Gold and Silver Price Today (October 15): Gold prices drop for second day in a row

Gold prices edged lower for the second day in a row in major Indian cities on Tuesday, October 15, due to weak local demand and global trends. Gold prices eased by ₹50 per 10 grams in major Indian cities. The price of precious metal marginally changed in early Asian trade, which restricted its movement in the domestic market.

Spot gold was quoted flat at $2,650 per ounce on Tuesday in global markets as gains from a pullback in the US dollar were offset by concerns over the effectiveness of Chinese stimulus measures.

Gold Price Today in India (October 15, 2024)

In Delhi markets, 24K gold prices eased by ₹50 to ₹77,760 per 10 grams and 22K gold by ₹50 to ₹71,290 per 10 grams. Gold trading at record levels is hurting retail demand despite the ongoing festive season.

Below is a detailed breakdown of gold prices across key cities:

Gold Price Today in Major Cities:

Silver Price Today in India (October 15, 2024)

Silver prices traded flat at ₹96,900 per kg in major Indian cities in early trade on Tuesday. While the white metal was trading higher in global markets, weak demand from coin makers and industrial units kept the prices steady.

Spot Silver traded 0.29% higher at $31.28 per ounce in global markets.

Silver Price Today in Major Cities:

Comparison of Gold and Silver Prices This Week

Gold prices have eased after hitting record high levels over the weekend. Silver has also lost some momentum after hitting ₹97,000 per kg level.

Here’s a comparison of gold and silver prices from earlier this week: