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

Gold rate today: Gold traded flat on MCX as December Gold futures quoted a price of Rs 50485 per 10 grams, up by Rs 12 or 0.02 per cent. Meanwhile, Silver gained momentum and inched higher at Rs 327 to trade at Rs 56634 per kg.

On the international market, Gold was quoting higher at USD 1,659.40 per ounce while silver was up by 0.96 per cent which is at USD 18.86 per ounce.

Trade call by Tradewell securities 

Silver Dec Contract 

Buy: Rs 56,300

Stop Loss: Rs 55,900

Price Target: Rs 56,900

Meanwhile, the rupee surged 30 paise at 82.06 against the US dollar in the morning trade. The international oil benchmark Brent crude futures surged 0.72 per cent to USD 92.28 per barrel.

Gold Price City-wise In India as of Oct 18, 2022 for 22k

Chennai- Rs 47,050 

Mumbai- Rs 46,420 

Delhi- Rs 46,570

Kolkata- Rs 46,420

Bangalore- Rs 46,470

Kerala- Rs 46,420 

Pune- Rs 46,450 

Vadodara- Rs 46,450 

Ahmedabad- Rs 46,470 

Lucknow- Rs 46,570 

Coimbatore- Rs 47,050 

Vijayawada- Rs 46,420 

Patna- Rs 46,450 

Nagpur- Rs 46,450 

Chandigarh- Rs 46,570

Surat- Rs 46,470 

Bhubaneswar- Rs 46,420 

Nashik- Rs 46,450 

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