Gold and silver prices in India recorded a slight decline on October 14, 2026, with rates varying across cities and jewellery retailers. The benchmark price of 24-carat gold stood at ₹1,48,260 per 10 grams, while silver was priced at ₹2,35,000 per kilogram.
On the Multi Commodity Exchange (MCX), gold futures fell 0.30% to ₹1,48,001 per 10 grams. Silver futures also moved lower, declining 0.36% to approximately ₹2,18,425 per kilogram at the time of writing.
Market participants are monitoring global economic uncertainty, interest rate expectations and rising geopolitical tensions in the Middle East. Since gold does not generate regular income, higher interest rates can reduce its appeal compared with interest-bearing investments.
Why Do Gold and Silver Prices Change?
Gold prices in India are influenced by international bullion prices, movements in the US dollar against the Indian rupee and domestic demand. Festival-season jewellery purchases can also affect retail market activity.
Buyers generally choose between 24-carat and 22-carat gold. While 24-carat gold represents a higher level of purity, 22-carat gold is commonly used for jewellery because its alloy content makes it more durable.
The prices displayed in bullion rate tables generally represent the base metal value. Physical jewellery purchases also involve additional charges, including applicable taxes and making charges. Retail prices can differ between cities because of local costs, transportation and other pricing factors.
City-Wise Gold Rates Today
The following table lists the reported gold prices for six major Indian cities.
| City | 24K Gold (per 10g) | 22K Gold (per 10g) |
|---|---|---|
| Delhi | ₹1,48,410 | ₹1,36,050 |
| Mumbai | ₹1,48,260 | ₹1,35,900 |
| Bengaluru | ₹1,48,260 | ₹1,35,900 |
| Kolkata | ₹1,48,260 | ₹1,35,900 |
| Hyderabad | ₹1,48,260 | ₹1,35,900 |
| Chennai | ₹1,48,260 | ₹1,35,900 |
These figures represent the rates provided for October 14, 2026. Actual purchase prices may vary depending on the jeweller, product and applicable charges.
City-Wise Silver Rates Today
Silver prices also differ by location. The reported rates per 100 grams and per kilogram are listed below.
| City | Silver (per 100g) | Silver (per kg) |
|---|---|---|
| Delhi | ₹23,500 | ₹2,35,000 |
| Mumbai | ₹23,500 | ₹2,35,000 |
| Bengaluru | ₹23,500 | ₹2,35,000 |
| Kolkata | ₹23,500 | ₹2,35,000 |
| Hyderabad | ₹24,500 | ₹2,45,000 |
| Chennai | ₹24,500 | ₹2,45,000 |
According to the supplied rates, Hyderabad and Chennai have higher quoted silver prices than the other cities listed.
Gold Rates at Joyalukkas, Malabar Gold and Tanishq
The retail prices reported for October 12, 2026, showed some differences between leading jewellery brands. Joyalukkas and Malabar Gold & Diamonds quoted 22-carat gold at ₹13,685 per gram across most states, while Tanishq listed its 22-carat rate at ₹13,730 per gram.
For 24-carat gold, Malabar Gold & Diamonds quoted ₹14,929 per gram. Tanishq’s reported rate was ₹14,978 per gram, estimated using the prevailing purity premium over 22-carat gold.
| Jeweller | Purity | Rate per gram |
|---|---|---|
| Joyalukkas | 22K | ₹13,685 |
| Malabar Gold & Diamonds | 22K | ₹13,685 |
| Malabar Gold & Diamonds | 24K | ₹14,929 |
| Tanishq | 22K | ₹13,730 |
| Tanishq | 24K* | ₹14,978 |
The Tanishq 24K rate is an estimate based on the stated purity premium.
Joyalukkas 22K Gold Rates by State
The reported 22-carat gold rate at Joyalukkas was ₹13,685 per gram in each of the following states:
| State | Rate per gram |
|---|---|
| Andhra Pradesh | ₹13,685 |
| Delhi | ₹13,685 |
| Gujarat | ₹13,685 |
| Karnataka | ₹13,685 |
| Kerala | ₹13,685 |
| Maharashtra | ₹13,685 |
| Odisha | ₹13,685 |
| Punjab | ₹13,685 |
| Tamil Nadu | ₹13,685 |
Before purchasing gold or silver, buyers should confirm the latest rates with their chosen jeweller and check the applicable taxes, making charges and other costs.
Disclaimer: This article is intended for general informational purposes only and does not constitute financial or investment advice. Gold and silver prices fluctuate with market conditions, and the figures mentioned may change. Please verify the latest rates with official commodity exchanges or jewellery retailers before making a purchase or investment decision.
