Mumbai: Gold and silver prices in India recorded fluctuations on May 23, with retail rates varying across major metropolitan cities including Delhi, Mumbai, Bengaluru, Kolkata and Chennai. According to data cited by Livemint, the price of 24-carat gold continued to remain above the ₹97,000 mark for 10 grams in several markets, while 22-carat gold also traded at elevated levels amid ongoing global uncertainty.
The Multi Commodity Exchange of India (MCX) remains shut on Saturdays and Sundays, so live trading prices are not available at present. According to Friday’s closing data, gold prices stayed above the ₹1.5 lakh mark, though they witnessed a slight decline compared to recent trading sessions.
So, let us know the Gold prices in New Delhi-
- 24 karat gold rate- Rs.158,760/10 gm.
- 22 karat gold rate- Rs. 145,530/10 gm.
- Silver 999 Fine rate- Rs. 271,290/1 kg.
Rates of Gold Prices in Mumbai-
- 24 karat gold rate- Rs.159,030/10 gm.
- 22 karat gold rate- Rs. 145,778/10 gm.
- Silver 999 Fine rate- Rs. 271,750/1 kg.
Rates of Gold Prices in Bengaluru-
- 24 karat gold rate- Rs.159,160/10 gm.
- 22 karat gold rate- Rs. 145,897/10 gm.
- Silver 999 Fine rate- Rs. 271,970/1 kg.
Rates of Gold Prices in Kolkata-
- 24 karat gold rate- Rs.158,820/10 gm.
- 22 karat gold rate- Rs. 145,585/10 gm.
- Silver 999 Fine rate- Rs. 271,390/1 kg.
Rates of Gold Prices in Chennai-
- 24 karat gold rate- Rs.159,500/10 gm.
- 22 karat gold rate- Rs. 146,208/10 gm.
- Silver 999 Fine rate- Rs. 272,540/1 kg.
Meanwhile silver prices have been increased due to strong demand and currency fluctuations, rising from roughly Rs 78,600/kg in 2023-2024 to almost upto Rs 200,000/kg in early 2026.
Silver prices also remained firm across domestic markets. The rate for 999 purity silver was quoted at nearly ₹1,00,900 per kilogram in key cities, reflecting sustained investor interest in precious metals.
Market analysts believe that international economic conditions, fluctuations in the US dollar, and geopolitical tensions continue to influence bullion prices globally. Investors are also closely tracking signals from central banks and global economic data, which have contributed to volatility in the precious metals market.
Livemint reported that gold rates may continue to witness movement depending on global market trends and investor sentiment in the coming days. Retail prices may also differ slightly based on local taxes, making charges, and jeweller margins in different cities.
Also Read: RBI May Transfer Record Rs 3.5 Lakh Crore Dividend To Centre For FY27 Amid Rupee Volatility Gains
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