Gold and silver prices declined in the first trading session of the week on 7 September 2026. October-delivery gold futures were trading at ₹1,52,160 per 10 grams around 10:23 am, down ₹607, or 0.40%. December-delivery silver futures were at ₹2,36,863 per kilogram, a fall of ₹795, or 0.33%.
The move places both precious metals below their previous weekly closing levels during Monday’s session. Gold had closed on Friday at ₹1,52,787 per 10 grams, while silver had ended at ₹2,37,658 per kilogram.
Gold rate on 7 September
Gold began Monday’s trading at ₹1,52,279 per 10 grams after declining ₹508 from the previous close. During the session, the contract reached an intraday high of ₹1,52,483 and a low of ₹1,50,078.
The difference between Friday’s close and Monday’s lowest recorded level amounted to a decline of as much as ₹709 per 10 grams. The quoted ₹1,52,160 level at around 10:23 am reflected a ₹607 reduction from the previous close.
Silver rate on 7 September
Silver opened at ₹2,37,176 per kilogram, down ₹482 from Friday’s closing level. The contract later moved between an intraday high of ₹2,37,496 and a low of ₹2,36,423.
Against the previous close of ₹2,37,658 per kilogram, silver fell by as much as ₹1,235 during the session. At around 10:23 am, the December contract was trading ₹795 lower, representing a decline of 0.33%.
What happened in Delhi’s bullion market
The previous Friday had brought a different trend to Delhi’s bullion market. According to the All India Bullion Association, 99.9% pure gold gained ₹1,400 to finish at ₹1,60,900 per 10 grams.
Silver, in contrast, remained unchanged in the Delhi market at ₹2,40,500 per kilogram. That earlier session marked a second consecutive rise in gold prices in the local bullion market, while silver did not record a change.
The futures figures and the Delhi bullion-market figures refer to different market quotations and delivery or purity references. Their levels therefore should not be treated as identical price points.
Key rates at a glance
| Metal | Contract or reference | Monday level | Change during session | Intraday range | Previous close or reference |
|---|---|---|---|---|---|
| Gold | October delivery | ₹1,52,160 per 10 grams | Down ₹607, 0.40% | ₹1,50,078–₹1,52,483 | ₹1,52,787 per 10 grams |
| Silver | December delivery | ₹2,36,863 per kilogram | Down ₹795, 0.33% | ₹2,36,423–₹2,37,496 | ₹2,37,658 per kilogram |
The figures indicate that both contracts were under pressure early in the week, although each moved through a broad intraday range. Gold recorded the larger percentage decline, while silver registered the bigger rupee fall when compared with its Friday closing level.
Conclusion
Gold and silver futures were lower on Monday, with gold down as much as ₹709 per 10 grams and silver as much as ₹1,235 per kilogram from their respective Friday closes. Delhi’s earlier bullion-market data showed gold gains and unchanged silver prices, highlighting the difference between the quoted market references.
Frequently Asked Questions
Q. What was the gold price on 7 September 2026?
October-delivery gold was trading at ₹1,52,160 per 10 grams around 10:23 am, down ₹607 or 0.40%.
Q. How much did gold fall from Friday’s close?
Gold declined by as much as ₹709 per 10 grams compared with Friday’s closing price of ₹1,52,787.
Q. What was the silver price on 7 September 2026?
December-delivery silver was trading at ₹2,36,863 per kilogram after falling ₹795 or 0.33%.
Q. How much did silver fall from its previous close?
Silver fell by as much as ₹1,235 per kilogram from Friday’s close of ₹2,37,658.
Q. What was the Delhi bullion-market gold price on Friday?
The All India Bullion Association reported that 99.9% pure gold closed at ₹1,60,900 per 10 grams after gaining ₹1,400.
Q. Did silver change in Delhi’s bullion market on Friday?
No. Silver remained unchanged at ₹2,40,500 per kilogram in Delhi’s bullion market.
Q. Which delivery contracts are covered in the Monday figures?
The figures cover October-delivery gold and December-delivery silver.
