Gold lost its shine on Chhath Puja, silver also took a break, know the latest rates of your city

Gold Price Today: A decline in gold prices in the domestic futures market is also seen on Monday’s trading day. On Multi Commodity Exchange (MCX), gold futures with expiry of December 5 opened at Rs 1,22,500 (per 10 grams) on Monday, October 27. On its last trading day, gold on MCX had closed trading at Rs 1,23,451.

At around 10:10 am, gold with expiry of December 5 was trading at Rs 1,22,150 on MCX. Which shows a decline of about Rs 1300 from the previous day’s closing price. MCX Gold had reached a low level of Rs 1,21,822 in the initial trade itself.

At the same time, a decline in silver prices is also being recorded on MCX on Monday. On October 27, silver with expiry of December 5 opened trading at Rs 1,42,910. Till the time of writing the news, silver was trading at Rs 1,46,000. Which shows a decline of about Rs 1400 compared to the previous close.
Gold price in your city (as per Good Returns,

Gold price in Delhi (per 10 grams)

24 carat – Rs 1,24,630
22 carat – Rs 1,14,250
18 carat – Rs 93,510

Gold price in Mumbai (per 10 grams)

24 carat – Rs 1,24,480
22 carat – Rs 1,14,100
18 carat – Rs 93,360

Gold price in Chennai (per 10 grams)

24 carat – Rs 1,24,910
22 carat – Rs 1,14,500
18 carat – Rs 95,750

Gold price in Kolkata (per 10 grams)

24 carat – Rs 1,24,480
22 carat – Rs 1,14,100
18 carat – Rs 93,360

Gold price in Ahmedabad (per 10 grams)

24 carat – Rs 1,24,530
22 carat – Rs 1,14,150
18 carat – Rs 93,410

Gold price in Lucknow (per 10 grams)

24 carat – Rs 1,24,630
22 carat – Rs 1,14,250
18 carat – Rs 93,510

Both gold and silver are precious metals. Indians consider their purchase auspicious. The rise in gold prices in the last few years has made it difficult for common people to buy gold. However, its prices have come down since Diwali.

In such a situation, there is also an opportunity for investors and common people to buy gold. Investors have been buying gold from the very beginning. They believe that gold protects them from global market fluctuations. Therefore investors place their bets on gold.

Also read: Indian stock market moves fast, Sensex jumps 308 points, Nifty crosses 25,885