Gold and silver prices in India remained broadly stable on October 9, 2026, with rates varying across cities, purity levels and jewellery brands. The benchmark gold price stood at ₹1,49,910 per 10 grams, while silver was priced at ₹2,21,470 per kilogram.
On the Multi Commodity Exchange (MCX), gold futures gained 0.97% to ₹1,51,058 per 10 grams. Silver futures also moved higher, rising 1.43% to around ₹2,24,387 per kilogram at the time of writing.
Gold continues to face pressure from elevated interest rates because it does not generate regular income. Investors are also monitoring global economic uncertainty and rising geopolitical tensions in the Middle East.
Gold Rates Today in Major Indian Cities
Gold is commonly sold in India in 24-carat and 22-carat varieties. While 24-carat gold represents the highest purity, 22-carat gold is widely used for jewellery because the addition of other metals makes it more durable.
Domestic gold prices are influenced by international bullion rates, movements in the US dollar against the Indian rupee and changes in consumer demand, particularly ahead of major festivals.
The following table lists the reported city-wise gold prices for October 9.
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) |
|---|---|---|
| Delhi | ₹1,50,750 | ₹1,38,188 |
| Mumbai | ₹1,51,010 | ₹1,38,426 |
| Bengaluru | ₹1,51,130 | ₹1,38,536 |
| Kolkata | ₹1,50,810 | ₹1,38,243 |
| Hyderabad | ₹1,51,250 | ₹1,38,646 |
| Chennai | ₹1,51,740 | ₹1,39,095 |
According to the reported figures, Chennai recorded the highest 24-carat gold rate among the listed cities, while Delhi had the lowest. Local prices may differ depending on applicable duties, transportation costs and jeweller-specific charges.
Silver Rates Today in India
Silver prices were also reported at the same level across the six listed cities on October 9, 2026.
| City | Silver (₹/100g) | Silver (₹/kg) |
|---|---|---|
| Delhi | ₹22,465 | ₹2,24,650 |
| Mumbai | ₹22,465 | ₹2,24,650 |
| Bengaluru | ₹22,465 | ₹2,24,650 |
| Kolkata | ₹22,465 | ₹2,24,650 |
| Hyderabad | ₹22,465 | ₹2,24,650 |
| Chennai | ₹22,465 | ₹2,24,650 |
The reported retail benchmark for silver stood at ₹2,24,650 per kilogram, while the MCX silver futures price was around ₹2,24,387 per kilogram at the time of writing. These figures refer to different pricing measures and may not match exactly.
Gold Prices at Joyalukkas, Malabar Gold and Tanishq
Major jewellery retailers reported largely unchanged prices on October 9, 2026. Joyalukkas and Malabar Gold & Diamonds listed 22-carat gold at ₹13,815 per gram across most states. Tanishq quoted 22-carat gold at ₹13,755 per gram.
For 24-carat gold, Malabar Gold & Diamonds listed a rate of ₹15,071 per gram, while Tanishq’s reported rate was ₹15,005 per gram. The Tanishq 24-carat figure is an estimate based on the prevailing purity premium over its 22-carat price.
| Jeweller | Purity | Rate (₹/gram) |
|---|---|---|
| Joyalukkas | 22K | ₹13,815 |
| Malabar Gold & Diamonds | 22K | ₹13,815 |
| Malabar Gold & Diamonds | 24K | ₹15,071 |
| Tanishq | 22K | ₹13,755 |
| Tanishq | 24K* | ₹15,005 |
The Tanishq 24-carat rate is estimated using the prevailing purity premium over 22-carat gold.
Retail prices can vary between brands because of differences in inventory costs, store-level pricing and regional logistics. International bullion movements remain an important factor influencing the broader market.
Joyalukkas 22K Gold Rate by State
Joyalukkas reported a 22-carat gold price of ₹13,815 per gram across the following states and regions listed in the supplied data.
| State | Rate (₹/gram) |
|---|---|
| Andhra Pradesh | ₹13,815 |
| Delhi | ₹13,815 |
| Gujarat | ₹13,815 |
| Karnataka | ₹13,815 |
| Kerala | ₹13,815 |
| Maharashtra | ₹13,815 |
| Odisha | ₹13,815 |
| Punjab | ₹13,815 |
| Tamil Nadu | ₹13,815 |
GST and Other Charges on Gold Jewellery
The prices shown in benchmark tables and jeweller listings may represent the base price of the metal rather than the final amount payable by a customer. According to the supplied information, retail gold purchases attract 3% GST on the value of the gold, along with a separate 5% GST on jewellery-making charges.
Import duties and local transportation costs can also contribute to price differences between regions. Buyers should confirm the day’s rate, making charges, applicable taxes and final bill with their jeweller before purchasing.
Disclaimer: Gold and silver rates in this article are based on the figures provided for October 9, 2026, and may change during the day. Prices can vary by city, retailer, purity and additional charges. The Tanishq 24-carat rate is an estimate, not a directly confirmed quotation. Readers should verify current rates and applicable taxes with the relevant jeweller before making a purchase.
