Gold rate today: Gold price traded below 50,000 level on MCX as December Gold futures were quoting Rs 49,900 per 10 grams, up by Rs 243 or 0.48 per cent. Meanwhile, Silver was under pressure by Rs 503 to trade at Rs 56150 per kg.
On the international market, Gold was quoting flat at USD 1,621.65 per ounce while silver was flat by 0.76 per cent which is at USD 18.52 per ounce.
Trade call by Motilal Oswal
Gold Dec contract
Sell: Rs 50,100
Stop Loss: Rs 50,320
Price Target: Rs 49,750
Silver
Sell: Rs 56,350
Stop Loss: 56,850
Target- 55,500
Meanwhile, the rupee was at 82.7625 against the US dollar in the morning trade. The international oil benchmark Brent crude futures surged 0.76 per cent to USD 93.06 per barrel.
Gold Price City-wise In India as of Oct 21, 2022 for 22k
Chennai- Rs 46,650
Mumbai- Rs 46,250
Delhi- Rs 46,350
Kolkata- Rs 46,250
Bangalore- Rs 46,300
Kerala- Rs 46,250
Pune- Rs 46,280
Vadodara- Rs 46,280
Ahmedabad- Rs 46,300
Lucknow- Rs 46,350
Coimbatore- Rs 46,650
Patna- Rs 46,280
Nagpur- Rs 46,280
Chandigarh- Rs 46,350
Surat- Rs 46,300
(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before investing/purchasing.)