Gold price below Rs 51,000 on MCX - check rates in Delhi, Mumbai and other cities

Gold Price Today: Commodity markets were stable in the early trade. Gold prices inched higher on MCX as December Gold futures were trading at Rs 50402 per 10 grams, up by Rs 142 or 0.28 per cent. Likewise, Silver gained Rs 394 to trade at Rs 55620 per kg.

On the international market, Gold was quoting higher at USD 1,649.42 per ounce while silver was up by 0.73 per cent which is at USD 18.39 per ounce.

Trade call by IIFL securities 

Gold Dec contract

Sell: Rs 50,750

Stop Loss: Rs 51,000

Price Target: Rs 50,300

Silver Dec Contract 

Sell: Rs 56,000

Stop Loss: Rs 56,650

Price Target: Rs 55,200

Meanwhile, the rupee was stable at 82.39 against the US dollar in the morning trade. The international oil benchmark Brent crude futures surged 0.79 per cent to USD 94.35 per barrel.

Gold Price City-wise In India as of Oct 17, 2022 for 22k

Chennai- Rs 51,170 

Mumbai- Rs 46,460

Delhi- Rs 46,610 

Kolkata- Rs 46,460 

Bangalore- Rs 46,510

Hyderabad- Rs 46,460

Kerala- Rs 46,460 

Pune- Rs 45,490 

Vadodara- Rs 46,510

Ahmedabad- Rs 46,510 

Jaipur- Rs 46,610 

Lucknow- Rs 46,610 

Coimbatore- Rs 46,910 

Patna- Rs 45,490 

Nagpur- Rs 45,490

Surat- Rs 46,510 

Bhubaneswar- Rs 46,460 

Nashik- Rs 45,490 

Mysore- Rs 46,510

(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before investing/purchasing.)