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Gold, silver prices drop to 4-month low amid Iran-US war: Check city-wise rates

Posted on: Mar 23, 2026 10:15 IST | Posted by: Hindustantimes
Gold, silver prices drop to 4-month low amid Iran-US war: Check city-wise rates
GOlder prices in republic of india feature declined despite the geopolitical tensions triggered by the state of war betwixt the US and Iran in the Middle East region. The slump in the rates is being attributed to a margin call environment, where investors are selling profitable gold positions to cover losses in equities, as per analysts cited by ANI. Here are city wise gold and silver rates in India on Monday, March 23, 2026: Delhi: In the national capital, the gold rates for 22 carat gold stood at ₹1,25,467.27 per 10 gram. Mumbai: The gold rates for 22 carat gold in Mumbai on Monday stood at ₹1,25,592.74 per 10 gram. Chennai: For 22 carat gold in Chennai, the rates stood at ₹1,26,596.47 per 10 gram. Kolkata: For 22 carat gold in Kolkata, the rates stood at ₹1,26,471.01 per 10 gram.Globally, the gold prices slipped more than 2% on Monday, extending their drop to a roughly four-month low. Spot gold was down 2.5% at $4,372.86 per ounce, as of 0238 GMT. The metal, which fell on Monday to its lowest level since January 2, lost more than 10% last week, Reuters reported.

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