Gold price today: Yellow metal in green territory - BUY call, check price target | Check rates in your city

Gold and Silver Rate Today: The yellow metal on Monday, October 3, showed strength as it advanced over 0.40 per cent on the MCX. The precious metal was seen comfortably holding the psychologically important level of Rs 50,000, up by 0.44 per cent to Rs 50415 per 10 grams.

Silver too maintained gains as it advanced over 1% in today's session and breached the level of Rs 57000. The Silver December futures were trading in green at Rs 57,425 per kg.

Gold October Futures BUY by Trade Bulls
Buy - Rs 50,250
Price target - Rs 50,500
Stop loss - Rs 50,100

Meanwhile, the rupee fell sharply against the American dollar on Monday in early trade, tracking a muted trend in domestic equities and risk-off sentiment among investors. The Indian currency weakened 38 paise to 81.78.

In the domestic equity market, the 30-share BSE Sensex was trading 66.60 points or 0.12 per cent lower at 57,360.32, and the broader NSE Nifty fell 12.90 points or 0.08 per cent to 17,081.45.

Gold rates city-wise today, October 3, for 22 Carat:

Chennai : Rs 47,050

Mumbai : Rs 46,850

Delhi : Rs 47,000

Kolkata : Rs 46,850

Bangalore : Rs 46,900

Hyderabad : Rs 46,850

Kerala : Rs 46,850

Ahmedabad : Rs 46,900

Lucknow : Rs 47,000

Patna : Rs 46,880

Chandigarh : Rs 47,000

Bhubaneswar : Rs 46,850

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