Gold prices in the domestic market remained stable on October 16, offering some relief to those looking to purchase the precious metal.
On this day, the price of 24-carat gold stood firm at Rs 14,744 per gram. Similarly, 22-carat gold was stable at Rs 13,515 per gram.
There was no change in the prices of both types of gold compared to the previous day. This stability in prices is favorable for consumers.
However, the price of gold increased in the international market. This rise could potentially influence the domestic market in the future.
