Gold Price Today: Gold trading cheaper by Rs 10,000 from record highs ahead of festive season

Gold price today: The yellow metal is trading at Rs 45,955 on MCX. 

New Delhi: Gold October futures on Multi Commodity Exchange fell by 0.13% to Rs 45,955 on Friday, September 24, for the third day in a row, signalling weak demand in international markets. 

However, the massive drop in the prices in the past few months could be a wonderful opportunity for Indians because the rates are expected to surge again in the coming weeks. Increased demand for gold amid the festive and wedding season could drive the gold prices uphill in the coming weeks.  

Gold movements this week (September 20 - September 24)