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Gold Rate Today, October 17: The price of 24-carat gold stands at Rs 1,32,700 per 10 grams in Mumbai, while 22k gold is available at Rs 1,21,700 per 10 grams.
Gold Price Today.
Gold Rate Today, October 17: Gold and silver on Friday jumped as signs of weakness in US regional banks, global trade frictions, and expectations of more rate cuts sent investors flocking to the safe-haven metal. In Mumbai, the price of 24-carat gold stood at Rs 1,32,700 per 10 grams, while 22k gold was available at Rs 1,21,700 per 10 grams. These rates do not include GST and making charges.
Silver was available at Rs 1,85,000 per kg.
In the international market, US spot gold was up 0.3% at $4,336.18 per ounce, as of 0233 GMT, after reaching a fresh high of $4,378.69 earlier in the session. US gold futures for December delivery jumped 1% to $4,348.70.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 17?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,21,850 | Rs 1,32,920 |
| Jaipur | Rs 1,21,850 | Rs 1,32,920 |
| Ahmedabad | Rs 1,21,750 | Rs 1,32,820 |
| Pune | Rs 1,21,700 | Rs 1,32,700 |
| Mumbai | Rs 1,21,700 | Rs 1,32,700 |
| Hyderabad | Rs 1,21,700 | Rs 1,32,700 |
| Chennai | Rs 1,21,700 | Rs 1,32,700 |
| Bengaluru | Rs 1,21,700 | Rs 1,32,700 |
| Kolkata | Rs 1,21,700 | Rs 1,32,700 |
Silver Prices May Hit $60: Report
Silver may see an upside of around 20% over the next one year, with prices expected to reach $60 per ounce, according to the latest outlook by Emkay Wealth Management, the wealth and advisory arm of Emkay Global Financial Services. The report attributes this bullish forecast to a growing industrial demand and a persistent supply deficit of nearly 20%, which is likely to continue in the foreseeable future.
According to the report, gold returns have matched equities and outperformed bonds since the end of the gold standard.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
October 17, 2025, 09:52 IST
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