Gold Rate Today, 4 September 2025: Gold Falls Below Peak, Silver Trades Steady

New Delhi, Sept 4, 2025 (Thursday) – After touching an all-time high of ₹1,07,000 per 10 grams yesterday evening, gold prices have eased slightly today. On 4 September, gold is trading at ₹1,06,860 per 10 grams, about ₹300 lower compared to yesterday. Meanwhile, silver prices remain flat at ₹1,27,000 per kg.

Gold Prices Across Major Cities (4 September 2025) City 22K Gold (₹/10g) 24K Gold (₹/10g)

Delhi	98,100	1,07,010
Chennai	97,950	1,06,860
Mumbai	97,950	1,06,860
Kolkata	97,950	1,06,860
Jaipur	98,100	1,07,010
Noida	98,100	1,07,010
Ghaziabad	98,100	1,07,010
Lucknow	98,100	1,07,010
Bengaluru	97,950	1,06,860
Patna	97,950	1,06,860

Why Are Gold Prices So High?

The surge in gold prices globally is largely due to:

US Interest Rate Cut Expectations – With the Federal Reserve signaling possible rate cuts amid economic slowdown, investors are shifting towards safe-haven assets like gold. Lower interest rates reduce returns from bonds and deposits, making gold more attractive.

Geopolitical Tensions – Ongoing conflicts such as the Russia-Ukraine war, instability in West Asia, and uncertainty around US policies have pushed investors to secure their wealth in gold.

Weak Rupee & Global Prices – A weaker Indian rupee against the US dollar and rising global gold prices are directly impacting domestic markets.

Experts suggest that with festive season and Diwali approaching, demand for gold is likely to remain strong, potentially driving prices even higher.

Silver Price Today

• Silver Price (4 September 2025): ₹1,27,000 per kg

• The price remains unchanged compared to yesterday, showing no major volatility.

How Are Gold Prices Determined in India?

Gold rates in India are influenced by multiple factors, including:

• International market prices

• Import duty and local taxes

• Dollar-to-Rupee exchange rate

• Domestic demand during festivals and weddings

In Indian culture, gold is not only valued for jewelry but also seen as a reliable investment and savings option.

Bottom Line

Gold has slipped slightly from its record high but continues to trade near the ₹1.07 lakh mark, while silver remains stable. With global uncertainties and festive demand ahead, analysts believe the upward momentum in gold prices may continue.