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

Gold Price Today: Gold prices on Friday edged lower after the US consumer prices increased more than expected in September. MCX December Gold futures were trading at Rs 50810 per 10 grams, down by Rs 74 or 0.15 per cent. Silver, on the other hand, defended Rs 57000 level. Silver was seen trading at Rs 57216 per kg.

In the international market, Gold was quoting higher at USD 1,666.62 per ounce while silver was up by 0.49 per cent which is at USD 18.96 per ounce.

GOLD BUY CALL by Tradewell Securities

Gold Dec contract

Buy: Rs 50,700

Stop Loss: Rs 50,500

Price Target: Rs 51,000

Meanwhile, the rupee surged 7 paise to 82.28 against the US dollar in the morning trade. The international oil benchmark Brent crude futures fell 0.05 per cent to USD 94.52 per barrel.

Gold Price City-wise In India as of Oct 14, 2022 for 22k

Chennai Rs 47,600 

Mumbai- Rs 46,750 

Delhi- Rs 46,900

Kolkata- Rs 46,750 

Bangalore- Rs 46,800 

Hyderabad Rs 46,750 

Kerala- Rs 46,750 

Pune- Rs 46,780 

Vadodara- Rs 46,780 

Ahmedabad- Rs 46,800  

Lucknow- Rs 46,900 

Patna- Rs 46,780 

Nagpur- Rs 46,780 

Chandigarh- Rs 46,900 

Surat- Rs 46,800

Bhubaneswar- Rs 46,750 

Mangalore-Rs 46,800

Nashik- Rs 46,780

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