Gold Price Today: A decline in gold prices is being seen in the domestic future market on Friday. Gold futures with expiry of December 5 on Multi Commodity Exchange (MCX) opened at Rs 1,23,587 (per 10 grams) on Friday, October 24. On its last trading day, gold on MCX had closed trading at Rs 1,24,104.

At 10:10 am on October 24, gold with expiry of December 5 was trading at Rs 1,22,890 on MCX. Which is a decline of about Rs 1300 from the previous day’s closing price. MCX Gold had reached a low level of Rs 1,22,800 in early trade.

A decline is also being seen in the prices of silver on MCX. On October 24, silver with expiry of December 5 opened at Rs 1,46,501 (per kg). Till the time of writing the news, silver was trading at Rs 1,45,986. Which shows a fall of Rs 2500 compared to the previous close.

Gold price in your city (as per good returns)

Gold price in Delhi (per 10 grams),

24 carat – Rs 1,25,610
22 carat – Rs 1,15,150
18 carat – Rs 94,240

Gold price in Mumbai (per 10 grams)

24 carat – Rs 1,25,460
22 carat – Rs 1,15,000
18 carat – Rs 94,090

Gold price in Chennai (per 10 grams)

24 carat – Rs 1,25,890
22 carat – Rs 1,15,400
18 carat – Rs 96,000

Gold price in Kolkata (per 10 grams)

24 carat – Rs 1,25,460
22 carat – Rs 1,15,050
18 carat – Rs 94,140

Gold price in Ahmedabad (per 10 grams),

24 carat – Rs 1,25,510
22 carat – Rs 1,15,050
18 carat – Rs 94,140

Gold price in Lucknow (per 10 grams)

24 carat – Rs 1,25,610
22 carat – Rs 1,15,150
18 carat – Rs 94,240

Jewelery is not made from 24 carat gold. Generally 24 carat gold is used to make coins and bars. Jewelery is made from 22 and 18 carat gold. In Indian culture, gold and silver are seen as precious metals. Also, this yellow metal has a deep connection with Indian culture. Investors also bet on gold and silver as safe investment options. Due to which there has been a huge rise in their prices in the last few years.

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