Gold, Silver Prices Today on March 23: Gold Hits 4-Month Low, Silver Drops 3%

Gold and silver started the week on a softer note, with prices edging lower in early trade. The dip comes amid global uncertainty around inflation, interest rates, and geopolitical tensions, all of which are influencing investor sentiment.

In the international market, gold has been under steady pressure. Prices have fallen for several sessions in a row, touching a near four-month low. Silver has followed a similar path, reflecting the broader weakness in precious metals.

How prices are moving in India

On the Multi Commodity Exchange of India, both metals opened with noticeable cuts. Gold saw a drop of around 5 percent, while silver declined by about 6 percent.

As per the latest rates:

24-carat gold is priced at Rs 1,45,960 per 10 grams
22-carat gold stands at Rs 1,33,790 per 10 grams
Silver is trading at Rs 2,44,900 per kg

Silver prices remain largely similar across major cities like Delhi, Mumbai, and Kolkata, while Chennai continues to report slightly higher rates.

Silver Prices in Major Cities

City-wise gold prices snapshot

Mumbai, Kolkata, Bengaluru, Hyderabad
24K gold: Rs 1,45,960
22K gold: Rs 1,33,790

Delhi
24K gold: Rs 1,46,110
22K gold: Rs 1,33,940

Chennai
24K gold: Rs 1,48,570
22K gold: Rs 1,36,190

Gold Prices in Major Cities