Gold and silver prices are currently witnessing fluctuations. Yesterday—Wednesday—saw a decline in the prices of both metals. Additionally, the repo rate was hiked yesterday; it will be interesting to observe how this impacts gold and silver prices today, Thursday, October 8.

**A look at international market prices**
In the international market (COMEX), gold prices have risen today, while silver prices have declined. According to COMEX data, at the time of writing, gold had climbed 0.39%, reaching $4,157.00 per ounce. Meanwhile, silver prices fell by 0.09%, trading at $60.240 per ounce.

**What are the prices in the domestic market?**
Prices for both gold and silver have also risen in the domestic bullion market. Upon market opening, gold was seen trading at around ₹1.49 lakh per 10 grams. Similarly, silver prices rose to trade at approximately ₹2.24 lakh per kilogram.

**Where are gold and silver trading on MCX?**
On the Multi Commodity Exchange (MCX), at the time of writing, gold for December delivery had risen by ₹495, trading at ₹1,49,600 per 10 grams. Silver prices also climbed by ₹300, reaching ₹2,23,838 per kilogram.

**Check rates before buying**
Prices for both gold and silver recorded a rise as soon as the market opened today. In this scenario, 24-carat gold is trading at around ₹149,730 per 10 grams, while 22-carat gold remains at approximately ₹137,253 per 10 grams. Meanwhile, 18-carat gold is trending near ₹112,298 per 10 grams. Silver prices in India were seen trading at approximately ₹224,200 per kilogram.

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