Gold and Silver Rate Today, October 22: Check 24K, 22K Gold Prices Across Major Cities
Gold prices in India witnessed a steep decline on Thursday, October 22, 2026, bringing some relief to prospective jewellery buyers after a period of elevated rates. The 24-carat gold price fell by Rs 1,700 per 10 grams, while 22-carat gold declined by Rs 1,550 over the same quantity. The 18-carat gold rate also recorded a significant drop.
The fall in domestic gold prices comes amid weakness in the international bullion market and rising crude oil prices, which have added to concerns about inflation and the global economic outlook. With Diwali approaching, the latest gold rate today could influence buying decisions among consumers planning to purchase jewellery, coins or gold bars.
The 24-carat gold rate, which represents 999-purity gold, stands at Rs 1,44,380 per 10 grams. Meanwhile, 22-carat gold, commonly used in jewellery, is priced at Rs 1,32,350 per 10 grams. The 18-carat category has also recorded a sharp fall, although the corresponding absolute rate has not been provided in the supplied data.
Here is a breakdown of the reported gold price changes:
The figures indicate that the biggest absolute decline was recorded in 24-carat gold. However, buyers should remember that the final retail price of jewellery may differ from the indicative gold rate because of making charges, applicable taxes and other costs.
Delhi has a slightly higher rate, while Ahmedabad and Vadodara are also reporting marginal differences.
These rates are useful for comparing the gold price today across major markets. Buyers should confirm the final price with a local jeweller before making a purchase.
Delhi is reporting a rate of Rs 13,250 per gram, while Ahmedabad and Vadodara are quoting Rs 13,240 per gram.
The decline of Rs 1,550 per 10 grams means that a buyer purchasing 20 grams of 22-carat gold at the new indicative rate would pay Rs 3,100 less for the gold component than at the corresponding pre-fall price, assuming all other costs remain unchanged.
Gold prices can respond to several factors, including movements in the US dollar, interest-rate expectations, investor demand for safe-haven assets and changes in global economic sentiment. Higher energy prices may also influence expectations about inflation and monetary policy, potentially affecting the attractiveness of gold.
However, the relationship between crude oil and gold is not automatic. A fall in gold prices cannot be attributed to rising oil prices alone without further market evidence.
However, a sharp fall does not guarantee that prices will rebound or remain at current levels. Gold prices can continue to fluctuate in response to international market movements, currency changes and investor sentiment.
Consumers planning a purchase should compare local gold rates, check the purity and hallmarking details, and account for making charges and taxes before deciding. Those considering gold as an investment should also assess their financial goals rather than making a decision based solely on a one-day price decline.
Disclaimer: The gold rates mentioned in this article are based on the price information available at the time of writing and may vary across jewellers and markets. We at NewsPoint are not responsible for discrepancies, price changes or financial decisions made on the basis of this information. Readers are advised to verify the latest rates with authorised jewellers before making a purchase.
The fall in domestic gold prices comes amid weakness in the international bullion market and rising crude oil prices, which have added to concerns about inflation and the global economic outlook. With Diwali approaching, the latest gold rate today could influence buying decisions among consumers planning to purchase jewellery, coins or gold bars.
Gold Rate Today in India: Latest Prices
According to the supplied price figures, gold rates across the three purity categories registered substantial declines on October 22.The 24-carat gold rate, which represents 999-purity gold, stands at Rs 1,44,380 per 10 grams. Meanwhile, 22-carat gold, commonly used in jewellery, is priced at Rs 1,32,350 per 10 grams. The 18-carat category has also recorded a sharp fall, although the corresponding absolute rate has not been provided in the supplied data.
Here is a breakdown of the reported gold price changes:
| Gold purity | Decline per 10 grams | Decline per 100 grams | Latest rate per 10 grams |
| 24 carat | Rs 1,700 | Rs 17,000 | Rs 1,44,380 |
| 22 carat | Rs 1,550 | Rs 15,500 | Rs 1,32,350 |
| 18 carat | Rs 1,270 | Rs 12,700 | Not provided |
24-Carat Gold Price Today in Major Cities
The 24-carat gold rate varies slightly between Indian cities. On October 22, prices in Mumbai, Chennai, Hyderabad, Kolkata, Bengaluru and Kerala are reported at Rs 14,438 per gram.Delhi has a slightly higher rate, while Ahmedabad and Vadodara are also reporting marginal differences.
| City | Price per gram | Price per 10 grams | Price per 100 grams |
| Mumbai | Rs 14,438 | Rs 1,44,380 | Rs 14,43,800 |
| Chennai | Rs 14,438 | Rs 1,44,380 | Rs 14,43,800 |
| Hyderabad | Rs 14,438 | Rs 1,44,380 | Rs 14,43,800 |
| Kolkata | Rs 14,438 | Rs 1,44,380 | Rs 14,43,800 |
| Bengaluru | Rs 14,438 | Rs 1,44,380 | Rs 14,43,800 |
| Delhi | Rs 14,453 | Rs 1,44,530 | Rs 14,45,300 |
| Ahmedabad | Rs 14,443 | Rs 1,44,430 | Rs 14,44,300 |
| Vadodara | Rs 14,443 | Rs 1,44,430 | Rs 14,44,300 |
22-Carat Gold Price Today in Major Cities
The 22-carat gold rate is particularly relevant for jewellery buyers because this purity is widely used in ornaments. On Thursday, the reported price in Mumbai, Chennai, Hyderabad, Kerala, Bengaluru, Kolkata and Pune stands at Rs 13,235 per gram.Delhi is reporting a rate of Rs 13,250 per gram, while Ahmedabad and Vadodara are quoting Rs 13,240 per gram.
| City | Price per gram | Price per 10 grams | Price per 100 grams |
| Mumbai | Rs 13,235 | Rs 1,32,350 | Rs 13,23,500 |
| Chennai | Rs 13,235 | Rs 1,32,350 | Rs 13,23,500 |
| Hyderabad | Rs 13,235 | Rs 1,32,350 | Rs 13,23,500 |
| Bengaluru | Rs 13,235 | Rs 1,32,350 | Rs 13,23,500 |
| Kolkata | Rs 13,235 | Rs 1,32,350 | Rs 13,23,500 |
| Pune | Rs 13,235 | Rs 1,32,350 | Rs 13,23,500 |
| Delhi | Rs 13,250 | Rs 1,32,500 | Rs 13,25,000 |
| Ahmedabad | Rs 13,240 | Rs 1,32,400 | Rs 13,24,000 |
| Vadodara | Rs 13,240 | Rs 1,32,400 | Rs 13,24,000 |
Why Are Gold Prices Falling Today?
The recent fall in gold prices has been linked to weakness in the international bullion market, with spot gold reported below the $4,100 mark. Meanwhile, crude oil prices have climbed towards $111 per barrel, adding to concerns about inflation and energy costs.Gold prices can respond to several factors, including movements in the US dollar, interest-rate expectations, investor demand for safe-haven assets and changes in global economic sentiment. Higher energy prices may also influence expectations about inflation and monetary policy, potentially affecting the attractiveness of gold.
However, the relationship between crude oil and gold is not automatic. A fall in gold prices cannot be attributed to rising oil prices alone without further market evidence.
Could Lower Gold Rates Boost Diwali Buying?
The decline in gold rates may encourage some consumers who have been postponing jewellery purchases in anticipation of more affordable prices. With the festive season approaching, lower prices could influence household spending on gold ornaments, coins and bars.However, a sharp fall does not guarantee that prices will rebound or remain at current levels. Gold prices can continue to fluctuate in response to international market movements, currency changes and investor sentiment.
Consumers planning a purchase should compare local gold rates, check the purity and hallmarking details, and account for making charges and taxes before deciding. Those considering gold as an investment should also assess their financial goals rather than making a decision based solely on a one-day price decline.
Disclaimer: The gold rates mentioned in this article are based on the price information available at the time of writing and may vary across jewellers and markets. We at NewsPoint are not responsible for discrepancies, price changes or financial decisions made on the basis of this information. Readers are advised to verify the latest rates with authorised jewellers before making a purchase.
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