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Gold, Silver Prices Today: MCX gold, silver rates gain amid US fiscal concerns | Check city-wise rates
MCX Gold Rate Today: The COMEX gold price was trading at around $3,317.3 per troy ounce in the international market. The spot gold price at 11:00 am was around $3,320.58 per ounce, up by around 0.70 per cent.
Mumbai, May 22, 2025:
Gold and silver futures continued their upward momentum for the third consecutive day in the domestic market, driven by growing concerns over the US fiscal deficit and rising treasury yields on Wall Street.
Gold Prices on MCX
The June 5 gold contract on the Multi Commodity Exchange (MCX) opened with a slight gain of Rs 21 at Rs 95,557 per 10 grams, rising further to a high of Rs 96,049 — a gain of Rs 513 from the previous close of Rs 95,536. At the time of reporting, gold was trading at Rs 96,040, up Rs 504 (0.53%).
Silver Prices on MCX
Silver futures for the July 4 contract started at Rs 97,897 per kg, gaining Rs 101 from the previous close of Rs 97,796. The price peaked at Rs 98,269 — an increase of Rs 473. Silver was last seen trading at Rs 98,121, up Rs 325 (0.33%).
International Gold Prices
COMEX gold was trading near $3,317 per troy ounce, while the spot price stood at approximately $3,320.58, up around 0.70%.
City-wise Gold & Silver Prices (May 22, 2025)
| City | Gold (24K) Rs/10g | Gold (22K) Rs/10g | Silver Rs/kg |
|---|---|---|---|
| Delhi | 97,680 | 89,550 | 1,00,000 |
| Mumbai | 97,530 | 89,400 | 1,00,000 |
| Kolkata | 97,530 | 89,400 | 1,00,000 |
| Chennai | 97,530 | 89,400 | 1,11,000 |
Summary:
Gold and silver prices are on a steady rise in the Indian market, influenced by international fiscal concerns.