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Gold, silver rate today on December 23 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold, silver rate today, December 23: The gold MCX futures contract with the expiry of February 05, 2025, was quoted for Rs 76,432 per 10 gm.

Gold prices have fallen more than 0.7% compared to a week back while Silver prices fell 2.7% during the same time frame. The decrease in prices can be attributed to the lack of new geopolitical tensions globally. 

“The 10-year US yields surged to a fresh cycle high of 4.58%, which boosted the Fed-induced US Dollar rally to the highest level in at least two years. The global ETF trend is not encouraging as the holdings have fallen to the lowest level since February. Traders look forward to the key US data of the PCE deflator inflation index, the Fed’s preferred gauge of inflation for more clues to inflation. Hotter-than-expected data will weigh on the yellow metal. Gold is vulnerable in the near term unless geopolitical tensions come to the fore once again,” said  Praveen Singh, Associate Vice President of Fundamental Currencies and Commodities at Mirae Asset Sharekhan.

Read More: Rupee Hits Fresh All-Time Low Of 84.95 Vs Dollar Ahead Of US Fed Meeting: ‘May Hit 85 Level Soon’

Gold and silver rates today, December 23

The 24-carat gold rate in India was Rs 76,460 per 10 grams on December 23. The rate for 24-carat gold per gram is Rs 7,646. While the rate of 22-carat gold was Rs 70,088 per 10 grams.

The price of 24-carat gold has fallen 0.7% in the last seven days. However, It has increased by 0.8% in the last ten days. The silver is available to Indian customers today at a price of Rs 88,270 per kilogram. 

Gold rate in Mumbai on December 23

The Gold rate in Mumbai is Rs 76,460/10 grams today. On December 22, the gold was available for Rs 76,440/10 grams. A week back, on December 16, gold was sold for Rs 77,030/10 grams.

Silver rate in Mumbai on December 23

Silver rate in Mumbai was Rs 88,270/Kg on December 23, while it was priced at Rs 88,260/Kg and a week ago the price was Rs 90,920.

Read More: US Fed rate cut impact on Mortgages, Home Loans, Credit Cards, Car prices, Savings, Student loans. Details here

Gold rate in Delhi on December 23

On December 23, the gold rate in Delhi is Rs 76,330/10 grams. The gold was quoted at Rs 76,310/10 grams on December 22. The rate of 24-karat gold was Rs 76,900/10 grams a week ago. 

Silver rate in Delhi on December 23

The silver rate in Delhi was Rs 88,120/Kg on December 23. The price of silver was Rs 88,110/Kg on December 22. A week ago, silver was traded for a price of Rs 90,760/Kg.

Gold rate in Kolkata on December 23

The gold rate in Kolkata was Rs 76,330/10 grams, today, December 23. The glittering metal was selling for Rs 76,340/10 grams yesterday and was quoting for Rs 76,930/10 grams last week.

Silver rate in Kolkata on December 23

Today, the silver rate in Kolkata is Rs 88,160/Kg. The price of silver was Rs 88,140/Kg on December 22. Last week on December 16, the metal was trading at Rs 90,800/Kg.

Read More: Coal imports during Apr-Oct decrease by 3.1%

Gold rate in Chennai on December 23

On December 23, the gold rate in Chennai was Rs 76,680/10 grams. On December 22, it was quoted for Rs 76,670/10 grams. A week ago, the price of gold was Rs 77,260/10 grams in Chennai.

Silver rate in Chennai on December 23

The silver rate in Chennai today, December 23, is Rs 88,530/Kg. On December 22, the price of silver was Rs 88,520/Kg. The silver in Chennai was available to the customers for a price of Rs 91,180/Kg a week ago.

MCX Futures on December 23

The gold MCX futures contract with the expiry of February 05, 2025, was quoted for Rs 76,432 per 10 gm. While the futures contracts for silver with the March 2025 expiry on MCX futures were trading at Rs 88,443 per kg.

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