Gold and Silver Prices in India Today, 12 October 2026: Gold at ₹149,880, Silver at ₹223,920 as Both Fall

Gold and silver rates today in India, 12 October 2026. 24K gold falls 1.21% to ₹149,880 per 10g and silver drops 0.98% to ₹223,920 per kg. Check city-wise rates and MCX data below.

Gold and Silver Prices in India Today, 12 October 2026: Gold at ₹149,880, Silver at ₹223,920 as Both Fall
Gold and Silver Prices in India Today, 12 October 2026: Gold at ₹149,880, Silver at ₹223,920 as Both Fall

Gold and silver both fell today. 24K gold is at ₹149,880 per 10 grams, down ₹1,840 or 1.21% on the day. Silver 999 is at ₹223,920 per kg, down ₹2,220 or 0.98%.

Gold fell more than silver today.

City-Wise Gold and Silver Rate Today in India, 12 October 2026

City24K Gold (per 10g)22K Gold (per 10g)Silver 999 (per kg)
Delhi₹149,880₹137,390₹223,920
Mumbai₹149,880₹137,390₹223,920
Kolkata₹149,880₹137,390₹223,920
Chennai₹149,880₹137,390₹223,920
Bangalore₹149,880₹137,390₹223,920
Hyderabad₹149,880₹137,390₹223,920
Pune₹149,880₹137,390₹223,920
Ahmedabad₹149,880₹137,390₹223,920
Surat₹149,880₹137,390₹223,920
Jaipur₹149,880₹137,390₹223,920

Source: bullions.co.in, last updated 12 October 2026, 17:25 IST. National bullion rate shown for each city. Local jeweller prices vary with state taxes, logistics, making charges and GST.

Have Gold and Silver Prices Risen Today?

No. Both fell on the day. Gold is still slightly higher than a week ago, while silver is lower.

Period24K Gold (₹/10g)ChangeSilver 999 (₹/kg)Change
1 Day Ago (11 Oct)151,720🔴▼ -1.21%226,140🔴▼ -0.98%
1 Week Ago (5 Oct)149,450🟢▲ +0.29%226,450🔴▼ -1.12%
1 Month Ago (12 Sep)153,250🔴▼ -2.20%234,670🔴▼ -4.58%
1 Year Ago (12 Oct 2025)121,660🟢▲ +23.20%146,910🟢▲ +52.42%

Gold Price Today: What It Means for Buyers

22K gold, the purity used for most jewellery, is at ₹137,390 per 10g. One gram of 24K costs ₹14,988. One gram of 22K costs ₹13,739.

24K gold is 2.20% below its 12 September level of ₹153,250. It is up 0.29% on the week and 23.20% over a year.

Silver Rate Today and Weekly Trend

Silver fell 0.98% today and is down 1.12% on the week.

Silver is down 4.58% from ₹234,670 a month ago, about twice gold's monthly fall. Over a year it is up 52.42%.

MCX Gold and Silver Rate Today

MCX was still trading at the time of the snapshot. These are last-traded prices at 17:25 IST, not closing prices.

ContractLast TradedChangeHighLow
MCX Gold (₹/10g)149,671🔴▼ -1,828 (-1.21%)151,596149,601
MCX Silver (₹/kg)223,602🔴▼ -2,153 (-0.95%)225,864223,349

Both MCX contracts are trading near their session lows.

Key Factors Driving Prices This Week

  • Comex gold down 0.47%: Gold is at $4,196.40 an ounce, trading between $4,192.50 and $4,242.30.
  • Comex silver down 0.15%: Silver is at $60.96 an ounce, trading between $60.76 and $61.75.
  • Steeper fall at home: Indian gold fell 1.21% today, more than double the 0.47% drop on Comex.
  • Split week: gold is still just above last Monday's level, while silver is below it.

Buying Tips

  • Check the BIS hallmark and six-digit HUID on any jewellery you buy.
  • Ask for making charges and GST as separate lines. They are added on top of the rates above.
  • Gold has slipped below ₹150,000 per 10g today. Spreading purchases across a few sessions reduces timing risk while prices swing.

FAQs

What is the gold rate in India today, 12 October 2026?

24K gold is ₹149,880 per 10 grams and 22K gold is ₹137,390 per 10 grams, according to bullions.co.in at 17:25 IST. That is 1.21% lower than yesterday.

What is the silver rate in India today, 12 October 2026?

Silver 999 is ₹223,920 per kg, down 0.98% on the day. It is 1.12% lower than a week ago.

Why did gold fall more in India than on Comex today?

Indian gold fell 1.21% while Comex gold fell 0.47%. Comex is priced in US dollars, so Indian rates also depend on the rupee and local market conditions.