Gold Prices Plunge by Up to Rs 1,700, Silver Slides by Rs 5,000 as Bullion Market Weakness Continues
New Delhi, 23 October (H.S.): The decline in international gold and silver prices is being reflected in India’s domestic bullion market, where both precious metals witnessed a sharp fall during early trading on Friday. Gold prices dropped by Rs 1,
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New Delhi, 23 October (H.S.): The decline in international gold and silver prices is being reflected in India’s domestic bullion market, where both precious metals witnessed a sharp fall during early trading on Friday. Gold prices dropped by Rs 1,550 to Rs 1,700 per 10 grams, while silver declined by as much as Rs 5,000 per kilogram.

Following the latest price adjustments, 24-carat gold was trading at between Rs 1,44,370 and Rs 1,44,520 per 10 grams across most bullion markets in the country. Meanwhile, 22-carat gold was selling in the range of Rs 1,32,340 to Rs 1,32,490 per 10 grams. Silver prices also weakened, with the metal trading at Rs 2,24,900 per kilogram in the Delhi bullion market.

In Delhi, 24-carat gold was trading at Rs 1,44,520 per 10 grams, while 22-carat gold was priced at Rs 1,32,490 per 10 grams. In Mumbai, the country’s financial capital, 24-carat gold was selling at Rs 1,44,370 per 10 grams, while 22-carat gold stood at Rs 1,32,340 per 10 grams. In Ahmedabad, the retail price of 24-carat gold was recorded at Rs 1,44,420 per 10 grams, while 22-carat gold was priced at Rs 1,32,390 per 10 grams.

Among other major cities, 24-carat gold was selling at Rs 1,44,370 per 10 grams in Chennai, while 22-carat gold was priced at Rs 1,32,340 per 10 grams. Kolkata reported the same rates, with 24-carat gold trading at Rs 1,44,370 per 10 grams and 22-carat gold at Rs 1,32,340 per 10 grams. In Bhopal, 24-carat gold was priced at Rs 1,44,420 per 10 grams, while 22-carat gold was selling at Rs 1,32,390 per 10 grams.

In Jaipur, 24-carat gold was trading at Rs 1,44,520 per 10 grams, while 22-carat gold stood at Rs 1,32,490 per 10 grams. In Patna, the price of 24-carat gold was recorded at Rs 1,44,420 per 10 grams, with 22-carat gold selling at Rs 1,32,390 per 10 grams. In Lucknow’s bullion market, 24-carat gold was priced at Rs 1,44,520 per 10 grams, while 22-carat gold was trading at Rs 1,32,490 per 10 grams.

Gold prices also came under considerable pressure during early trading in Karnataka, Telangana and Odisha, mirroring the broader weakness across domestic bullion markets. In the state capitals of Bengaluru, Hyderabad and Bhubaneswar, 24-carat gold was trading at Rs 1,44,370 per 10 grams. The price of 22-carat gold in all three cities stood at Rs 1,32,340 per 10 grams.

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Hindusthan Samachar / Jun Sarkar


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