Gold rate today, Sept. 11 -- Gold prices have been soaring high lately amid rising expectations from US Federal Reserve to cut rate in the upcoming meeting.

MCX Gold hit an all-time high of Rs.1,09,840 per 10 grams on Tuesday, September 9.

However, subdued spot demand and the absence of fresh triggers have pulled prices down by over Rs.1,000, or nearly 1 per cent, within two days.

On Thursday, gold prices fell by Rs.226 to Rs.1,08,760 per 10 grams in the domestic futures market, mirroring weakness in global trends. On the Multi Commodity Exchange (MCX), the most active October gold futures contract dropped Rs.226, or 0.21 per cent, to Rs.1,08,760 per 10 grams, with a trading volume of 16,883 lots.

"Bullion traded with a steady bias an...