Gold Price Today: There is a tremendous rise in gold prices in the domestic future market on Friday. Gold futures with expiry of December 5 on Multi Commodity Exchange (MCX) opened at Rs 1,31,026 (per 10 grams) on Friday. On Thursday, gold on MCX had closed trading at Rs 1,29,852.

At 10 am on October 17, gold with expiry of December 5 was trading at Rs 1,31,840 on MCX. Which is an increase of about Rs 1900 from the previous day’s closing price. MCX Gold had reached a high level of Rs 1,32,294 in early trade. Gold prices are increasing due to increasing domestic demand.

Gold price in your city (as per good returns)

Gold price in Delhi (per 10 grams)

24 carat – Rs 1,32,920
22 carat – Rs 1,21,850
18 carat – Rs 97,220

Gold price in Mumbai (per 10 grams)

24 carat – Rs 1,32,770
22 carat – Rs 1,21,700
18 carat – Rs 99,580

Gold price in Chennai (per 10 grams)

24 carat – Rs 1,33,090
22 carat – Rs 1,22,000
18 carat – Rs 1,01,000

Gold price in Kolkata (per 10 grams)

24 carat – Rs 1,32,770
22 carat – Rs 1,21,700
18 carat – Rs 99,580

Gold price in Ahmedabad (per 10 grams)

24 carat – Rs 1,32,820
22 carat – Rs 1,21,750
18 carat – Rs 99,630

Gold price in Lucknow (per 10 grams),

24 carat – Rs 1,32,920
22 carat – Rs 1,21,850
18 carat – Rs 99,730

Festive season is going on. Dhanteras and Diwali are coming. In such a situation, the rising prices of gold have put people in tension. Indians consider buying gold auspicious during Dhanteras and Diwali and purchase this yellow metal. However, due to high prices this year, people may reduce the purchase of gold.

Gold has cultural significance in India and has been associated with Indians for centuries. This is the reason why people in India consider buying gold auspicious. Investors also see gold as a safe option. Investors believe that gold is always a metal that gives good returns. This is the reason why gold is also called a precious metal.

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