Gold rate on December 23: Latest updates

Know the latest gold prices in major Indian cities...

Zee Media Bureau

Gold prices plunged by Rs 140 to Rs 25,610 per ten grams at Delhi bullion market Wednesday on reduced demand from stockists and jewellers at existing levels on the back of lower global cues.

However, silver held steady at Rs 34,100 per kg on scattered support from industrial units.

At the Multi Commodity Exchange (MCX), gold for delivery in February traded lower by Rs 97 to Rs 25,154 per ten
grams.

Globally, gold steadied holding within a narrow range in thin pre-holiday European trade, as fresh strength in the dollar and stock markets kept it under pressure towards year-end.

In London, spot gold was quoting little changed from its overnight losses at USD 1,071.50 an ounce in early trade, while silver was trading flat at USD 14.25 an ounce.

Mumbai

Standard gold (99.5 purity) fell by Rs 90 per 10 grams to end at Rs 25,195 from Tuesday's closing level of Rs 25,285. Pure gold (99.9 purity) also declined by a similar margin to finish at Rs 25,345 per 10 grams as against Rs 25,435 previously.

Silver (.999 fineness) also moved down by Rs 25 to conclude at Rs 34,460 per kg as compared to Rs 34,485.

Gold latest prices in other major Indian cities:

Bengaluru: Gold: Rs 25,651 per 10 grams; Silver: Rs 34,500 per kg

Kolkata: Gold: Rs 25,555 per 10 grams; Silver: Rs 33,950 per kg

Chennai: Gold: Rs 25,530 per 10 grams; Silver: Rs 34,055 per kg

Hyderabad: Gold: Rs 26,000 per 10 grams; Silver: Rs 35,500 per kg