Gold prices in India witnessed a notable decline on Wednesday, April 23, with both 22-carat and 24-carat variants retreating from their all-time highs. According to data compiled by FXStreet, gold prices dropped sharply across all unit measurements and cities.
The 24-carat gold rate slipped by ₹3,000 to settle at ₹98,350 per 10 grams, while 22-carat gold fell ₹2,750 to ₹90,150 per 10 grams. Additionally, 18-carat gold is now priced at ₹73,700 per 10 grams, down ₹2,250 from its previous level.
On a per gram basis, gold stood at ₹9,163.75, falling from ₹9,272.21 a day earlier. The price per tola dropped to ₹1,06,883 from ₹1,08,148.30. For bulk buyers, 100 grams of 22-carat gold now cost ₹9,01,500, down ₹27,500, while 24-carat gold fell to ₹9,83,500.
On the Multi Commodity Exchange (MCX), gold futures maturing on June 5, 2025, dropped by 1.48% to ₹95,898. Silver futures (expiring May 5, 2025) also declined by 0.29%, trading at ₹95,598.
City-wise gold rates for April 23:
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Chennai: 22K – ₹90,150 | 24K – ₹98,350
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Mumbai: 22K – ₹90,150 | 24K – ₹98,350
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Delhi: 22K – ₹90,150 | 24K – ₹98,350
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Kolkata: 22K – ₹90,150 | 24K – ₹98,350
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Bangalore: 22K – ₹90,150 | 24K – ₹98,350
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Hyderabad: 22K – ₹90,150 | 24K – ₹98,350
Disclaimer: Gold rates are subject to change based on market trends and international pricing. Please check with your local jeweller for precise rates before buying.
