Gold price today, Oct. 17 -- Rates of gold and silver jumped to new all-time highs on the MCX on Friday, October 17, tracking positive global cues. Weaker dollar and strong spot demand also supported gold prices. MCX Gold December futures jumped by over Rs.1,800, or 1.4 per cent, to hit a record high of Rs.1,31,699 per 10 grams. MCX Silver December futures hit a record high of Rs.168950 per kg, rising by nearly Rs.1,300, or 1 per cent.

(This is a developing story. Please check back for fresh updates.)

Read all market-related news here

Read more stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise ...