Gold and Silver Prices Today: 24K Gold at ₹14,607 per Gram, Silver at ₹2,29,900 per Kg

Updated: Thursday, 22 October 2026 | Category: Commodities, Bullion, Personal Finance

Gold and silver prices today edged lower across India on Thursday. The 24K gold rate stands at ₹14,607 per gram (₹1,46,070 per 10 grams), while the silver rate is ₹229.90 per gram (₹2,29,900 per kg). Both metals slipped slightly from Wednesday’s levels, extending a soft patch that began earlier this week. With Dhanteras and Diwali only a few weeks away and the wedding season following soon after, buyers across the country are watching every move in today’s gold and silver prices closely.

This article gives you the complete picture: the latest gold rate and silver rate today, state-wise prices for the six biggest jewellery markets, the last 10 days of price history, the factors moving the market, and practical tips for buying or selling.

Gold and Silver Prices Today: Quick Snapshot

Key Highlights of Gold and Silver Prices Today

• The 24K gold rate today is ₹1,46,070 per 10 grams, and the 22K gold rate is ₹1,33,890 per 10 grams.
• Gold has fallen about 2.2% since 13 October, when 24K gold was priced at ₹14,929 per gram.
• The biggest single-day drop in the last 10 days came on 20 October, when 24K gold lost ₹196 per gram.
• Silver at ₹2,29,900 per kg is the lowest level of October so far, and it is down about 4.2% from ₹2,40,000 per kg on 12 October.
• The gold to silver ratio is roughly 63.5, meaning one gram of 24K gold costs about 63.5 times one gram of silver.

Gold Price Today in India

The gold price today in India depends on purity. The 24K gold rate refers to 99.9% pure gold, which is mostly sold as coins and bars. The 22K gold rate refers to 91.6% pure gold, the standard for hallmarked jewellery. The 18K gold rate refers to 75% pure gold, which is commonly used in diamond-studded and designer jewellery.

Today’s gold price is ₹14,607 per gram for 24K, ₹13,389 per gram for 22K and ₹10,955 per gram for 18K. After touching ₹14,929 per gram on 13 October, the 24K gold rate has drifted lower, with a sharper correction on 20 October. Since then, the market has been steady, with only a ₹1 change between Wednesday and Thursday.

Gold Rate Today per Gram, 8 Gram, 10 Gram and 100 Gram

Gold Rate Today for Common Jewellery Weights (22K)

Most families buy gold jewellery in small, round weights. Here is what the 22K gold price today works out to for popular quantities, before making charges and GST.

Gold Rate Today in Top 6 States

Gold prices today are almost identical across major Indian states, because the base rate is set by international bullion prices and the rupee, not by local markets. Small differences of a few rupees per gram come from local taxes, transport costs and jeweller margins. Here is the gold rate today in six states with the highest jewellery demand, as reported for their major cities.

Delhi has the highest 24K gold rate among these six cities today at ₹14,622 per gram, followed by Ahmedabad at ₹14,612. Mumbai, Chennai, Bengaluru and Kolkata share the same 24K rate of ₹14,607 per gram. Chennai’s 18K rate is slightly higher at ₹10,969 per gram.

Why Gold Prices Differ Slightly Between Cities

Even though the benchmark is the same, you may notice a small gap in the gold rate today between Delhi, Gujarat and the southern states. This happens for three reasons. First, jewellers’ associations in each city announce their own daily rates, which include local handling and transport costs. Second, regional demand patterns affect the premium dealers charge over the base price. Third, some cities have more wholesale competition than others, which narrows margins. For buyers, the difference is usually small, so making charges matter far more than the city-level rate.

Gold Rate in India for the Last 10 Days

Gold Price Trend This Week

The 10-day table tells a clear story. Gold prices today are lower than they were at the start of the period. The 24K rate fell by ₹322 per gram between 13 and 22 October, which is a decline of roughly 2.2%. The 22K rate fell by ₹296 per gram over the same period, a similar percentage drop.

The movement was not a straight line. Gold dropped for three straight sessions from 13 to 15 October, then recovered modestly on 17 and 19 October, with the 24K rate climbing back to ₹14,804 per gram. The sharp ₹196 fall on 20 October erased that recovery, and prices have since consolidated around ₹14,607 to ₹14,608 per gram. For buyers, this means the gold rate today is about 1.3% below the level seen on 19 October.

Silver Price Today in India

The silver price today is ₹229.90 per gram and ₹2,29,900 per kilogram. This is ₹100 per kg lower than Wednesday’s rate of ₹2,30,000. Silver prices today follow global trends and the rupee-dollar exchange rate, and they are also influenced by industrial demand from the solar, electronics and electric vehicle sectors. When the rupee weakens and global prices hold steady, silver becomes costlier in India. The reverse is also true.

Unlike gold, silver is both a precious metal and an industrial metal. That dual role makes it more volatile. A slowdown in factory demand can pull silver down even when gold holds steady, and a surge in solar manufacturing can push it up faster than gold.

Silver Rate Today per Gram, 10 Gram, 100 Gram and 1 Kg

Today Silver Value for Popular Weights

Silver Rate Today in Top 6 States

Silver prices today are uniform across the major cities, so the rate is the same in every state listed below. Any difference you see at a shop comes from making charges, purity of the item and the jeweller’s margin, not from the base silver rate.

Silver Rate in India for the Last 10 Days

Silver Price Movement in October 2026

Movement Silver Price: April to September 2026

The silver price chart for 2026 has been volatile. Silver peaked at ₹3,10,000 per kg in mid-May, then fell sharply through June. It recovered during August, slipped again in September, and has now settled near ₹2,29,900 per kg. Today’s silver rate is about 26% below the May high, which shows how quickly silver prices can swing.

Gold and Silver Prices Today: What Is Driving the Market?

Several factors are shaping gold and silver prices today. Understanding them helps you judge whether a move is a short-term wobble or the start of a bigger trend.

1. International Bullion Rates

Indian gold and silver prices track benchmark global markets such as COMEX and the London Bullion Market Association (LBMA). In the middle of October, COMEX gold traded near $4,190 per ounce and COMEX silver near $57.77 per ounce. When these benchmarks rise or fall, Indian rates usually follow within the same session.

2. Rupee-Dollar Exchange Rate

Because India imports most of its gold and silver, the rupee matters as much as global prices. The rupee is trading near ₹94.5 per US dollar. A weaker rupee makes imported bullion more expensive. This is why Indian prices sometimes fall or stay flat even when COMEX prices rise: a currency effect can offset the global gain.

3. US Dollar and Bond Yields

A stronger US dollar and higher bond yields normally pressure bullion, because gold and silver pay no interest. A weaker dollar and softer Treasury yields tend to support prices. The dollar touched an 18-month high on 14 October before easing, which coincided with the soft patch in gold and silver prices.

4. Festive and Wedding Demand

India is the one of the world’s largest consumer markets for gold jewellery, and demand rises sharply around Dhanteras, Diwali and the winter wedding season. Jewellers often run offers during this period, and buyers tend to purchase ahead of time. Strong festive demand can support domestic prices, although it rarely overrides global trends on its own.

5. Import Duty and Taxes

Government duties and levies change the landed cost of bullion and are reflected in domestic prices. Any change in import duty can move gold and silver prices today by a noticeable amount, regardless of what happens abroad.

6. Industrial Demand for Silver

Silver is widely used in solar panels, electronics and electric vehicles. That demand makes silver more sensitive to manufacturing data and economic growth than gold is.

7. Wider Market Mood

Equity markets, crude oil and geopolitical news also influence bullion. On Thursday, the Sensex was trading near 73,710 and crude oil near $110 per barrel, a mix that keeps investors cautious. Gold is often bought as a hedge when markets are uncertain.

Gold vs Silver: Which One Looks Better Today?

Silver and Gold serve different purposes, so the better choice depends on your goal.

Gold is widely treated as a long-term store of value and a hedge against inflation. Silver is cheaper per gram, which makes it accessible for small investors, but it moves more sharply in both directions.

How Much Will You Pay for Gold Jewellery Today?

The gold rate quoted above is only the base value. A jeweller adds making charges and GST on top. As an example, 10 grams of 22K gold has a base value of ₹1,33,890. With making charges of 12% (₹16,067) and 3% GST (₹4,499), the total comes to about ₹1,54,456.

Making charges vary widely from one shop to another, so they can change your final bill by thousands of rupees. Here is how the total for 10 grams of 22K gold changes at different making charge percentages, using today’s gold rate and a 3% GST on the total value.

The same logic applies to silver. Ten grams of silver at today’s rate has a base value of ₹2,299. With making charges of about ₹276 and GST of about ₹77, the total is roughly ₹2,652. Always ask your jeweller for an itemised bill that separates the metal value, making charges and tax.

Understanding Gold Purity: 24K, 22K and 18K

Pure 24K gold is soft, so it is rarely used for jewellery. Jewellers mix it with metals such as copper and silver to create 22K and 18K gold, which are stronger and hold their shape. The lower the karat, the lower the price per gram, but the lower the gold content as well.

For silver, 999 purity indicates 99.9% pure silver, which is the standard for coins and bars. Sterling silver, commonly used for jewellery, is 92.5% pure and is marked as 925.

How to Check Hallmark and Avoid Fraud

Before you buy gold jewellery at today’s gold rate, follow these checks:

1. Look for the BIS hallmark. Genuine hallmarked gold carries the Bureau of Indian Standards mark, the purity grade (such as 22K916) and a 6-digit alphanumeric HUID code.
2. Verify the HUID. The unique ID can be checked on the BIS Care app or the BIS website, so you can confirm the item’s details.
3. Ask for a detailed invoice. The bill should list the weight, purity, rate per gram, making charges and GST separately.
4. Check net weight. Stones, enamel and other attachments are not gold, so confirm the net gold weight.
5. Compare rates. Check the day’s gold price from at least two sources before you pay.
6. Understand the buyback terms. Ask in writing how the jeweller will value your jewellery when you sell it back, including any deductions.

Tips for Buying Gold and Silver Today

• Buy only BIS hallmarked gold jewellery with a 6-digit HUID, and check the purity mark (24K, 22K or 18K).
• Compare the gold price today across two or three jewellers, and ask for a written breakdown of making charges.
• For investment, consider 999.9 purity coins and bars from reputed refiners such as MMTC-PAMP, which sell 24K gold and 999.9+ silver with assayer-certified purity.
• Spread your purchases across a few sessions instead of buying everything in one go, since daily gold and silver prices move frequently.
• Keep the invoice safe, and check the buyback policy before purchasing coins and bars.

Tips for Selling Old Gold and Silver

• Check the current gold and silver rate before you go, so you know what to expect.
• Get your item tested for purity at a certified outlet. Jewellers usually deduct for impurities and wastage.
• Compare offers from more than one buyer, and ask whether the rate is based on today’s price.
• Carry your purchase invoice and ID. Original bills and hallmark details often help you get a better valuation.
• Remember that buyback rates are generally lower than the rate at which you buy, because of purity deductions and margins.

Options to Invest in Gold and Silver

Physical jewellery is only one way to hold gold and silver. Investors also consider:

• Coins and bars: Available in 24K gold and 999.9 silver, usually with lower making charges than jewellery.
• Digital gold and silver: Platforms let you buy small amounts online and hold them in a vault. Check the provider’s credibility, charges and terms before investing.
• Gold and silver ETFs: Exchange traded funds track the metal’s price and are traded on stock exchanges through a demat account.
• Gold and silver mutual funds: Funds of funds that invest in the underlying ETFs, usable through a SIP.

FAQs: Gold and Silver Prices Today