Gold Price Today in Moradabad 17 October 2023

In the bustling city of Moradabad, known for its rich cultural heritage and thriving markets, the price of gold is a matter of keen interest for both residents and investors. This article delves into the intricacies of understanding the gold price today in Moradabad 17 October 2023, considering various factors that influence it and offering guidance for those looking to invest in or trade gold in this vibrant city.

Also Read | Gold Price Today 17 October 2023, Gold Price in India

As of 17 October 2023, the value of Gold is especially important for experts. Following the price of gold is important for those who view it as an investment and who want to check the stability of its value.

Taken from jewellers Gold price Today in Moradabad are Rs 5,595 per gram for 22k, while for 24k also known as 999 gold, prices are Rs 5,875 per gram.

Gold Price Today in Moradabad 17 October 22 carat (INR)

Gram22 K Today22 K YesterdayPrice Change
1 Gram 5,595 5,610 -15
8 Gram 44,760 44,880 -120
10 Gram 55,950 56,100 -150
100 Gram 5,59,500 5,61,000 -1500

Gold Price Today in Moradabad 17 October 24 carat (INR)

Gram24 K Today24 K YesterdayPrice Change
1 Gram 5,875 5,891 -16
8 Gram 47,000 47,128 -128
10 Gram 58,750 58,910 -160
100 Gram 5,87,500 5,89,100 -1600

Gold Price Today in Moradabad Last 10 Days(10 g):-

Date22 K Gold24 k gold
Oct 17, 2023 55,950 (-150) 58,750 (-160)
Oct 16, 2023 56,100 (-300) 58,910 (-310)
Oct 15, 2023 56,400 ( ~ ) 59,220 ( ~ )
Oct 14, 2023 56,400 (1400) 59,220 (1470)
Oct 13, 2023 55,000 ( ~ ) 57,750 ( ~ )
Oct 12, 2023 55,000 (350) 57,750 (370)
Oct 11, 2023 54,650 ( ~ ) 57,380 ( ~ )
Oct 10, 2023 54,650 (300) 57,380 (310)
Oct 9, 2023 54,350 (200) 57,070 (210)
Oct 8, 2023 54,150 (400) 56,860 (420)

Also Read | Gold Price Today 17 October 2023, Gold Price in India

Understanding Gold Prices

Gold prices, both globally and locally, are subject to numerous factors that impact their daily fluctuations. These factors include economic conditions, currency values, geopolitical events, and supply and demand dynamics. Understanding these influences is crucial to interpret the current gold prices in Moradabad accurately.

Factors Influencing Gold Prices

  1. Economic Conditions: The overall economic stability, inflation rates, and interest rates play a vital role in determining gold prices.
  2. Currency Values: Gold is priced in U.S. dollars, so any changes in the exchange rate between the dollar and the local currency can affect the cost of gold in Moradabad.
  3. Geopolitical Events: Political tensions, conflicts, or global events can create uncertainty, prompting investors to turn to gold as a safe-haven asset.
  4. Supply and Demand: The availability of gold reserves, mining output, and consumer demand for gold jewelry and coins directly impact prices.

To comprehend the current gold price today in Moradabad fully, it’s essential to consider historical trends. Gold prices have a history of long-term appreciation, making them an attractive option for investors looking to secure their wealth.

Current Gold Market

The current gold market in Moradabad is influenced by national and international factors. Gold prices in Moradabad tend to follow the trends in the global market. To track the most recent gold prices in Moradabad, you can check with local jewelers or use various online platforms that provide real-time gold price today updates.

How to Check Gold Prices in Moradabad

To check gold prices in Moradabad, you can:

  • Visit local jewelry shops or gold dealers.
  • Access Vaartabharat website.
  • Monitor dedicated gold price tracking websites.
  • Contact local banks for the most recent rates.

Factors Affecting Gold Prices in Moradabad

In Moradabad, the price of gold is subject to local variations and may be influenced by factors such as:

  • Local demand for gold jewelry and ornaments.
  • Seasonal trends, such as festivals or wedding seasons.
  • Availability of new designs and trends in gold jewelry.

Local Gold Market in Moradabad

Moradabad boasts a vibrant gold market with numerous jewelry shops and outlets. The local gold market offers a wide range of options for buyers, from traditional designs to contemporary styles. It’s a hub for both buyers and sellers, making it essential to stay informed about the current gold prices.

Investing in Gold in Moradabad

Investing in gold is a popular choice for individuals seeking long-term wealth preservation. Moradabad residents have several options to invest in gold, including purchasing gold coins, jewelry, or investing in gold exchange-traded funds (ETFs).

Buying Gold in Moradabad

When buying gold in Moradabad, consider the following tips:

  • Research current gold prices.
  • Verify the purity and authenticity of the gold.
  • Compare prices at multiple stores.
  • Negotiate for the best deal.

Selling Gold in Moradabad

If you intend to sell your gold in Moradabad, keep these points in mind:

  • Verify the purity and weight of your gold items.
  • Check the current gold prices to get a fair deal.
  • Approach reputable jewelry shops or gold dealers.

Gold Price Fluctuations

Gold prices can be highly volatile, with fluctuations occurring due to market dynamics. It’s important to stay updated with the latest gold prices in Moradabad to make informed investment or selling decisions.


The gold price today in Moradabad is influenced by a multitude of factors, both local and global. Residents and investors should stay informed about these dynamics to make sound decisions regarding buying and selling gold in this vibrant city.


1. Are gold prices in Moradabad the same as in other Indian cities? No, gold prices can vary slightly from city to city due to local demand and supply factors.

2. Is it better to invest in gold coins or gold jewelry in Moradabad? The choice between coins and jewelry depends on your investment goals and personal preferences. Both have their advantages.

3. How often do gold prices in Moradabad change? Gold prices can fluctuate daily, so it’s advisable to check for updates regularly.

4. Can I negotiate on the price when buying gold in Moradabad? Yes, you can often negotiate with sellers to get a better deal.

5. What factors affect the purity of gold in Moradabad? Purity is influenced by the quality of gold and the trustworthiness of the seller. Always buy from reputable sources to ensure purity.