Gold and Silver Rate Today: Yellow metal price declines for 4th day | Check rates in your city on September 15

Gold and Silver Rate Today: The prices of gold and silver metal declined for the fourth day on the Multi Commodity Exchange (MCX). The Gold October futures were trading in red at 0.54 per cent low at Rs 49,750 per 10 grams. Likewise, the Silver December futures were also trading in red at Rs 56,820 per kg. The metal was down by 0.29 per cent on September 15 at 10:30 am.

Early on Thursday, the rupee traded in a narrow range as a strong dollar and concerns about hawkish US Federal Reserve offset the support from positive domestic equities, as per PTI report.

"Asian currencies are still on the weaker side against USD which will not allow the rupee to gain much against the dollar. The range for the day is expected between 79.30 to 79.80 as the market braces for a 75 basis points rate hike by FED," said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors.

India's trade deficit was wider though export figures were also revised to slightly higher. "Trade deficit still remains a matter of concern for the country," Bhansali said.

The 30-share BSE Sensex was up 275.51 points, or 0.46 percent, at 60,622.48 on the domestic equity market. Similar to this, the broader NSE Nifty increased by 36.15 points or 0.2 percent to 18,039.90, said PTI.

Here are the indicative price of 22 Carat Gold Today, September 15, 2022, in major Indian cities (except GST, TCS, and other levies):

Chennai : Rs 46,800

Mumbai : Rs 46,200

Delhi : Rs 46,350

Kolkata : Rs 46,200

Bangalore : Rs 46,250

Hyderabad : Rs 46,200

Kerala : Rs 46,200

Ahmedabad : Rs 46,250

Lucknow : Rs 46,350

Patna : Rs 46,230

Chandigarh : Rs 46,350

Bhubaneswar : Rs 46,200

(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before investing/purchasing.)

(With the inputs of PTI)