Gold Slips Below Rs 1.50 Lakh Mark On October 13: 24k, 22k Rates In Chennai, Mumbai And Other Cities

Gold and silver prices traded slightly lower on Tuesday, October 13, in the domestic futures market, falling for the second consecutive day this week. On the Multi Commodity Exchange, the gold futures contract for December 4 delivery fell over 150 to 1,49,535 per 10 grams in early trade, below the Rs 1.50 lakh level. Meanwhile, the silver contract for December delivery fell by nearly 500, reaching Rs 2,22,400 per kilogram on MCX.

In the international market, gold prices escalated, while silver prices fell. In the last trading session, which was the first day of the week, global markets saw a rise. 

Gold, Silver Prices Recovered Later

The precious metal prices rebounded from early trade to trade in green after the first hour of opening. At around 10:40 AM, MCX Gold was trading at Rs 1,49,876, up Rs 333 or 0.22 per cent. MCX Silver was quoted at Rs 2,23,113, up Rs 236 or 0.11 per cent.

24k, 22k Gold Rates In Mumbai, Delhi And Key Cities