LIVE | Gold Price Today: MCX Gold Slips Rs.1.54 Lakh, Silver Holds Rs.2.50 Lakh as US Jobs Data Strengthens Rate-Hike Bets - Check Latest 24K, 22K, 18K Gold Rate in Delhi, Mumbai, Kerala, Surat & Chennai
India, Sept. 8 -- Gold Rate Today, 8 September 2026: Gold prices opened the week with an initial fall due to a better-than-expected jobs data in America which changed the outlook towards the interest rate policy of the US Federal Reserve. For India, gold prices fell in 18K, 22K and 24K, but silver was stable in the mentioned domestic market.
The most recent numbers from the US revealed that non-farm payrolls rose to 162,000 in August, significantly better than market estimates of around 53,000-65,000. The unemployment rate remained unchanged at 4.1% while the annual wage growth came in at 3.1%.
The numbers reinforced the arguments for maintaining tight monetary policy and increased the probability of a rate hike in September to 60%. Thi...
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