The short answer
On 23 October 2026, 24-carat gold is ₹1,23,609 per 10 grams and 22-carat gold is ₹1,13,308 per 10 grams in India. That is ▼₹2,146 and ▼₹1,967 lower than on 22 October 2026, a move of about 1.71%. 18-carat gold is ₹92,707 per 10 grams.
City rates for 24K today range from Bangalore at ₹1,33,661 to Delhi at ₹1,33,915 per 10 grams. Shop prices will be higher than these metal-only rates once making charges and GST are added.
Shop rates for 22K on the same morning range from Chandukaka Saraf at ₹13,298 to ₹14,528 per gram, before making charges and GST.
What matters today
- Gold dropped ▼₹2,146 per 10g from yesterday, a change of about 1.71%.
- The 10-day range is ₹6,933 per 10g, and today's 24K rate sits 0% through that range.
- Making charges change your final bill more than the gold rate does. A 25% making charge on 10g of 22K adds roughly ₹28,327 before GST.
- Delhi has the highest 24K city rate today at ₹1,33,915; Bangalore is the lowest at ₹1,33,661.
Today's updates
We update this report twice a day. Newest entry first.
Benchmark rates published for the day. 24K dropped to ₹1,23,609 per 10g, ▼₹2,146 (1.71%).
City rates updated for Mumbai, Delhi, Bangalore, Chennai, Kolkata, Hyderabad and Ahmedabad. Delhi leads 24K at ₹1,33,915 per 10g.
Previous close: 24K at ₹1,25,755, 22K at ₹1,15,275 and 18K at ₹94,316 per 10 grams.
What are today's national gold benchmark rates?
Metal value only, per 10 grams, as of 00:30 IST on 23 October 2026.
| Purity | Today | Yesterday | Change | % |
|---|---|---|---|---|
| 24K (999) | ₹1,23,609 | ₹1,25,755 | −₹2,146 | −1.71% |
| 22K (916) | ₹1,13,308 | ₹1,15,275 | −₹1,967 | −1.71% |
| 18K (750) | ₹92,707 | ₹94,316 | −₹1,609 | −1.71% |
Per gram: 24K ₹12,361 · 22K ₹11,331 · 18K ₹9,271. City rates and jeweller rates will differ; see below.
Jeweller rates: Chandukaka Saraf and CaratLane
Rates taken from each jeweller's own website on 23 October 2026. Gold rates only, before making charges, wastage and GST.
| Jeweller | 24K /g | 22K /g | 18K /g | 22K per 10g | Updated |
|---|---|---|---|---|---|
| Chandukaka Saraf Maharashtra | ₹14,350 | ₹13,298 | ₹10,987 | ₹1,32,980 | 2026-10-22 06:12:48 |
| CaratLane Mumbai | — | ₹14,528 | — | ₹1,45,280 | Today |
Sources: Chandukaka Saraf, CaratLane. A dash means the jeweller does not list that purity. CaratLane's rate is a Mumbai shop price, which is why it is higher than the other rates.
How jeweller rates moved today
Jewellers change their rates slowly instead of following the bullion market minute by minute. That is why shop rates take time to catch up with the benchmark, whether prices go up or down. The lowest listed 22K rate is Chandukaka Saraf at ₹13,298 per gram, and the highest is ₹14,528 per gram.
Why the jeweller rate is higher than the benchmark
A benchmark rate is the value of the metal alone. A jeweller's rate is a shop price, so it also includes import duty, state taxes, refining, transport, insurance and the shop's own profit. On top of that you still pay making charges, usually 8% to 28% of the gold value, plus 3% GST on the gold and 5% GST on the making charges.
What are the gold rates in different Indian cities today?
Local rates for 10 grams, 23 October 2026. City rates come from local bullion associations, so they are different from the national benchmark above.
| City | 24K | 22K | 24K change |
|---|---|---|---|
| Ahmedabad | ₹1,33,746 | ₹1,22,606 | -2,322 |
| Bangalore | ₹1,33,661 | ₹1,22,521 | -2,320 |
| Chennai | ₹1,33,661 | ₹1,22,521 | -2,320 |
| Delhi | ₹1,33,915 | ₹1,22,776 | -2,325 |
| Hyderabad | ₹1,33,661 | ₹1,22,521 | -2,320 |
| Kolkata | ₹1,33,661 | ₹1,22,521 | -2,320 |
| Mumbai | ₹1,33,661 | ₹1,22,521 | -2,320 |
Delhi has the highest 24K rate today at ₹1,33,915. Bangalore is the lowest at ₹1,33,661.
Why did gold prices drop today, and what's the market sentiment?
Gold fell because traders booked profits after recent gains and the US dollar got stronger overnight. When the dollar is strong, gold costs more for buyers using other currencies, so demand usually softens.
Gold is 0% of the way through its 10-day range. A move above ₹1,30,542 would set a new 10-day high; a break below ₹1,23,609 would set a new low.
How have gold prices moved over the last 10 days?
| Purity | High | Low | Range |
|---|---|---|---|
| 24K | ₹1,30,542 | ₹1,23,609 | ₹6,933 |
| 22K | ₹1,19,663 | ₹1,13,308 | ₹6,355 |
| 18K | ₹97,906 | ₹92,707 | ₹5,200 |
What is the current gold rate in Mumbai?
In Mumbai, India's main bullion trading centre, 24K gold is ₹1,33,661 per 10 grams, down ₹2,320.44 today. City rates already include each city's local premium over the national benchmark.
| Purity | Per 10g | Per gram |
|---|---|---|
| 24K | ₹1,33,661 | ₹13,366 |
| 22K | ₹1,22,521 | ₹12,252 |
| 18K | ₹1,00,241 | ₹10,024 |
A city reference rate and a jeweller's shop price are two different things. A jeweller's rate also includes import duty, local taxes, refining, transport and profit, plus making charges and GST on top.
Frequently asked questions
What is the gold rate today, 23 October 2026?
24-carat gold is ₹1,23,609 per 10 grams and 22-carat gold is ₹1,13,308 per 10 grams on the national benchmark. That is ▼₹2,146 (1.71%) from 22 October 2026. 18-carat gold is ₹92,707 per 10 grams.
Which city has the highest gold rate today?
Delhi has the highest 24K rate today at ₹1,33,915 per 10 grams, while Bangalore has the lowest at ₹1,33,661. A city rate is a metal reference; what you pay in a shop will be higher after making charges and GST.
Why did gold prices drop today?
Gold fell because traders booked profits after recent gains and the US dollar got stronger overnight. When the dollar is strong, gold costs more for buyers using other currencies, so demand usually softens.
How do I calculate the final price of gold jewellery?
Multiply today's per-gram rate for your purity by the net gold weight, add the making charge (usually 8% to 28% of the gold value), then add 3% GST on the gold value and 5% GST on the making charges.
Which jeweller has the lowest gold rate today?
Chandukaka Saraf lists the lowest 22K rate at ₹13,298 per gram, while the highest is ₹14,528 per gram. But the gold rate is only part of the cost. A jeweller with a lower rate and a higher making charge can still cost you more overall.
Is 916 gold the same as 22 carat?
Yes. The 916 hallmark means 91.6 grams of pure gold in every 100 grams of the mix, which is 22 carat. 24 carat is 99.9% pure and is used for coins and bars instead of jewellery.
