Gold and silver prices stay flat on October 13
In short
Gold and silver prices were flat on 13 October while investors waited for US inflation data. Mint Money said retail rates for 24K gold, 22K gold and 999 silver were being tracked in Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX updates.
The data may give clues on what the US Federal Reserve does with rates. The next move in gold and silver is still unknown.
What the reporting says
Gold and silver prices stayed flat on 13 October as investors waited for US inflation data for clues on Federal Reserve rates. Mint Money’s summary said retail 24K, 22K and 999 silver rates were being checked across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX updates. The immediate direction for precious metals remains unclear until the inflation release.
Why it matters
Gold and silver prices were unchanged on 13 October while markets looked ahead to US inflation data for clues on Federal Reserve policy. The report pointed to retail rates in major Indian cities and MCX updates, but did not give a detailed price move or a fresh trigger beyond waiting for the data. That leaves traders in precious metals without a clear near-term direction.