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Mon, 26 Oct 2026
09:54:43 am
Mon, 26 Oct 2026
09:54:43 am
Rudransh Sangwan
Published at: October 26, 2026, 5:37 AM
Synopsis
Gold rate today on October 26, 2026: Check 24K and 22K gold prices in six Indian cities, silver rates and international bullion prices.
The short version
Gold prices remained under pressure on October 26 as concerns about inflation and the possibility of higher US interest rates weighed on precious metals. Early morning data put 24K gold at Rs 1,42,510 per 10 grams and 22K gold at Rs 1,30,634 per 10 grams.
In the domestic futures market, gold had fallen during the previous session. On October 23, gold on the Multi Commodity Exchange (MCX) settled at Rs 1,42,024 per 10 grams, down around 0.9% during the session. Silver also fell, losing about 2% to settle at Rs 1,95,719 per kg.
The latest figures show that gold and silver were both trading slightly lower in international markets during early hours on October 26. However, retail rates differed across Indian cities, making location an important factor for buyers checking prices.
Early morning indicative rates put 24K gold at Rs 1,42,510 per 10 grams and 22K gold at Rs 1,30,634 per 10 grams. These figures provide a broad reference for the domestic market, while city wise prices showed small differences.
The distinction between the two purity levels matters when comparing jewellery prices. 24K gold has a higher purity and is commonly used as a benchmark for gold prices, while 22K gold is widely used in jewellery. The final price paid at a jewellery shop may differ from the indicative rates because of applicable taxes, making charges and seller specific pricing.
Chennai recorded the highest 24K gold price among the six cities listed, at Rs 1,42,670 per 10 grams. Delhi had the lowest rate at Rs 1,42,010. The difference between these two prices was Rs 660 per 10 grams.
Mumbai's 24K gold rate stood at Rs 1,42,250, while Bengaluru was at Rs 1,42,370. Hyderabad's rate was Rs 1,42,480, and Kolkata's was Rs 1,42,070. The 22K rates followed a similar pattern, with Chennai at the top and Delhi at the bottom.
| City | 24K gold per 10 grams | 22K gold per 10 grams |
|---|---|---|
| Mumbai | Rs 1,42,250 | Rs 1,30,396 |
| Delhi | Rs 1,42,010 | Rs 1,30,176 |
| Chennai | Rs 1,42,670 | Rs 1,30,781 |
| Kolkata | Rs 1,42,070 | Rs 1,30,231 |
| Bengaluru | Rs 1,42,370 | Rs 1,30,506 |
| Hyderabad | Rs 1,42,480 | Rs 1,30,607 |
Rates are indicative figures provided for October 26. Actual jewellery prices may vary by seller.
The city wise figures are useful for comparing local rates, but buyers should check the price quoted by their jeweller before making a purchase. The listed rates do not establish the final bill for jewellery, which may include other charges.
Readers tracking daily bullion prices can also compare these figures with earlier updates on gold and silver rates across India.
Silver prices remained elevated in absolute terms but faced selling pressure during the previous session. On October 23, silver on the MCX settled at Rs 1,95,719 per kg after losing around 2%.
Early on October 26, silver was quoted at Rs 1,96,600 per kg in the broad domestic market snapshot. The price of 925 sterling silver was Rs 1,81,855 per kg. City wise rates for 999 fine silver ranged from Rs 1,95,900 in Delhi to Rs 1,96,810 in Chennai.
| City | 999 fine silver per kg |
|---|---|
| Mumbai | Rs 1,96,240 |
| Delhi | Rs 1,95,900 |
| Chennai | Rs 1,96,810 |
| Kolkata | Rs 1,95,980 |
| Bengaluru | Rs 1,96,400 |
| Hyderabad | Rs 1,96,550 |
Chennai had the highest listed silver price, while Delhi had the lowest. The gap was Rs 910 per kg. These figures are indicative and may differ from the prices charged by local sellers.
Gold and silver can move in the same direction when market conditions affect precious metals broadly, but their prices do not always change by the same percentage. The previous session's figures showed a larger fall in silver than in gold.
Rising international crude oil prices were cited as a factor behind concerns about inflation and the possible response from the US Federal Reserve. If inflation remains elevated, markets may expect the central bank to keep interest rates higher or consider further increases. Such expectations can weigh on precious metals.
Gold does not pay interest. When market expectations shift towards higher interest rates, assets that provide interest income can become relatively more attractive. This can put pressure on gold prices, although actual price movements also depend on other market conditions.
The supplied figures do not establish how much of gold's fall was caused by crude oil or interest rate expectations. They show that both precious metals had weakened during the previous session and remained marginally lower in international trading early on October 26.
Earlier price movements provide further context for readers following the commodity market. WeloMoney has also covered the recent fall in gold and silver prices, which offers background on movements in both metals.
International futures prices were slightly lower in early trading on October 26. Comex gold was down around 0.12% at $4,002.90 per ounce, while Comex silver was down around 0.16% at $54.035 per ounce.
| Commodity | International price | Early trading change |
|---|---|---|
| Comex gold | $4,002.90 per ounce | Down 0.12% |
| Comex silver | $54.035 per ounce | Down 0.16% |
The international prices were recorded at around 00:25 GMT on October 26. The domestic snapshot was recorded at around 5:40 a.m. Indian time. These are time specific observations, not closing prices for the day.
International bullion prices and domestic prices are quoted in different units and currencies. Their movements can also differ because of currency movements, local market conditions and other pricing factors. A direct comparison of the numerical values in dollars per ounce and rupees per 10 grams or kilogram would therefore be misleading without conversion.
The next useful reference points are fresh domestic bullion prices, international gold and silver movements, and changes in expectations for US interest rates. Crude oil prices are also worth monitoring because the supplied market commentary links their rise to renewed inflation concerns.
For people comparing jewellery prices, the city wise table provides a starting point. The listed rates should be checked against current jeweller quotations before a purchase, especially when comparing different purity levels. The price of the metal alone may not match the final amount payable.
Market watchers can also compare the next MCX settlement with the October 23 closing figures. Gold had settled at Rs 1,42,024 per 10 grams and silver at Rs 1,95,719 per kg on that date. Fresh trading data will show whether the early October 26 weakness continued through the session.
The indicative 24K gold rate was Rs 1,42,510 per 10 grams in early trading on October 26, 2026. City wise prices ranged from Rs 1,42,010 in Delhi to Rs 1,42,670 in Chennai. Local jeweller prices may differ.
The indicative 22K gold rate was Rs 1,30,634 per 10 grams on October 26, 2026. Among the listed cities, Delhi had the lowest rate at Rs 1,30,176, while Chennai had the highest at Rs 1,30,781.
Chennai had the highest listed gold prices among the six cities covered on October 26, 2026. Its 24K rate was Rs 1,42,670 per 10 grams, and its 22K rate was Rs 1,30,781 per 10 grams.
The indicative domestic silver price was Rs 1,96,600 per kg in early trading on October 26, 2026. City wise 999 fine silver prices ranged from Rs 1,95,900 per kg in Delhi to Rs 1,96,810 in Chennai.
Gold prices were under pressure amid rising crude oil prices and concerns about inflation and possible US Federal Reserve interest rate increases. Gold does not pay interest, so expectations of higher rates can weigh on demand for the metal. The available figures do not quantify the contribution of each factor.
Gold settled at Rs 1,42,024 per 10 grams on the MCX on October 23, 2026, after falling around 0.9% during the session. Silver settled at Rs 1,95,719 per kg, down around 2%.
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Gold and silver prices fell, with silver down 10% in October and at a seven month low. Rising crude and US rate uncertainty added pressure.
Gold and silver prices fell, with silver down 10% in October and at a seven month low. Rising crude and US rate uncertainty added pressure.
