Gold price today, Sept. 11 -- Rates of gold and silver declined on the MCX Thursday (September 11) morning on profit booking ahead of US CPI inflation data, weak spot demand and the dollar's rise against its peers.

MCX Gold October futures were 0.28 per cent down at Rs.1,08,681 per 10 grams around 9:05 am, while MCX Silver December futures were 0.14 per cent down at Rs.1,25,000 per kg at that time.

While expectations of a US Fed rate cut next week underpin gold prices, gold's stellar run and prices near record high levels seem to have created a demand fatigue in the spot market.

MCX Gold touched a record high of Rs.1,09,840 per 10 grams on September 9. However, due to weak spot demand and the lack of fresh triggers, it has come down by...