Gold and silver price today, 7 Oct: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities - Livemint

AI desk brief

Gold and silver eased in India and overseas on 7 Oct, with spot gold down 0.3% to $4,150.23/oz and US gold futures off 0.2% to $4,177.60, while MCX gold fell 0.33% to ₹149,780/10g and MCX silver lost 0.52% to ₹226,410/kg. The article links the softer move to ongoing Middle East uncertainty, as Iran’s stepped-up tanker attacks around the Strait of Hormuz keep a geopolitical risk premium in place despite the daily pullback.

Indian retail rates were broadly lower across major cities: 24K gold ranged from ₹149,320/10g in New Delhi to ₹149,960/10g in Chennai, while 999 silver ranged from ₹225,560/kg in New Delhi to ₹226,600/kg in Chennai.