:00 AM.

Gold Price in India on September 12

Domestic retail gold prices also showed weakness in the supplied rate list.

The rate varies according to purity, with 24-carat gold remaining the most expensive category.

24-Carat Gold Price

The price of 24-carat gold was listed at ₹15,442 per gram, down by ₹109.

That puts the approximate price of 10 grams of 24-carat gold at ₹1,54,420.

24-carat gold has the highest purity among the commonly quoted retail categories and is frequently preferred for coins and bars rather than regular jewellery.

22-Carat Gold Price

The listed price of 22-carat gold stood at ₹14,155 per gram, after a decline of ₹100.

This gives an approximate value of ₹1,41,550 for 10 grams.

22-carat gold is commonly used for jewellery because it combines high gold content with greater durability than pure 24-carat gold.

18-Carat Gold Price

The price of 18-carat gold was listed at ₹11,582 per gram, down by ₹81.

The approximate price of 10 grams of 18-carat gold therefore comes to ₹1,15,820.

Gold Price Summary

These are reference bullion rates from the supplied article. The final amount paid at a jewellery store can be different.

Why Gold and Silver Prices Are Under Pressure

Bullion prices are influenced by a combination of global and domestic factors.

One major factor is the US dollar. Since gold is internationally priced in dollars, a stronger dollar can make gold more expensive for holders of other currencies.

Another important factor is US Treasury yields. When yields rise, investors may shift some money toward interest-bearing assets, reducing demand for gold.

The market is also watching the US Federal Reserve.

If traders expect interest rates to remain high for longer, gold can come under pressure. On the other hand, expectations of easier monetary policy can sometimes support precious metals.

Silver is affected by many of the same factors as gold, but its price can be more volatile because it also has significant industrial demand.

What Should Gold Buyers Keep in Mind This Weekend?

Anyone planning to buy jewellery, coins or bars should remember that the quoted bullion price is not necessarily the final price paid at the store.

Retail jewellery bills can include GST, making charges and other applicable costs.

Making charges can vary significantly between jewellers and depending on the design.

City-wise rates can also differ slightly, which is why consumers should check the latest rate at their preferred jeweller before finalising a purchase.

For larger purchases, comparing the final bill rather than only the headline gold rate can be more useful.

Check Purity Before Buying Gold

Price should not be the only consideration when buying gold jewellery.

Consumers should also verify purity and hallmarking details wherever applicable.

The purity level—24 carat, 22 carat or 18 carat—directly affects the price and gold content.

For jewellery purchases, buyers should understand the difference between the gold value, making charges, taxes and any other fees included in the final bill.

Weekend Market Outlook

With MCX closed for the weekend, there will be no fresh domestic futures trading on Saturday.

However, international developments, movements in the US dollar, bond yields and geopolitical news can influence sentiment ahead of Monday’s opening.

If global bullion prices move significantly before domestic trading resumes, MCX may react when the market opens.

For now, the supplied figures show that both gold and silver ended the week under pressure, with silver posting the sharper decline in the domestic futures market.

Final Takeaway

Gold and silver prices remain volatile heading into the weekend.

International spot gold was quoted around $4,319.82 per ounce, while spot silver was near $63.5 per ounce.

On MCX, gold futures closed around ₹1,50,885 per 10 grams, while silver futures ended near ₹2,31,270 per kilogram.

In the domestic retail market, 24-carat gold was listed at approximately ₹1,54,420 per 10 grams, 22-carat gold at ₹1,41,550, and 18-carat gold at ₹1,15,820.

Buyers should check the latest local jewellery rate and factor in GST and making charges before making a purchase, as the final bill can be higher than the quoted bullion price.