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Gold prices today: Check out rates in Mumbai, Delhi and Chennai

Global gold and silver prices are expected to fall sharply as US Fed rate cut expectations fade and tariff concerns ease. However, Mumbai gold rates stayed unchanged at Rs 1,25,550 for 10g of 24K gold. MCX gold futures slipped 1.19 per cent and silver fell 1.65% in early trade

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Representational Image. File Pic

Representational Image. File Pic

As the US Federal Reserve rate cut in December faded and concerns over US tariffs eased, the prices of gold and silver are expected to drop sharply in the global market. 

Despite the indications of global prices and the market for yellow metal going down in the next few weeks, the price of gold in Mumbai remained unchanged as compared to Tuesday. The price of 10 grams of 24-carat gold was recorded at Rs 1,25,550 on Wednesday. 

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