Gold Rate Today: Gold prices remained elevated in India on October 6, 2026, even as the precious metal has experienced considerable volatility in recent weeks. After a strong rise through August, gold prices witnessed a correction during September and the first part of October.
As per the supplied market rates, 24K gold is priced at ₹14,918 per gram, while 22K gold is available at ₹13,675 per gram and 18K gold at ₹11,189 per gram. On a 10-gram basis, this translates to ₹1,49,180 for 24K gold, ₹1,36,750 for 22K gold and ₹1,11,890 for 18K gold.
These indicative rates do not include jewellery making charges and other applicable costs. With gold prices moving sharply, buyers need to consider whether they are purchasing jewellery for an upcoming requirement, looking at gold as a long-term investment or considering short-term market movements.
Gold Price Today in India
Gold’s international price continues to react to movements in the US dollar, Treasury yields and expectations surrounding Federal Reserve policy.
On October 5, spot gold was around $4,139.89 per troy ounce, while US gold futures stood at approximately $4,156.80 per troy ounce. Both prices declined by 0.1% during the session as a stronger dollar and higher US Treasury yields put pressure on the non-interest-bearing precious metal.
Domestic Gold Rates on October 6
| Gold Purity | Price per gram | Price per 10 grams | Price per 100 grams |
|---|---|---|---|
| 24K | ₹14,918 | ₹1,49,180 | ₹14,91,800 |
| 22K | ₹13,675 | ₹1,36,750 | ₹13,67,500 |
| 18K | ₹11,189 | ₹1,11,890 | — |
Delhi is slightly more expensive, with 24K gold quoted at ₹14,933 per gram.
Gold Price in Delhi Today
Delhi gold rates are marginally higher than the indicative national rates.
24K Gold
- 1 gram: ₹14,933
- 8 grams: ₹1,19,464
- 10 grams: ₹1,49,330
- 100 grams: ₹14,93,300
- Purity: 99.9%
22K Gold
- 1 gram: ₹13,690
- 8 grams: ₹1,09,520
- 10 grams: ₹1,36,900
- 100 grams: ₹13,69,000
- Purity: 91.6%
18K Gold
- 1 gram: ₹11,204
- 8 grams: ₹89,632
- 10 grams: ₹1,12,040
- 100 grams: ₹11,20,400
- Purity: 75%
Gold Rates in Major Indian Cities
| City | 24K/g | 22K/g | 18K/g |
|---|---|---|---|
| Chennai | ₹14,918 | ₹13,675 | ₹11,235 |
| Mumbai | ₹14,918 | ₹13,675 | ₹11,189 |
| Delhi | ₹14,933 | ₹13,690 | ₹11,204 |
| Kolkata | ₹14,918 | ₹13,675 | ₹11,189 |
| Bangalore | ₹14,918 | ₹13,675 | ₹11,189 |
| Hyderabad | ₹14,918 | ₹13,675 | ₹11,189 |
| Kerala | ₹14,918 | ₹13,675 | ₹11,189 |
| Pune | ₹14,918 | ₹13,675 | ₹11,189 |
| Vadodara | ₹14,923 | ₹13,680 | ₹11,190 |
| Ahmedabad | ₹14,923 | ₹13,680 | ₹11,190 |
Across major states and regions, the supplied rates are ₹14,933 per gram for 24K gold in Delhi, ₹14,918 in Maharashtra, Tamil Nadu, West Bengal, Karnataka, Telangana and Kerala, and ₹14,923 in Gujarat.
For 22K gold, the rates are ₹13,690 in Delhi, ₹13,675 across Maharashtra, Tamil Nadu, West Bengal, Karnataka, Telangana and Kerala, and ₹13,680 in Gujarat. The 18K rates stand at ₹11,204 in Delhi, ₹11,189 in several other states and ₹11,190 in Gujarat, while Tamil Nadu is listed at ₹11,235.
Gold Price Movement and August Performance
Gold recorded a strong performance in August 2026. The 24K India-wide bullion reference rate increased from ₹1,42,876 per 10 grams at the beginning of August to ₹1,54,090 at the end of the month, representing a monthly gain of 7.85%.
During the month, the supplied data shows a low of ₹1,42,696 per 10 grams and a high of ₹1,60,074. The average rate stood at ₹1,51,468, while the overall rupee gain was ₹11,214 per 10 grams.
The subsequent movement has been more volatile. In the supplied 10-day series, 24K gold was at ₹1,52,68,000 per kg on September 27 and stood at ₹1,49,18,000 per kg on October 5.
MCX Gold and Silver Prices
On October 5, MCX gold was trading at ₹1,47,391 per 10 grams, down 0.32% at 12:30 PM. MCX silver, meanwhile, was at ₹2,27,150 per kg, up 0.56% at the same time.
Reports indicated that gold lost around ₹1,400 per 10 grams, while silver gained approximately ₹1,025 per kg.
The two precious metals can respond differently to market conditions. Gold is heavily influenced by investment demand, currencies, interest rates and central-bank activity, while silver also has significant industrial demand.
Gold and Silver Outlook
Gold’s short-term direction remains uncertain, with both positive and negative factors influencing prices. A weaker US dollar and expectations of lower interest rates could support gold, while rising Treasury yields and a stronger dollar may put pressure on prices.
Reports also indicated that expectations of a US rate hike in October had been sharply reduced, although expectations for a December rate move remained considerably higher.
Silver could continue to experience greater volatility because its price is influenced by both investment activity and industrial demand. Investors will therefore be watching the US dollar, Treasury yields, Federal Reserve comments, inflation data and geopolitical developments.
For Indian investors, movements in the rupee can also influence domestic precious-metal prices.
Silver Rate Today, October 6, 2026
The supplied silver rates for October 6 are:
- Silver per gram: ₹235
- Silver per 10 grams: ₹2,350
- Silver per 100 grams: ₹23,500
- Silver per kilogram: ₹2,35,000
Mumbai, Delhi, Kolkata, Bangalore and Pune are listed at ₹2,35,000 per kg. Chennai, Hyderabad and Kerala are listed at ₹2,45,000 per kg.
The supplied 10-day data shows silver falling from ₹2,45,000 per kg on September 27 to ₹2,35,000 by October 1, with the rate remaining at that level through October 5.
What Buyers Should Check Before Buying Gold
Consumers planning to purchase jewellery should verify the BIS hallmark and purity before completing the transaction. Comparing rates from two or three established jewellers can also help buyers understand the prevailing price.
The invoice should clearly mention the gold price, making charges and applicable taxes. Buyers should not compare jewellery solely on the quoted per-gram gold rate, as making charges can significantly affect the final bill.
A 3% GST is applicable to jewellery purchases. Those buying gold for investment may also compare jewellery with bars and coins, depending on their requirements.
Buying decisions should not be based solely on a short-term fall in prices.
Should You Buy Gold Today or Wait?
For people who need jewellery for a known event or requirement, purchasing part of the required quantity today may be considered rather than waiting for a perfect price.
For investment purposes, spreading purchases across different periods can reduce dependence on a single entry price. Short-term traders should also be cautious about interpreting a one-day fall as a guaranteed buying opportunity because gold remains sensitive to movements in the US dollar and US interest-rate expectations.
For long-term wealth preservation, gold can have a role in portfolio diversification, although excessive concentration in one asset should be avoided.
For someone with a large gold requirement, dividing the purchase into multiple portions may be a more practical approach than committing the entire amount on a single day.
Frequently Asked Questions
What is the gold rate today in India?
On October 6, 2026, the supplied indicative rate is ₹14,918 per gram for 24K gold, ₹13,675 for 22K gold and ₹11,189 for 18K gold.
What is the price of 10 grams of 24K gold today?
The indicative national rate is ₹1,49,180 for 10 grams of 24K gold. In Delhi, the rate is around ₹1,49,330.
Why is gold slightly more expensive in Delhi?
Retail gold prices can vary from one city to another because of local premiums, logistics, taxes, demand and dealer-level pricing. International gold prices are only one factor affecting the final domestic rate.
Is 22K or 24K gold better for jewellery?
22K gold is generally considered more suitable for conventional jewellery because alloying metals provide greater durability. 24K gold has higher purity but is softer and is more commonly associated with bullion and investment products.
Will gold prices rise further?
The long-term outlook can be influenced by inflation concerns, geopolitical uncertainty and investment demand, but short-term price movements remain difficult to predict. The strength of the US dollar and elevated US Treasury yields are currently important factors that can weigh on gold. No price forecast should be treated as guaranteed.
Disclaimer
This article is provided for general informational purposes and contains indicative gold and silver rates based on the data supplied. Precious-metal prices can change during the day and may vary between cities, jewellers and markets. Jewellery prices can also include making charges, taxes and other applicable costs. Readers should independently verify the latest rates and applicable charges with authorised jewellers or relevant market sources before making any purchase or investment decision.