Gold prices remained in focus on Friday, September 25, 2026, as the precious metal showed mixed movement across domestic futures, bullion and international markets. While gold futures on the Multi Commodity Exchange (MCX) recorded a marginal rise in morning trade, physical market prices in Delhi remained under pressure.

A stronger US dollar and movement in crude oil prices are among the factors influencing sentiment in the international bullion market. Gold prices can react quickly to changes in the dollar, interest-rate expectations, geopolitical developments and global investment demand.

For consumers planning to buy jewellery, the latest movement is particularly important because retail gold prices have softened from their recent levels in some markets.

Gold Records Marginal Rise on MCX

Gold futures opened with a slight upward movement on the Multi Commodity Exchange on Friday morning.

According to the available market data, the price of 24-carat gold on MCX increased by ₹131, or 0.09%, to reach around ₹1,50,841 per 10 grams.

The precious metal had closed at approximately ₹1,50,710 per 10 grams in the previous trading session.

Separate bullion market data placed the 24-carat gold rate at around ₹1,51,580 per 10 grams, illustrating how rates can differ depending on the market, contract, location and source.

International gold was also quoted at around $4,307.20 per ounce in one set of market data.

Delhi Gold Price Falls for Fourth Consecutive Session

Gold prices in Delhi's bullion market continued to decline, extending their losing streak to a fourth consecutive trading session.

The price of gold with 99.9% purity reportedly dropped by ₹1,600 per 10 grams, bringing the rate to approximately ₹1,52,400 per 10 grams.

Gold had been trading around the ₹1.54 lakh level earlier in the week.

The recent decline has been associated with factors including strength in the US dollar and changing conditions in global commodity markets.

However, bullion prices can change rapidly, and movements seen during one trading session may not necessarily continue in subsequent sessions.

International Gold Prices Also Face Pressure

Gold was also under pressure in overseas trading.

Spot gold reportedly declined by around $33.74, or close to 1%, to approximately $4,253.61 per ounce.

A stronger US dollar can weigh on demand for the yellow metal because internationally traded gold is generally priced in dollars. When the dollar strengthens, gold becomes relatively more expensive for buyers using other currencies.

At the same time, gold prices are influenced by several other factors, including central bank policies, bond yields, inflation expectations, geopolitical uncertainty and investment demand.

Gold Futures Had Declined in Previous Session

Before Friday morning's marginal recovery, gold futures had ended the previous session lower.

The October delivery gold contract on MCX reportedly dropped by ₹833, or 0.55%, to close at approximately ₹1,50,466 per 10 grams.

International futures had also weakened. December gold futures on the COMEX market were reported at around $4,300.47 per ounce, down $17.93 or 0.42%.

The figures indicate that gold is currently experiencing considerable short-term price movement across both domestic and international markets.

Gold Price Today: Check Rates in Major Indian Cities

Here are the supplied indicative gold rates for September 25, 2026. All domestic prices below are per 10 grams.

Delhi, Lucknow, Meerut, Ayodhya and Kanpur show the same quoted rates in the supplied data, while Mumbai and Kolkata have slightly lower prices.

Why Gold Rates Can Differ From One City to Another

Consumers may notice that gold prices are not exactly the same across every city. Local demand, transportation and logistics costs, bullion association pricing and other market factors can contribute to differences.

There can also be a difference between MCX futures prices and the rates consumers see at jewellery stores. An MCX futures quote should therefore not be treated as the final retail price of jewellery.

Similarly, prices quoted by different market sources at different times of the day may vary.

Buying Gold Jewellery? Final Bill Will Be Higher

The quoted gold rate is only one part of the amount consumers ultimately pay when purchasing jewellery.

Jewellers may add making charges and applicable GST, while the final cost can also vary depending on the design, weight, purity and other charges associated with the product.

Consumers should therefore ask for a detailed price breakup before completing a purchase.

Purity is another important consideration. Buyers should check the applicable hallmarking details and verify the purity of the jewellery rather than making a decision solely on the displayed price.

Check the Latest Rate Before Making a Purchase

Gold prices can move more than once during a trading day, especially when global markets are volatile. The rates available in the morning may therefore differ from those quoted later by a local jeweller.

Anyone planning a significant gold purchase should check the latest local rate immediately before buying and compare the making charges and final payable amount.

With gold witnessing mixed movement on September 25, buyers should focus not only on daily price fluctuations but also on purity, hallmarking and the complete cost of the jewellery before making a purchase decision.