Gold-Silver Price Today: Gold and silver prices have increased, check today’s price immediately…

Business Desk – Gold-Silver Price Today: Bullion market has brought good news for both customers and investors. It is worth noting that on Saturday, May 23, 2026, gold and silver prices witnessed a significant decline due to global pressure and sluggishness in the domestic commodity markets. This fall in prices amid the current wedding season has brought a smile on the faces of jewelry buyers. Due to weak signals from the international market, both these precious metals became cheaper today.

Prices fell on COMEX

Selling pressure was clearly visible in the global market since Friday morning. On COMEX, gold prices fell 0.70% to $4,510.50 an ounce at 9:30 am. Similarly, silver was also trading with a weakness of 1.06% in the international market. Although the regular session of the Multi Commodity Exchange (MCX) had ended on Friday itself, the falling trend of both the metals continued till late night during electronic trading, especially till 10:38 pm.

condition of domestic market

In the domestic futures market, silver for July delivery closed at ₹272,200 per kg, registering a huge fall of ₹2,683. At the same time, there was a huge reduction of Rs 871 in the price of 10 grams of gold, after which this yellow metal was trading at Rs 158,735 per 10 grams.

According to experts, this fall in prices this wedding season can prove to be both economical and beneficial for Indian families.

Geopolitical tensions and the impact of the Strait of Hormuz

Market experts consider the reasons for this ups and downs in the bullion market to be global tension, instability of the Indian rupee and crude oil prices. Amid these developments, the United States has issued a warning saying that maritime traffic through the Strait of Hormuz should remain completely duty-free.

However, US Secretary of State Marco Rubio has indicated initial progress in talks with Iran, which has led to a slight recovery in prices. Despite this, investors are still cautious due to continuing tensions in the Strait of Hormuz.