Gold, Silver Rate Today May 23:Gold and silver prices stayed kinda volatile on Friday, May 23 , while investors kept an eye on what was happening in the global bullion market, how the US dollar was moving, and the latest geopolitical cues. At the Multi Commodity Exchange (MCX), gold futures edged a bit down, and silver prices faced extra pressure after those recent peaks. Meanwhile, international spot gold also remained stuck in a narrow range as traders waited for cues from the US Federal Reserve and the next set of global inflation numbers.
According to commodity market data, MCX Gold June futures were trading near ₹1.59 lakh per 10 grams, while MCX Silver July futures hovered around ₹2.71 lakh per kilogram during the latest session.
MCX Gold, Silver Prices Today
On the domestic futures market, gold prices looked a bit weak after that strong rally earlier this month softening in the session. Silver also drifted lower, more like investors were abit cautious and paced themselves.
MCX Rates Today
- MCX Gold Futures (June 2026): ₹1,59,167 per 10 grams
- MCX Silver Futures (July 2026): ₹2,73,510 per kilogram
- MCX Silver Spot Trend: ₹2,71,652 per kilogram during intraday trade
Market experts said volatility is still high, mainly because crude oil keeps moving around, the US dollar index swings, and global tensions in the Middle East continue in the background.
Gold, Silver Rate Today May 23
24K Gold Price (10 gm)
- Delhi: ₹1,55,000
- Mumbai: ₹1,54,800
- Chennai: ₹1,53,000
- Bengaluru: ₹1,54,500
- Kolkata: ₹1,54,900
- Hyderabad: ₹1,54,700
Silver Rate Today in India
Silver prices remained under pressure after witnessing sharp gains in recent sessions. Retail silver prices in major Indian cities were trading around ₹2,85,000 per kilogram.
- Silver Price Per Gram: ₹285
- Silver Price Per Kilogram: ₹2,85,000
Experts believe industrial demand and global economic uncertainty continue to influence silver’s trajectory in the near term.
Gold, Silver Prices Today May 21: Latest MCX Gold Trend and City-Wise Rates
Global Gold Prices Today
In international markets, spot gold prices traded cautiously as investors monitored US inflation data and Federal Reserve commentary. COMEX gold remained above the psychologically important level of $4,500 per ounce, while silver prices also stayed volatile.
International Bullion Rates
- Spot Gold: Around $4,540–$4,630 per ounce
- COMEX Silver: Around $76 per ounce
Gold Price Outlook
Market experts remain divided on the short run picture for bullion prices. Some analysts think gold might keep to a sideways range after those recent record highs, while other folks expect safe haven demand to lift prices if geopolitical frictions keep getting worse, or at least more loud.
For anyone looking to act, it’s wise to watch MCX movement, track overseas bullion quotes, and also listen to central bank policy announcements, before they decide on any new trades or positions.
