Gold price today slipped below Rs 50000 on MCX ahead of Dhanteras, Diwali - check rates in Delhi, Mumbai and other cities

Gold rate today: Gold price traded below 50,000 level on MCX as December Gold futures were quoting Rs 49,900 per 10 grams, up by Rs 243 or 0.48 per cent. Meanwhile, Silver was under pressure by Rs 503 to trade at Rs 56150 per kg.

On the international market, Gold was quoting flat at USD 1,621.65 per ounce while silver was flat by 0.76 per cent which is at USD 18.52 per ounce.

Trade call by Motilal Oswal 

Gold Dec contract 
Sell: Rs 50,100

Stop Loss: Rs 50,320

Price Target: Rs 49,750

Silver 
Sell: Rs 56,350

Stop Loss: 56,850

Target- 55,500

Meanwhile, the rupee was at 82.7625 against the US dollar in the morning trade. The international oil benchmark Brent crude futures surged 0.76 per cent to USD 93.06 per barrel.

Gold Price City-wise In India as of Oct 21, 2022 for 22k

Chennai- Rs 46,650

Mumbai- Rs 46,250

Delhi- Rs 46,350

Kolkata- Rs 46,250

Bangalore- Rs 46,300

Kerala- Rs 46,250

Pune- Rs 46,280

Vadodara- Rs 46,280

Ahmedabad- Rs 46,300

Lucknow- Rs 46,350

Coimbatore- Rs 46,650

Patna- Rs 46,280

Nagpur- Rs 46,280

Chandigarh- Rs 46,350

Surat- Rs 46,300

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