- Gold and silver prices fell amid weak demand and global concerns.
- Rising crude oil prices fueled inflation, suggesting higher interest rates.
- Geopolitical tensions, including Iran’s actions, added market caution.
Gold Silver Rate Today:Gold and silver prices declined on Thursday, weighed down by weak demand and unfavourable global cues, as rising crude oil prices and geopolitical tensions kept investors cautious.
On the Multi Commodity Exchange (MCX), gold futures for June delivery fell Rs 707, or 0.46 per cent, to Rs 1,51,950 per 10 grams, with a turnover of 564 lots. The drop came amid subdued spot demand and weakness in international markets.
Globally, gold futures were trading 0.83 per cent lower at $4,700.79 per ounce in New York, reflecting a broader softening trend in bullion.
Silver prices also remained under pressure, tracking gold and reacting to macroeconomic concerns.
Firm crude oil prices added to inflation concerns, raising the likelihood of interest rates staying elevated for longer. Higher oil costs typically increase production and transportation expenses, fuelling inflationary pressures.
While gold is often seen as a hedge against inflation, a high interest rate environment tends to reduce its appeal, as investors shift towards yield-bearing assets.
Market sentiment also remained cautious amid uncertainty surrounding stalled US-Iran negotiations. Tensions escalated after Iran seized two vessels in the Strait of Hormuz, a key global trade route, tightening its grip on regional shipping lanes.
The US has continued its naval blockade of Iranian maritime trade, while Iran signalled that any meaningful ceasefire would depend on lifting these restrictions.
With global risks and policy uncertainties in play, bullion markets are likely to remain volatile in the near term.
Also Read : Planning A Trip Abroad? You Still Cannot Skip This Step Before Leaving India
Gold Rates Across Major Cities In India On April 23
Gold Prices in Delhi Today (Per 1 Gram)
24 Karat – 15,370
22 Karat- 14,090
18 Karat- 11,531
Gold Prices in Chennai Today (Per 1 Gram)
24 Karat – 15,448
22 Karat- 14,160
18 Karat- 11,810
Gold Prices in Bengaluru Today (Per 1 Gram)
24 Karat – 15,355
22 Karat- 14,075
18 Karat- 11,516
Gold Prices in Mumbai Today (Per 1 Gram)
24 Karat – 15,355
22 Karat- 14,075
18 Karat- 11,516
Gold Prices in Pune Today (Per 1 Gram)
24 Karat – 15,355
22 Karat- 14,075
18 Karat- 11,516
Gold Prices in Kolkata Today (Per 1 Gram)
24 Karat – 15,355
22 Karat- 14,075
18 Karat- 11,516
Gold Price Today in Major Indian Cities
| City | 24k Gold Per Gram | 22k Gold Per Gram | 18k Gold Per Gram |
| Gold Rate in Hyderabad | 15,355 | 14,075 | 11,516 |
| Gold Rate in Ahmedabad | 15,360 | 14,080 | 11,521 |
| Gold Rate in Indore | 15,360 | 14,080 | 11,521 |
| Gold Rate in Lucknow | 15,370 | 14,090 | 11,531 |
| Gold Rate in Coimbatore | 15,448 | 14,160 | 11,810 |
| Gold Rate in Bhubaneswar | 15,355 | 14,075 | 11,516 |
| Gold Rate in Mysore | 15,355 | 14,075 | 11,516 |
| Gold Rate in Kanpur | 15,370 | 14,090 | 11,531 |
| Gold Rate in Salem | 15,448 | 14,160 | 11,810 |
| Gold Rate in Visakhapatnam | 15,355 | 14,075 | 11,516 |
| Gold Rate in Vijayawada | 15,355 | 14,075 | 11,516 |
| Gold Rate in Patna | 15,360 | 14,080 | 11,521 |
To check Silver price in India today, click here.
Also Read : Income Tax Calendar FY 2026-27: Your Month-By-Month Deadlines, Filing Dates To Stay Stress-Free
Silver Price Across Major Cities In India On April 23
Silver Price In Delhi Today
The current silver price in Delhi stands at Rs 260 per gram and Rs 260,000 per kg.
Silver Price In Chennai Today
The current silver price in Chennai stands at Rs 270 per gram and Rs 270,000 per kg.
Silver Price In Bengaluru Today
The current silver price in Bengaluru stands at Rs 260 per gram and Rs 260,000 per kg.
Silver Price In Mumbai Today
The current silver price in Mumbai stands at Rs 260 per gram and Rs 260,000 per kg.
Silver Price In Pune Today
The current silver price in Pune stands at Rs 260 per gram and Rs 260,000 per kg.
Silver Price In Kolkata Today
The current silver price in Kolkata stands at Rs 260 per gram and Rs 260,000 per kg.
Silver Price Today in Major Indian Cities
| City | Per Gram | Per KG |
| Silver Rate in Hyderabad | 270 | 270,000 |
| Silver Rate in Ahmedabad | 260 | 260,000 |
| Silver Rate in Indore | 260 | 260,000 |
| Silver Rate in Lucknow | 260 | 260,000 |
| Silver Rate in Coimbatore | 270 | 270,000 |
| Silver Rate in Bhubaneswar | 270 | 270,000 |
| Silver Rate in Mysore | 260 | 260,000 |
| Silver Rate in Kanpur | 260 | 260,000 |
| Silver Rate in Salem | 270 | 270,000 |
| Silver Rate in Visakhapatnam | 270 | 270,000 |
| Silver Rate in Vijayawada | 270 | 270,000 |
| Silver Rate in Patna | 260 | 260,000 |
To check Gold price in India today, click here.
