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Gold and Silver Price Today: Did the price of gold or silver fall on the day of Dussehra? Check the rates before making a purchase..
On Tuesday, October 20, 2026—the day of Dussehra, also known as Vijayadashami—a decline was observed in the prices of gold and silver. Gold prices dipped during early trading in Asian markets. Investors are closely watching the US Federal Reserve’s upcoming monetary policy and retail inflation data, as these may provide cues regarding the future direction of interest rates, which could, in turn, impact gold prices.
What are the prices in the global market?
In the international commodity market, COMEX, both gold and silver saw an initial decline on Tuesday morning, though prices later recovered. Around 9:00 AM on COMEX, gold was trading up by 0.08% at $4,163 per ounce, while silver showed a gain of 0.54%, trading at $57.585.
Trading closed on MCX
Due to the Dussehra holiday, trading is suspended today on the domestic futures exchange, the Multi Commodity Exchange (MCX), as well as at the Indian Bullion and Jewellers Association (IBJA). Consequently, those looking to make purchases should be aware of the prices available through various other sources.
What were the prices on the last trading day on MCX?
With the domestic futures exchange (MCX) closed on Tuesday for the Dussehra holiday, the closing prices from the previous trading day were as follows:
* Gold: ₹1,47,300 per 10 grams.
* Silver: ₹2,09,825 per kilogram.
What are the prices of gold and silver today?
According to the prices available on Bullions.co.in on Tuesday, the rates for gold and silver are as follows:
* Gold: ₹1,47,600 per 10 grams. * Silver: ₹2,10,260 per kilogram.
Meanwhile, according to the latest closing prices available on the Indian Bullion and Jewellers Association (IBJA) platform:
* 24-carat gold: ₹14,594 per gram.
* 22-carat gold: ₹14,244 per gram.
* 18-carat gold: ₹11,822 per gram.
Why is trading closed today?
Trading is suspended across platforms—from the MCX to the IBJA—on October 20, on the occasion of Vijayadashami. Gold prices may vary based on the carat, purity, city, and the local jeweller. Furthermore, when purchasing jewellery, making charges and applicable taxes also influence the total cost.
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