By Admin 
- In the international market, gold was priced at $4,522 and silver at $75.87 per ounce.
Gold-Silver Price Today May 23: The impact of the ongoing tension in the Middle East is being seen on many countries. In India too, inflation is increasing day by day, but meanwhile, the ongoing rise in gold prices in the country has now come to a halt. A fall in gold prices was seen on the morning of Saturday, May 23. If we talk about the capital Delhi, then the price of 24 carat gold has come down to Rs 1,59,630 per 10 grams. Whereas in Mumbai its price has been recorded at Rs 1,59,480 per 10 grams.
Let us tell you that a day ago, gold of 99.9 percent purity had fallen by Rs 600 to Rs 1,64,900 per 10 grams in Delhi’s bullion market. Even in the international market, spot gold is trading around $4,522.32 per ounce.
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Why was gold prices affected?
According to experts, investors remain cautious regarding America-Iran talks. The ongoing tension in the Middle East, the situation related to the Strait of Hormuz and fluctuations in global crude oil prices are affecting gold prices. Along with this, the instability of the Indian rupee is also affecting the gold rate.
Know the latest rates in your city
City 22 Carat Gold Price Today (₹) 24 Carat Gold Price Today (₹)
Delhi 146240 159630
Mumbai 146190 159480
Ahmedabad 146240 159530
Chennai 147790 161230
Kolkata 146190 159480
Hyderabad 146190 159480
Jaipur 146240 159630
Bhopal 146240 159530
Lucknow 146240 159630
Chandigarh 146240 159630
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Silver price also declined
Let us tell you that along with gold, silver prices have also declined. This morning i.e. 23rd May, silver has come down to Rs 2,84,900 per kg. Earlier in January this year, silver had also crossed the level of Rs 4 lakh per kg. In the international market, spot silver is trading around $75.87 per ounce.