Gold rate today, Sept. 12 -- Amid soaring crude oil prices due to escalating tensions in the US-Iran war, rising US Treasury yields, and a strong US dollar (USD), gold prices today are under pressure. The renewed tension from rising inflation has fueled buzz about a US Fed rate hike at next week's US Fed meeting, scheduled for 15th to 16th September 2026.

In the international market, the COMEX gold price finished around 1.50% lower at $4,408.90 per ounce, whereas the MCX gold rate edged higher last week and ended at Rs.1,52,784 per 10 gm, but ended below 20-DEMA on the technical chart.

On triggers that are dragging gold price today, Ponmudi R, CEO at Enrich Money, said, "The gold rate today is on edge as another surge in oil prices fed ...