Gold Rate Today in India: Gold is shining brighter today, on the occasion of Karwa Chauth. Prices have risen for the fourth consecutive day. Following a single day of stability, the price of 10 grams of 24-carat gold has increased by ₹1,380, while 22-carat gold has become ₹1,260 costlier over these four days. As for today, in the national capital, Delhi, the price of 10 grams of 24-carat gold has gone up by ₹10, and 22-carat gold has also risen by ₹10. Meanwhile, silver—following six consecutive days of stability—has seen a decline today, driven by sluggish industrial demand, with the price of one kilogram of silver dropping by ₹100. 

Gold Prices by City

Let’s take a look at the prices of 10 grams of gold—in 18-carat, 22-carat, and 24-carat purities—across 10 major cities in the country...

City    24-Carat Gold (10g) Price    22-Carat Gold (10g) Price    18-Carat Gold (10g) Price
Delhi              ₹1,44,110                    ₹1,32,110                                ₹1,08,120
Mumbai         ₹1,43,960                  ₹1,31,960                               ₹1,07,970
Kolkata          ₹1,43,960                 ₹1,31,960                                ₹1,07,970
Chennai         ₹1,43,960                ₹1,31,960                                 ₹1,07,970
Bengaluru     ₹1,43,960                 ₹1,31,960                                ₹1,07,970
Hyderabad     ₹1,43,960               ₹1,31,960                               ₹1,07,970
Lucknow       ₹1,44,110                  ₹1,32,110                                ₹1,08,120
Patna            ₹1,44,010                 ₹1,32,010                                 ₹1,08,020
Jaipur             ₹1,44,110                 ₹1,32,110                               ₹1,08,120
Ahmedabad     ₹1,44,010             ₹1,32,010                               ₹1,08,020

Silver Prices Slip After Five Days of Stability

After a two-day decline, silver remained stable for five consecutive days, but has now slipped again. Today, its price has fallen by ₹100 per kilogram. Before five days of stability, the price of one kilogram of silver had dropped by ₹10,000 over two consecutive days—October 22 and 23. As of today, the price of one kilogram of silver in Delhi has fallen by ₹100, bringing it to ₹2,19,900. It is trading at this same price in other major metropolitan cities, including Mumbai, Chennai, and Kolkata.

Gold receives support from the US Fed’s decision.

The US Federal Reserve opted to keep interest rates unchanged this time. This has provided support to non-interest-bearing assets like gold. Conversely, any signs of a hawkish policy stance or interest rate hikes by the Federal Reserve tend to have a negative impact on gold prices. Meanwhile, the current surge in crude oil prices is exerting pressure on gold, limiting its upward momentum. The global oil benchmark, Brent crude, is currently hovering around $114 per barrel.

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