Gold Price Today: There is a slight decline in gold prices in the domestic future market on Monday. Gold futures with expiry of December 5 on Multi Commodity Exchange (MCX) opened at Rs 1,27,817 (per 10 grams) on Monday, October 20. On its last trading day, gold on MCX had closed trading at Rs 1,27,008.

At 10 am on October 20, gold with expiry of December 5 was trading at Rs 1,28,050 on MCX. Which is an increase of about Rs 1000 from the previous day’s closing price. MCX Gold had reached a high of Rs 1,28,556 in early trade.

A decline in silver prices is also being seen on MCX. On October 20, silver with expiry of December 5 opened at Rs 1,59,875. Till the time of writing the news, silver was trading at Rs 1,56,751.

Gold price in your city (as per good returns)

Gold price in Delhi (per 10 grams)

24 carat – Rs 1,30,840
22 carat – Rs 1,19,950
18 carat – Rs 98,170

Gold price in Mumbai (per 10 grams)

24 carat – Rs 1,30,690
22 carat – Rs 1,19,800
18 carat – Rs 98,020

Gold price in Chennai (per 10 grams)

24 carat – Rs 1,30,040
22 carat – Rs 1,19,200
18 carat – Rs 98,500

Gold price in Kolkata (per 10 grams)

24 carat – Rs 1,30,690
22 carat – Rs 1,19,800
18 carat – Rs 98,020

Gold price in Ahmedabad (per 10 grams)

24 carat – Rs 1,30,740
22 carat – Rs 1,19,850
18 carat – Rs 98,070

Gold price in Lucknow (per 10 grams)

24 carat – Rs 1,30,840
22 carat – Rs 1,19,950
18 carat – Rs 98,170

Today Diwali is being celebrated all over the country. The fall in gold prices on Diwali has brought joy to people’s faces. Many people consider it auspicious to buy gold and silver on the day of Diwali and on this day also buy yellow metal like Dhanteras.

In India, gold and silver are culturally associated with Indians. Its demand has remained constant for the last several years. Investors also see gold as a safe option and invest in it. This is the reason why demand for gold and silver remains in India.

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