New Delhi, Sept. 12 -- Gold and silver prices in your city on September 12: Yellow metal prices surged on the MCX on Friday, September 12, during the morning trading hours, and silver hit a fresh record high amid hopes over a US Fed rate cut.

MCX Gold October 3 contracts rose 0.58 per cent at Rs.1,09,610 per 10 grams around 9:33 am, while MCX Silver December 5 contracts surged 1.27 per cent, hitting re at Rs.1,28,550 per kg.

In terms of returns, gold prices have surged by 1,200 per cent, up from Rs.7,638 in 2005 to over Rs.1,00,000 in 2025. In 20 years, gold has given impressive returns in 16 years. Year-to-date (YTD), prices have climbed by 31 per cent, with record highs reaffirming its position among 2025's top-performing assets and a...