Gold price today, Oct. 9 -- Rates of gold and silver dropped in morning trade on the MCX on Thursday, October 9, on profit booking at record high level. MCX Gold December futures traded 0.34 per cent lower at Rs.1,22,789 per 10 grams around 9:15 am. MCX Silver December futures traded 0.75 per cent lower at Rs.1,48,738 per kg at that time.

In the previous session on October 8, the December delivery of MCX Gold hit a record high of Rs.1,23,450 per 10 grams and MCX Silver scaled a fresh peak of Rs.1,50,282 per kg.

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

Published by HT Digital Content Services with permission from MINT....