Last week, tensions in the Middle East escalated amid attacks and persistent disruptions in the Strait of Hormuz, driving oil prices higher. Meanwhile, President Trump removed additional tariffs—reaching up to 100%—that had been imposed on major buyers of Russian energy. Against this backdrop, the third day of the trading week has seen a decline in the prices of gold and silver, a trend observed in both global and domestic markets. Let’s take a look at the latest rates for today.

How much did prices fall in the international market?
In the international market—specifically on the COMEX—prices for both gold and silver saw a decline on October 21, the third day of the trading week. Around 9:00 AM, the price of gold on the COMEX fell by 0.06%, reaching $4,149.20 per ounce. Silver prices on the COMEX dropped by 0.54%, trading at $57.685 per ounce.

What are the prices of gold and silver in the domestic market?
A decline in the prices of both gold and silver has been observed in the domestic market. Upon the market opening, gold was seen trading at approximately ₹1.46 lakh per 10 grams, while silver was trading at around ₹2.10 lakh per kilogram.

How is gold trading on the MCX?
On the Multi Commodity Exchange (MCX), gold for December delivery fell by ₹270, trading at ₹1,46,500 per 10 grams. Silver, meanwhile, saw a decline of ₹1,144, reaching a price of ₹2,10,897 per kilogram.

Check bullion market rates before making a purchase.
As the market opened today, both gold and silver prices saw a decline. Currently, 24-carat gold is trading at approximately ₹146,560 per 10 grams, while 22-carat gold is hovering around ₹134,347 per 10 grams. Meanwhile, 18-carat gold is trading at nearly ₹109,920 per 10 grams. In the bullion market, silver is trading at approximately ₹210,800 per kilogram.

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