Gold Rate Today, October 10, 2026: Check the latest 18K, 22K and 24K gold prices across India. (Img: Pinterest)
Mumbai: Gold prices across India recorded another increase on Saturday, making the latest rates important for consumers planning jewellery purchases and investors tracking the bullion market. The price of 24 carat gold rose by Rs 71 per gram compared with October 9, while 22 carat and 18 carat gold also became more expensive, according to report.
The latest national indicative rates put 24 carat gold at Rs 15,142 per gram, 22 carat gold at Rs 13,880 per gram and 18 carat gold at Rs 11,357 per gram. These rates give buyers an updated reference point before purchasing gold coins, bars or jewellery.
On October 10, 24-carat gold was priced at Rs 15,142 per gram, marking an increase of Rs 71 from the previous day's rate. The price of 22-carat gold climbed by Rs 65 per gram to Rs 13,880, while 18-carat gold rose by Rs 54 per gram to Rs 11,357.
Gold purity plays an important role in determining the price of jewellery and investment products. Generally, 24-carat gold is considered nearly pure gold and is commonly used for investment products such as coins and bars. Since pure gold is relatively soft, 22-carat gold is widely used to make traditional jewellery. Eighteen-carat gold contains a lower proportion of gold and is often used in contemporary jewellery designs, including pieces featuring gemstones.
Gold prices can vary across cities because of local market conditions, transportation costs, jeweller pricing and other regional factors. The reported rates for major Indian cities on Saturday are as follows.
In Delhi, 24-carat gold was priced at Rs 15,157 per gram, while 22 carat gold stood at Rs 13,895 and 18-carat gold at Rs 11,372.
In Mumbai, 24-carat gold was available at Rs 15,142 per gram. The 22 carat rate stood at Rs 13,880, while 18-carat gold was priced at Rs 11,357.
In Chennai, the reported price of 24-carat gold was Rs 15,142 per gram, with 22 carat gold at Rs 13,880 and 18-carat gold at Rs 11,400.
In Kolkata, 24-carat gold was priced at Rs 15,142 per gram. The rate for 22 carat gold stood at Rs 13,880, while 18-carat gold was priced at Rs 11,357.
In Bengaluru, the price of 24-carat gold stood at Rs 15,142 per gram. Twenty-two carat gold was priced at Rs 13,880, while 18-carat gold cost Rs 11,357 per gram.
In Hyderabad, 24-carat gold was priced at Rs 15,142 per gram, 22 carat gold at Rs 13,880 and 18-carat gold at Rs 11,357.
Whereas in Pune, the reported prices were Rs 15,142 per gram for 24-carat gold, Rs 13,880 for 22 carat gold and Rs 11,357 for 18-carat gold.
In Vadodara and Ahmedabad, 24-carat gold was priced at Rs 15,147 per gram. The 22 carat rate stood at Rs 13,885, while 18-carat gold was priced at Rs 11,362.
These figures are indicative market rates and may differ from the final prices quoted by individual jewellery stores.
Gold prices are influenced by a combination of international bullion trends, currency movements, geopolitical uncertainty and domestic demand. Investors frequently turn to gold during periods of global instability because it is widely viewed as a safe-haven asset. However, its market price can still fluctuate significantly in response to changing economic expectations and investor sentiment.
Developments in West Asia remain an important factor to monitor. Renewed military tensions uncertainty around maritime trade routes and concerns about potential energy market disruptions can influence investor demand for precious metals. Changes in the US dollar, government bond yields and expectations about US monetary policy can also affect international gold prices.
For India, the rupee-dollar exchange rate is particularly important because a substantial share of the country's gold supply is imported. A weaker rupee can increase the domestic cost of imported gold, while currency appreciation may ease some of that pressure, all else being equal. Import duties, domestic taxes, local demand and jewellery-sector pricing can also influence the rates consumers encounter.
Although gold is often used as a store of value, rising prices do not guarantee future gains. Investors should consider their financial objectives, purchase costs and investment horizon before making decisions based on short-term price movements.
Consumers planning to purchase gold should compare the latest rates across local jewellers and confirm the price applicable to their chosen purity. The final jewellery bill may be higher than the indicative gold rate because it can include making charges, applicable Goods and Services Tax, and other disclosed costs.
Buyers should also check the item's purity and hallmarking details, understand whether making charges are calculated as a percentage or a fixed amount and request a detailed invoice. Comparing the final bill rather than only the advertised per-gram rate can help consumers assess the actual cost of a purchase.
