Gold, which is long considered to be a very safe-haven investment and a symbol of wealth in India, continues to attract strong demand amid the rising demand during the festive season. The current surge in demand despite the price hike depicts the value that the yellow metal holds. 

The yellow metal has been soaring around Rs 1.3 lakh/10 grams for 24K gold. Following the same, the prices of gold today, on October 17, also showed notable fluctuations across major Indian cities, including Delhi, Mumbai, and Kolkata. The regular price inclination of gold reflects both global market trends and domestic buying patterns. As of Friday, the prices of 24-carat gold hit a record high of Rs 1,32,294 per 10 grams.