## Gold and Silver Prices Dip in India
The price of gold and silver witnessed a slight decline in early trade on Friday, April 19, 2023. According to the GoodReturns website, the price of 24-carat gold fell by Rs 10, with ten grams of the precious metal trading at Rs 73,790. Similarly, the price of silver declined by Rs 100, with one kilogram selling at Rs 86,400.
The price of 22-carat gold also dipped by Rs 10, with the yellow metal selling at Rs 67,640.
Mumbai, Kolkata, and Hyderabad: Rs 73,790 for ten grams of 24-carat gold.
Rs 73,940, Rs 73,790, and Rs 74,550 respectively for ten grams of 24-carat gold.
Rs 67,640 for ten grams of 22-carat gold.
Rs 67,790, Rs 67,640, and Rs 68,340 respectively for ten grams of 22-carat gold.
Delhi, Mumbai, and Kolkata: Rs 86,400 for one kilogram of silver.
Rs 89,900 for one kilogram of silver.
US gold prices rose on Friday, April 19, 2023, on track for their fifth weekly gain. Investors gravitated towards safe-haven assets as political uncertainty in the Middle East overshadowed pressures from the prospect of higher-for-longer US interest rates.
Spot gold was up 0.4% at $2,388.49 per ounce, as of 0111 GMT. US gold futures edged 0.2% higher to $2,403.30 per ounce. Bullion rose 3% so far this week.
Spot silver rose 0.7% to $28.41 per ounce, platinum was up 0.6% at $940.70, while palladium fell 0.6% at $1,016.25.