At the Multi Commodity Exchange (MCX), gold futures slated to expire on April 5 edged lower by Rs 171 to Rs 55,416 per 10 grams (24-carat) on Saturday.
Likewise, the silver price also came down by Rs 600 on MCX, quoting Rs 70,900 per kg on Saturday.
Internationally, gold prices dropped to their lowest in eight weeks on Friday amid stronger dollar and bond yields as the market braced for more interest rate hikes by the US Fed in the coming months. Spot gold fell 0.6 percent to $1,810.89 per ounce, having touched its lowest since December 30, at $1,808.7. US gold futures slipped 0.5 percent to settle at $1,817.70.
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Gold (24 karat) prices (10 grams) in Delhi, Mumbai and key Indian cities today (February 25, 2023)
Delhi – Rs 56,330 as against yesterday’s Rs 56,610
Mumbai – Rs 56,180 as against yesterday’s Rs 56,510
Chennai – Rs 56,840 as against yesterday’s Rs 57,110
Kolkata – Rs 56,180 as against yesterday’s Rs 56,510
Bangalore – Rs 56,230 as against yesterday’s Rs 56,560
Ahmedabad – Rs 56,230 as against yesterday’s Rs 56,560
Hyderabad- Rs 56,180 as against yesterday’s Rs 56,510
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Silver prices (1 kg) in Delhi, Mumbai and key Indian cities today (February 25, 2023)
Delhi – Rs 67,500 as against yesterday’s Rs 68,300
Mumbai – Rs 67,500 as against yesterday’s Rs 68,300
Chennai – Rs 70,000 as against yesterday’s Rs 70,900
Kolkata – Rs 67,500 as against yesterday’s Rs 68,300
Bangalore – Rs 71,800 as against yesterday’s Rs 71,800
Ahmedabad – Rs 67,500 as against yesterday’s Rs 68,300
Hyderabad- Rs 70,000 as against yesterday’s Rs 70,900
