Gold Price Today, November 22: Yellow metal below Rs 53,000, silver above 1% on MCX — Check rates in Delhi, Mumbai and other cities

Gold Price Today: After witnessing several months high last week, gold is finally showing signs of abating its rally this week. On Multi Commodity Exchange (MCX) on Tuesday, the yellow metal was trading below the level of Rs 53,000 per 10 grams (24 carat). Silver was above 1% in the afternoon trade on November 22.

Near 3:30 PM, both the metals were trading in green. The Gold December's future quoted Rs 52,445 per 10 grams, up by 0.29 percent. While Silver December futures were trading at Rs 61,290 per kg, up by 1.08 percent.

Amid the appreciation in rupee, gold price in Delhi rose Rs 30 to Rs 52,731 per 10 grams on the second day of the week, according to HDFC Securities. Silver also climbed Rs 856 to Rs 61,518 per kilogram.

According to PTI, the precious metal had touched Rs 52,701 per 10 grams in the previous trade.

"COMEX gold is trading around USD 1,740 as the dollar edged lower and traders await the Federal Reserve's minutes due tomorrow for hints on the central bank's monetary policy tightening path," Dilip Parmar, Research Analyst at HDFC Securities, said.

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In the international market, gold was up at USD 1,741.95 per ounce while silver was trading higher at USD 21.05 per ounce, as per PTI report.

Gold Price City-wise In India as of November 22, 2022 for 24k:

Chennai- Rs 53,510

Mumbai- Rs 52,750

Delhi- Rs 52,900

Kolkata- Rs 52,750

Bangalore- Rs 52,750

Hyderabad- Rs 52,750

Kerala- Rs 52,750

Pune- Rs 52,750

Vadodara- Rs 52,780

Ahmedabad- Rs 52,800

Lucknow- Rs 52,900

Vijayawada- Rs 52,750

Patna- Rs 52,780

Nagpur- Rs 52,750

Chandigarh- Rs 52,900

Surat- Rs 52,800

Bhubaneswar- Rs 52,750

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Visakhapatnam- Rs 52,750

Nashik- Rs 52,750

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

In early trade on Tuesday, the rupee appreciated 14 paise to 81.65 against the US dollar as the American currency retreated from its elevated levels, according to PTI.

(With the inputs of PTI)