Neutral impactCommodity
Gold, silver prices today, 17 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Mint 1 hr ago·17 Sept 2026, 3:46 am
On September 17 the U.S. Federal Reserve lifted its policy rate by a quarter‑point, a move that sent global gold and silver prices into a swing. After a sharp dip the day before, the precious metals rallied modestly, but the market remained jittery as traders digested the higher‑for‑longer rate outlook.
For Indian retail investors the volatility matters because it translates directly into the price of 24‑karat and 22‑karat gold, as well as 999‑fine silver, that are quoted in major cities. Higher rates tend to strengthen the dollar and put pressure on bullion, which can raise the cost of jewelry and affect the valuation of metal‑linked mutual funds or ETFs that many investors hold.
Investors should keep an eye on upcoming U.S. inflation reports, the Fed’s next policy minutes and any shifts in the rupee‑dollar exchange rate, as these factors will likely steer bullion prices in the near term.
Excerpt from Mint
Gold and silver prices remained volatile on September 17 after the US Federal Reserve raised interest rates by 25 basis points, with global bullion prices recovering after the previous session’s fall. Check the latest gold and silver rates in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai. Gold and silver…Read the original at Mint
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
