July 13, 2023 , Gold, silver price Precious metals record hike on MCX | Check latest rates here

Gold Price 13 July 2023: Both gold and silver are trading on the higher side . Check the latest city-wise prices here.

Today update Gold , Silver Price major city

CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 54,600 Rs 73,400
MUMBAI Rs 54,450 Rs 73,400
KOLKATA Rs 54,450 Rs 73,400
CHENNAI Rs 54,820 Rs 77,100


 INTERNATIONAL MARKET Gold & silver price

Gold prices advanced to a near one-month high on Thursday, supported by a softer U.S. dollar, after U.S. inflation data raised hopes that the Federal Reserve would soon stop tightening its monetary policy, news agency Reuters reported.

According to the latest metal report, spot gold was up 0.1 per cent to $1,959.79 per ounce by 0241 GMT, hitting its highest since June 16. Meanwhile, U.S. gold futures ticked up 0.1 per cent to $1,964.30.

“Gold could go higher, closer to the $2,000 mark, however, chances of prices coming down is more likely this quarter, and thus $1,800 remains a possibility,” Lan said.

Recent hawkish comments from policymakers have weighed on gold, with bullion down more than $100 since its May highs.

Among other precious metals, spot silver rose 0.3 per cent to $24.2163 per ounce.

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