Gold rate on October 17: What big brands like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds and Joyalukkas are charging
Gold prices in India on October 17 showed mixed trends across major cities and brands. Leading jewellers such as Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas adjusted their retail prices in response to international market fluctuations and domestic demand. The 22-carat gold rate hovered around ₹5,700 per gram, while 24-carat gold averaged near ₹6,200 per gram, depending on the region and brand. Price variations were influenced by factors like global economic uncertainty, changing dollar rates, and ongoing festive demand. Many buyers are opting to purchase ahead of Diwali, anticipating further price hikes. Retailers are also offering festive discounts and special making charge offers to attract customers. Analysts suggest that gold may remain volatile in the coming weeks, but long-term prospects continue to appear strong for investors and jewellery buyers alike.
The Key points
- Gold prices mixed across major Indian cities on October 17.
- 22-carat gold averaged around ₹5,700 per gram.
- 24-carat gold hovered near ₹6,200 per gram.
- Brands like Tanishq and Kalyan revised daily rates.
- Malabar and Joyalukkas reported slight price fluctuations.
- Global market trends influenced domestic gold rates.
- Festive demand ahead of Diwali boosted jewellery sales.
- Discounts and offers available on making charges.
- Analysts expect short-term volatility in gold prices.
- Long-term investment outlook for gold remains positive.
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