1 hr ago
Gold, Silver Prices Dip Across Indian Cities on September 15
Gold and silver prices in India fell a little on September 15.
The prices were listed for several cities, including New Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai.
Twenty-four-karat gold is the purest type listed.
Twenty-two-karat gold is often used for jewellery because it is stronger.
MCX gold was slightly cheaper during morning trading.
MCX silver also declined.
Oil prices rose after reported attacks involving the Houthis, Iran and Saudi Arabia.
These regional events added uncertainty to markets, while international gold prices changed very little.
Retail 24-karat and 22-karat gold prices declined marginally across major Indian cities on September 15.
MCX gold traded 0.06% lower at ₹151,830 per 10 grams around 9:43 am.
MCX silver futures fell about 0.39% to ₹231,670 per kilogram.
New Delhi recorded 24-karat gold at ₹151,380 per 10 grams and 999-fine silver at ₹231,220 per kilogram.
International oil and regional conflict developments added to market uncertainty, while spot gold remained little changed at $4,300.96 per ounce.
- Who
- Gold and silver traders and buyers in India were affected by the price movements.
- What
- Retail 24-karat gold, 22-karat gold and 999-fine silver prices declined marginally, while MCX contracts also traded lower.
- Where
- Indian markets, including New Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai; international markets were also referenced.
- When
- September 15; MCX prices were reported around 9:43 am, and international prices were cited at 0157 GMT.
- Why
- The article links the market uncertainty to the US-Iran conflict, reported Houthi strikes on Saudi Arabia, attacks on Gulf shipping and oil-supply disruptions.
Key facts
- MCX gold
- ₹151,830 per 10 grams, down 0.06% on September 15
- MCX silver
- ₹231,670 per kilogram, down about 0.39%
- Spot gold
- $4,300.96 per ounce, little changed at 0157 GMT
- New Delhi 24K gold
- ₹151,380 per 10 grams
- Mumbai 24K gold
- ₹151,621 per 10 grams
- Kolkata 24K gold
- ₹151,440 per 10 grams
- New Delhi 999 silver
- ₹231,220 per kilogram
Sources
Related news
Gold, Silver Rates Decline Across Indian Cities on September 10
Gold and Silver Prices Rise After Previous Day's Decline
Gold and Silver Rebound in India After September 2 Decline
Gold and Silver Rates Decline Across Indian Cities Today
Gold Rises While Silver Falls Across Indian Markets
Gold, Silver Prices Fall After Renewed US-Iran Strikes
Karnataka Minister Details Alleged Fake Drug Network Supplying Hospitals
Why Bengaluru’s Sri Prasanna Ganapati Temple Is Called Techie Ganesha
Three killed after milk tanker crashes family motorcycle in Karnataka
eMudhra Shares Surge 20% After LEIL Validation Partnership
