Gold Prices Today In India On April 23: On Tuesday, April 23, 2024, both gold and silver prices declined on the Multi Commodity Exchange (MCX).
Due to weak global trends and easing tensions in West Asia, gold and silver prices fell from record-high levels in Delhi on Monday.
The price per 10 grams of gold was around Rs 73,000 on April 23, with pure gold (24-carat) trading at Rs 73,680 and 22-carat gold at about Rs 67,540.
The silver market, meanwhile, experienced a downward trajectory, reaching Rs 85,400 per kilogram.
Also Read: Gold Prices Today In India On April 21: Check Rates In Your City
Gold Prices Today In India On April 23
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Chennai | 68,440 | 74,660 |
| Kolkata | 67,540 | 73,680 |
| Gurugram | 67,690 | 73,830 |
| Lucknow | 67,690 | 73,830 |
| Bengaluru | 67,540 | 73,680 |
| Jaipur | 67,690 | 73,830 |
| Patna | 67,590 | 73,730 |
| Bhubaneshwar | 67,540 | 73,680 |
| Hyderabad | 67,540 | 73,680 |
Often called the retail gold price, the gold price in India represents the final price consumers pay for gold when they purchase it. This price is influenced by a number of factors beyond the intrinsic value of the metal itself.
A number of factors influence gold and silver prices in India, including the rupee’s value against the dollar, as well as global demand.
The MCX saw active trading on April 23, 2024, for gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 70,430 per 10 grams. Silver futures contracts expiring on May 3, 2024, were quoted at Rs 79,813 per 10 grams.
Due to its cultural significance, its value as an investment, and its traditional connection to weddings and festivals, gold carries great significance in India.
Stay tuned for more updates on this unfolding story as investors and traders keep a close eye on these developments.
Also Read: Gold And Silver Prices Today On April 22: Check Rates In Your Cities
