Gold, Silver Prices Today: After gold prices ticked lower in the international market on Thursday following the release of the minutes from the Federal Reserve’s latest policy meeting, the prices of gold and silver declined sharply on the Multi Commodity Exchange (MCX) on Thursday. Gold futures, maturing on April 5, fell by 0.18% or Rs 103 and stood at Rs 56,065 per 10 grams at around 8.37 am.
Likewise, silver futures, maturing on March 3, declined sharply in teh early trade with the metal falling by 0.99% or Rs 625 to remain at Rs 65, 400 per kg on the MCX.
The yellow metal was at 56,168 per 10 grams and silver at Rs 66,052 when the market closed on Wednesday.
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Gold (24 karat) prices (10 grams) in Delhi, Mumbai, key Indian cities today (February 23, 2023)
Delhi – Rs 56,880 as against Rs 56,880 yesterday
Mumbai – Rs 56,730 as against Rs 56,730 yesterday
Chennai – Rs 52,800 as against Rs 52,800 yesterday
Kolkata – Rs 56,950 as against Rs 56,950 yesterday
Bangalore – Rs 56,780 as against Rs 56,780 yesterday
Ahmedabad – Rs 56,780 as against Rs 56,780 yesterday
Hyderabad – Rs 56,730 as against yesterday’s Rs 56,730
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Silver prices (1 kg) in Delhi, Mumbai and key Indian cities today (February 23, 2023)
Delhi – Rs 69,000 as against yesterday’s Rs 69,000
Mumbai – Rs 69,000 as against yesterday’s Rs 69,000
Chennai – Rs 71,800 as against yesterday’s Rs 71,800
Kolkata – Rs 69,000 as against yesterday’s Rs 69,000
Bangalore – Rs 71,800 as against yesterday’s Rs 71,800
Ahmedabad – Rs 69,000 as against yesterday’s Rs 69,000
Hyderabad- Rs 71,800 as against yesterday’s Rs 71,800
Gold prices in international markets
Gold price was on the lower side on Thursday after minutes from the Federal Reserve’s latest policy meeting indicated that the US central bank would likely keep interest rates higher for longer to check high inflation.
Spot gold dropped 0.1% at $1,823.69 per ounce, as of 0039 GMT while U.S. gold futures declined 0.5% to $1,833.10.
Spot silver was little changed at $21.51 per ounce, platinum fell 0.3% to $945.84 and palladium edged 0.2% lower to $1,479.59, reported Economic Times.
