Gold and silver prices moved lower on Wednesday, October 21, 2026, bringing fresh changes for buyers tracking the precious metals market. Gold prices declined in domestic futures trading, while silver also recorded a notable fall on the Multi Commodity Exchange (MCX).
During early trading, December gold futures on the MCX dropped by 0.21% to ₹1,46,205 per 10 grams. Gold had settled at ₹1,46,519 per 10 grams in the previous trading session. The latest decline has brought gold prices down by around ₹500, according to the reported market figures.
Gold and Silver Prices in the International Market
Precious metals also traded lower in the international market. On COMEX, gold prices slipped by 0.06% to $4,149.20 per ounce at around 9:00 AM. Silver prices fell more sharply, declining 0.54% to $57.685 per ounce.
The downward movement in international prices came as both metals faced another session of weakness during the trading week.
MCX Gold Rate Today: Silver Falls by ₹1,596
By 10:10 AM on October 21, December gold futures on the MCX were trading at ₹1,46,000 per 10 grams, down 0.35% from the previous close of ₹1,46,519.
Silver futures also registered a significant decline. The price fell by ₹1,596 to ₹2,09,301 per kilogram.
These figures reflect futures market prices. Retail rates may differ depending on the city, jewellery retailer, taxes and other applicable charges.
Gold Price Today in Major Indian Cities
Gold prices vary across cities and purity levels. The following are the reported rates for 24-carat, 22-carat and 18-carat gold on October 21, 2026. All prices are for 10 grams.
| City | 24-Carat Gold | 22-Carat Gold | 18-Carat Gold |
|---|---|---|---|
| Delhi | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Mumbai | ₹1,46,080 | ₹1,33,900 | ₹1,09,560 |
| Kolkata | ₹1,46,080 | ₹1,33,900 | ₹1,09,560 |
| Chennai | ₹1,47,170 | ₹1,34,900 | ₹1,10,850 |
| Patna | ₹1,46,130 | ₹1,33,950 | ₹1,09,610 |
| Lucknow | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Meerut | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Kanpur | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Ayodhya | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Prayagraj | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Varanasi | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Ghaziabad | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Noida | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Gurugram | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Chandigarh | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
| Jaipur | ₹1,46,230 | ₹1,34,050 | ₹1,09,710 |
Among the listed cities, Chennai recorded the highest reported rates across all three gold purities. Mumbai and Kolkata had identical prices, while Delhi, Lucknow, Jaipur and several other cities shared the same reported rates.
Before purchasing gold jewellery or coins, buyers should check the latest local prices and confirm the final amount with their jeweller.
Disclaimer: This article is intended for general information purposes only and should not be considered financial or investment advice. Gold and silver prices can change throughout the trading day, and retail rates may vary by location, purity, taxes and making charges. Readers should verify the latest prices with reliable market sources or authorised jewellers before making any purchase or investment decision.