Gold and silver prices across India remain an important consideration for jewellery buyers and investors on October 15, 2026. With rates varying between cities, consumers are comparing the latest prices before making purchasing decisions.
The cost of precious metals can differ depending on local taxes, transportation expenses and market conditions. Gold prices also vary according to purity, with 24-carat gold commonly used for investment products such as coins and bars, while 22-carat gold is widely preferred for jewellery because of its greater durability.
Silver prices are influenced by investment demand, jewellery purchases, industrial use and developments in international markets.
Gold and Silver Prices in Major Indian Cities
The following table lists the reported rates for 24-carat gold, 22-carat gold and silver across six major Indian cities on October 15. Gold prices are quoted per 10 grams, while silver prices are given per kilogram.
| City | 24K Gold (10g) | 22K Gold (10g) | Silver (1kg) |
|---|---|---|---|
| Delhi | ₹1,45,580 | ₹1,33,448 | ₹2,07,600 |
| Mumbai | ₹1,45,830 | ₹1,33,678 | ₹2,07,960 |
| Kolkata | ₹1,45,630 | ₹1,33,494 | ₹2,07,680 |
| Chennai | ₹1,46,250 | ₹1,34,063 | ₹2,08,560 |
| Bengaluru | ₹1,45,940 | ₹1,33,778 | ₹2,08,120 |
| Hyderabad | ₹1,46,060 | ₹1,33,888 | ₹2,08,290 |
What Buyers Should Know Before Purchasing
The prices listed above provide a reference for comparing precious metal rates across cities. However, the final amount charged by a jeweller may differ from the quoted rate.
When purchasing gold jewellery, buyers should account for making charges and applicable GST. The final price can also depend on the jewellery’s design, the seller and its purity certification. Customers should request a detailed bill showing the gold value, making charges and taxes separately.
Silver buyers should also check for additional charges and applicable taxes, as the final cost may vary according to the product and seller.
Factors That Influence Gold and Silver Prices
International bullion prices, movements in the US dollar, interest-rate expectations and investor demand can affect domestic precious metal rates. Silver prices are additionally influenced by changes in industrial demand.
These factors can lead to differences in prices across markets and over time. Consumers planning to buy gold or silver should therefore confirm the latest local rates with their jeweller before completing a purchase.
