Gold, silver prices today, 12 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 12 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

Gold and silver prices: The price of the yellow metal in India's retail market declined on Monday, 12 October, after US President Donald Trump said he is ‘going to look at’ joining Saudi Arabia in the fight against Iran-backed Houthis after deadly airport strikes.

Trump discussed with reporters outside White House that he is considering joining Saudi Arabia in its retaliation against Houthis in Yemen after a deadly attack on Riyadh’s main airport, a move that could draw the US further into a second front in the Iran war, and could cause more global turbulence, CNBC reported.

The People’s Bank of China added about 23 tonnes in September, its biggest monthly purchase in almost three years, according to State Administration of Foreign Exchange data, extending the longest purchasing streak since at least 2015, reported CNBC.