Gold and Silver Prices in India Today, 23 October 2026: Gold at ₹143,130, Silver at ₹196,050 as Silver Drops Below ₹2 Lakh
Gold and silver rates today in India, 23 October 2026. 24K gold slips 0.35% to ₹143,130 per 10g and silver falls 2.16% to ₹196,050 per kg, dropping below ₹200,000. Check city-wise rates and MCX data below.
Gold and silver both fell today. 24K gold is at ₹143,130 per 10 grams, down ₹500 or 0.35% on the day. Silver 999 is at ₹196,050 per kg, down ₹4,330 or 2.16%.
Silver has dropped below ₹200,000 per kg.
City-Wise Gold and Silver Rate Today in India, 23 October 2026
| City | 24K Gold (per 10g) | 22K Gold (per 10g) | Silver 999 (per kg) |
|---|---|---|---|
| Delhi | ₹143,130 | ₹131,203 | ₹196,050 |
| Mumbai | ₹143,130 | ₹131,203 | ₹196,050 |
| Kolkata | ₹143,130 | ₹131,203 | ₹196,050 |
| Chennai | ₹143,130 | ₹131,203 | ₹196,050 |
| Bangalore | ₹143,130 | ₹131,203 | ₹196,050 |
| Hyderabad | ₹143,130 | ₹131,203 | ₹196,050 |
| Pune | ₹143,130 | ₹131,203 | ₹196,050 |
| Ahmedabad | ₹143,130 | ₹131,203 | ₹196,050 |
| Surat | ₹143,130 | ₹131,203 | ₹196,050 |
| Jaipur | ₹143,130 | ₹131,203 | ₹196,050 |
Source: bullions.co.in, last updated 23 October 2026, 17:40 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. Silver is 7.44% lower than a week ago.
| Period | 24K Gold (₹/10g) | Change | Silver 999 (₹/kg) | Change |
|---|---|---|---|---|
| 1 Day Ago (22 Oct) | 143,630 | 🔴▼ -0.35% | 200,380 | 🔴▼ -2.16% |
| 1 Week Ago (16 Oct) | 148,270 | 🔴▼ -3.47% | 211,800 | 🔴▼ -7.44% |
| 1 Month Ago (23 Sep) | 152,090 | 🔴▼ -5.89% | 236,080 | 🔴▼ -16.96% |
| 1 Year Ago (23 Oct 2025) | 124,530 | 🟢▲ +14.94% | 149,000 | 🟢▲ +31.58% |
Gold Price Today: What It Means for Buyers
22K gold, the purity used for most jewellery, is at ₹131,203 per 10g. One gram of 24K costs ₹14,313. One gram of 22K costs ₹13,120.
24K gold is 5.89% below its 23 September level of ₹152,090. It is down 3.47% on the week and up 14.94% over a year.
Silver Rate Today and Weekly Trend
Silver fell 2.16% today, more than six times gold's fall, and is down 7.44% on the week.
Silver is down 16.96% from ₹236,080 a month ago. Over a year it is still up 31.58%.
MCX Gold and Silver Rate Today
MCX was still trading at the time of the snapshot. These are last-traded prices at 17:40 IST, not closing prices. MCX gold is trading near its session high.
| Contract | Last Traded | Change | High | Low |
|---|---|---|---|---|
| MCX Gold (₹/10g) | 142,805 | 🔴▼ -504 (-0.35%) | 142,980 | 141,806 |
| MCX Silver (₹/kg) | 195,604 | 🔴▼ -3,995 (-2.00%) | 198,320 | 192,800 |
MCX silver traded as low as ₹192,800 during the session.
Key Factors Driving Prices This Week
- Oil and inflation: bullions.co.in linked gold's dip to an oil price surge fuelling inflation worries before a Fed decision.
- Comex gold down 0.54%: Gold is at $4,038.50 an ounce, trading between $4,000.90 and $4,047.80.
- Comex silver down 1.97%: Silver is at $53.93 an ounce, trading between $53.52 and $54.80.
- Silver imports: bullions.co.in reported that India has cleared 6,500 tonnes of silver imports over six months.
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.
- Silver has fallen nearly 17% in a month. Spreading purchases across a few sessions reduces timing risk while it stays volatile.
FAQs
What is the gold rate in India today, 23 October 2026?
24K gold is ₹143,130 per 10 grams and 22K gold is ₹131,203 per 10 grams, according to bullions.co.in at 17:40 IST. That is 0.35% lower than yesterday.
What is the silver rate in India today, 23 October 2026?
Silver 999 is ₹196,050 per kg, down 2.16% on the day. It is 16.96% lower than a month ago.
Why is silver falling more than gold?
Comex silver is down 1.97% against 0.54% for Comex gold. In India, silver fell 2.16% today while gold fell 0.35%.
