Gold Price Today, December 17: Yellow metal remains constant, holds Rs 54,000 on MCX — Check rates in Delhi, Mumbai and other cities

Gold Price Today, December 17: There was a perceived positive trend in gold prices on the Multi Commodity Exchange (MCX) on Saturday, December 17. The yellow metal was up by 0.40 percent and was seen comfortably holding the five-month high level of Rs 54,000 for a second successive day. However, silver showed some dullness today, and was last trading in red in the future market in the afternoon trade.

At 12:15 PM today, gold February's futures quoted Rs 54,325 per 10 grams, advanced over 0.40 percent. In contrast to this, Silver metal showed negativity and was trading down by 0.24 percent. The silver March futures were at Rs 67,655 per kg on December 17.

In Delhi, gold price rose Rs 107 to Rs 54,222 per 10 grams on Friday amid gains in prices of precious metal in overseas markets, as per an HDFC Securities statement quoted by PTI.

Gold Price City-wise In India as of December 17, 2022 for 24k:

Chennai- Rs 55,160

Mumbai- Rs 54,490

Delhi- Rs 54,640

Kolkata- Rs 54,490

Bangalore- Rs 54,540

Hyderabad- Rs 54,490

Kerala- Rs 54,490

Pune- Rs 54,490

Vadodara- Rs 53,830

Ahmedabad- Rs 54,540

Lucknow- Rs 54,640

Vijayawada- Rs 54,490

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Patna- Rs 54,540

Nagpur- Rs 54,490

Chandigarh- Rs 54,640

Surat- Rs 54,540

Bhubaneswar- Rs 54,490

Visakhapatnam- Rs 54,490

Nashik- Rs 54,540

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

On Friday, the rupee pared its early losses to close almost flat at 82.75 against the US currency supported by falling crude oil prices and forex inflows amid concerns over rising interest rates and inflation.