Gold price today: Yellow metal remains weak, Silver flat around Rs 57,000 | Check rates in your city on September 21

Gold and Silver Rate Today: The yellow metal price remained under pressure on Wednesday, September 21 and was trading below Rs 50,000. The rupee also continues to depreciate.

On Multi Commodity Exchange (MCX), the Gold October futures were trading 0.06 per cent lower at Rs 49,274 per 10 grams on the third day of the week.

Opposite to this, Silver continues to trade in green. December futures were trading up at Rs 56,575 per kg. The metal was up by 0.41 per cent at 11:30 am.

As investors await the US Fed's policy decision on interest rates for further cues, the rupee depreciated by 8 paise to 79.82 against the US dollar in opening trade on Wednesday, as per PTI report.

Investors are awaiting the Federal Open Market Committee (FOMC) decision on interest rates this evening, Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors said, adding 75 basis points hike is factored in by the market but a 100 basis points rise will be a huge guidance and will take the dollar index higher.

On the domestic equity market front, the 30-share BSE Sensex was trading 23.85 points or 0.04 per cent higher at 59,743.59, while the broader NSE Nifty was up by 2.05 points or 0.01 per cent to 17,818.30, said PTI.

Gold rates city-wise today, September 21, for 22 Carat:

Chennai : Rs 46,200

Mumbai : Rs 45,800

Delhi : Rs 45,950

Kolkata : Rs 45,800

Bangalore : Rs 45,850

Hyderabad : Rs 45,800

Kerala : Rs 45,800

Ahmedabad : Rs 45,850

Lucknow : Rs 45,950

Patna : Rs 45,830

Chandigarh : Rs 45,950

Bhubaneswar : Rs 45,800

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