Gold, silver prices today (July 23): Check latest rates in Delhi, Mumbai, Kolkata, other cities

Gold and silver prices remained largely stable on July 23, as weakness in international bullion markets weighed on domestic rates. Gold prices hit ₹1.42 lakh, whereas silver rates also neared ₹2.20 lakh.

On the Multi Commodity Exchange (MCX), gold futures were down by around 0.31% at ₹1,45,230 per 10 grams, whereas silver futures rose by around 0.24% to ₹2,26,453 per kilogram.

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In the retail market, gold continues to be traded mainly in two purities, 24-karat and 22-karat. While 24-karat gold is regarded as the purest form of the precious metal, 22-karat gold is widely preferred for jewellery as it offers greater strength and durability due to the presence of alloyed metals.

Market participants will continue to track global economic data, US interest rate expectations and currency movements for further direction in precious metal prices.

Check the latest gold rates here

Check the latest silver rates here

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Gold rates at top jewellers

Gold prices at leading jewellery retailers rose slightly on 17 July 2026, with Joyalukkas and Malabar Gold & Diamonds both quoting ₹13,220 per gram across major Indian states. Tanishq's 22K gold rate stood at ₹13,275 per gram. Malabar's 24-carat gold rate stood at ₹14,422 per gram, while Tanishq's corresponding rate was ₹14,482 per gram.

The marginal differences in retail prices are influenced by brand-specific pricing policies, procurement costs, and regional market conditions, while overall bullion trends continue to guide gold prices.

*24K Tanishq rate estimated based on the prevailing purity premium over 22K gold.

Joyalukkas 22K Gold Rate by State