Gold Prices Surge on Dec 17: Check Latest 24K, 22K Rates in Delhi, Mumbai & More

• Gold prices rose on December 17; 24K gold in Mumbai was Rs 1,33,850 per 10 grams, 22K at Rs 1,22,690.
• Specific 24K and 22K rates for Delhi, Jaipur, Ahmedabad, Pune, Hyderabad, Chennai, Bengaluru, and Kolkata are provided.
• Indian gold demand fell, leading to discounts up to $34 per ounce, despite the wedding season, due to record high prices.
• Jewellers reported sharp drops in store footfalls as domestic gold prices hit a record high of 132,776 rupees per 10 grams.
• International market rates, import duties, taxes, and exchange rates are key factors influencing gold prices in India.

Why It Matters: Gold prices rose on Dec 17, but high rates led to wider discounts and muted demand in India.