New Delhi: Gold and silver prices in India remained largely stable on October 11, 2026, across different purity levels. The benchmark gold rate stood at ₹1,51,710 per 10 grams, while silver was priced at ₹2,26,120 per kilogram.
On the Multi Commodity Exchange (MCX), gold futures gained 1.27% to reach ₹1,51,503 per 10 grams. Silver futures edged up 0.03% to approximately ₹2,25,820 per kilogram at the time of reporting.
Market participants continue to monitor interest rates, global economic uncertainty and rising geopolitical tensions in the Middle East. Higher interest rates can put pressure on gold prices because the precious metal does not generate regular income.
Gold and Silver Prices in India Today
Gold prices vary according to purity, international bullion movements, the rupee’s exchange rate against the US dollar and local market conditions. Demand ahead of the festive shopping season can also influence retail prices.
In the jewellery market, 24-carat gold represents pure gold, while 22-carat gold is commonly used for ornaments because its alloy content makes it more durable.
City-Wise Gold Rates
The following rates are quoted per 10 grams.
| City | 24K Gold | 22K Gold |
|---|---|---|
| Delhi | ₹1,51,170 | ₹1,38,573 |
| Mumbai | ₹1,51,430 | ₹1,38,811 |
| Bengaluru | ₹1,51,550 | ₹1,38,921 |
| Kolkata | ₹1,51,230 | ₹1,38,628 |
| Hyderabad | ₹1,51,670 | ₹1,39,031 |
| Chennai | ₹1,51,870 | ₹1,39,214 |
City-Wise Silver Rates
| City | Silver per 100 grams | Silver per kilogram |
|---|---|---|
| Delhi | ₹22,612 | ₹2,26,120 |
| Mumbai | ₹22,612 | ₹2,26,120 |
| Bengaluru | ₹22,612 | ₹2,26,120 |
| Kolkata | ₹22,612 | ₹2,26,120 |
| Hyderabad | ₹22,612 | ₹2,26,120 |
| Chennai | ₹22,612 | ₹2,26,120 |
Gold Rates at Leading Jewellery Brands
Major jewellery retailers reported broadly unchanged prices on October 11, 2026. Joyalukkas and Malabar Gold & Diamonds listed 22-carat gold at ₹13,880 per gram across most states. Tanishq quoted its 22-carat rate at ₹13,925 per gram.
For 24-carat gold, Malabar Gold & Diamonds listed a rate of ₹15,142 per gram, while Tanishq’s rate was ₹15,191 per gram. The Tanishq 24-carat figure is an estimate based on the prevailing purity premium over its 22-carat rate.
| Jeweller | Purity | Rate per gram |
|---|---|---|
| Joyalukkas | 22K | ₹13,880 |
| Malabar Gold & Diamonds | 22K | ₹13,880 |
| Malabar Gold & Diamonds | 24K | ₹15,142 |
| Tanishq | 22K | ₹13,925 |
| Tanishq | 24K* | ₹15,191 |
The 24K Tanishq rate is estimated from the prevailing purity premium over 22K gold.
Differences between jewellers may reflect their pricing policies, inventory costs and regional logistics. Although international bullion prices influence the broader market, the final retail rate can vary by brand and location.
Joyalukkas 22K Gold Rates Across States
Joyalukkas quoted 22-carat gold at ₹13,880 per gram in the following states, according to the supplied rate list.
| State | Rate per gram |
|---|---|
| Andhra Pradesh | ₹13,880 |
| Delhi | ₹13,880 |
| Gujarat | ₹13,880 |
| Karnataka | ₹13,880 |
| Kerala | ₹13,880 |
| Maharashtra | ₹13,880 |
| Odisha | ₹13,880 |
| Punjab | ₹13,880 |
| Tamil Nadu | ₹13,880 |
GST and Other Charges on Gold Jewellery
The benchmark rates listed above represent base bullion prices. In India, retail gold jewellery purchases generally attract 3% GST on the value of the metal, along with a separate 5% GST on jewellery-making charges. Import duties and local transportation costs can also contribute to price differences between regions.
Customers should confirm the final rate, making charges, taxes and any other applicable fees with their jeweller before completing a purchase.
Disclaimer
This article is intended for general informational purposes only and does not constitute financial or investment advice. Gold and silver prices can change throughout the day and may vary by jeweller, city, purity and applicable charges. The prices and brand rates listed here are based on the supplied information and should be verified with the relevant jeweller or exchange before making a purchase. The estimated Tanishq 24K rate should not be treated as an independently confirmed retail quote.