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As the festive buzz of Dhanteras and Diwali settles down, gold demand in India has started to cool off, leading to a drop in prices across major cities. Over the past week, gold futures on the Multi-Commodity Exchange (MCX) have fallen by nearly 1.21 per cent, trading at Rs 1,22,600 as of 2 pm on Thursday, October 24.

Experts say the fall is linked to global uncertainty and investors waiting for the outcome of the upcoming US Federal Reserve meeting from October 28 to October 29. Until then, the pressure on domestic gold prices is likely to remain.

Gold Prices At Popular Jewellery Brands

For anyone planning to buy 22K gold jewellery, here is how the prices compare among leading brands: Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq, as of 1:20

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