Gold, silver prices today, 21 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata - Livemint

AI desk brief

Gold fell for a fourth straight session as rising oil prices stoked inflation चिंता and investors looked ahead to next week’s Fed meeting and PCE inflation data. Spot gold was down 0.2% at $4,118.18/oz and December Comex gold fell 0.2% to $4,136.20/oz; silver also weakened, with spot silver off 0.9% at $57.44/oz.

Markets are pricing a 16% chance of a rate hike at the Fed’s Oct. 27–28 meeting and about 90% odds of another hike in December, a setup that keeps real-rate pressure on non-yielding metals near term. The dollar index also stabilized after recent losses, adding to the headwind. In India, MCX gold was down 0.40% at ₹145,939/10 g and MCX silver fell 0.94% to ₹209,494/kg, while retail 24K gold prices ranged from ₹145,740/10 g in Delhi to ₹146,660/10 g in Chennai.