Gold Price Weekly: Gold and silver prices have seen a decline this week, driven by global pressures. As there is no trading on the Multi Commodity Exchange (MCX) today, Saturday, October 24, the rates from the previous day remain applicable. The IBJA (India Bullion and Jewellers Association) market also remains closed on Saturdays and Sundays. On the MCX, the futures price for 24-carat gold fell by 0.81%—a decrease of ₹1,159—to close at ₹142,150 per 10 grams.
Meanwhile, according to the IBJA, the price of 24-carat gold stood at ₹141,630 per tola at the close of the market. If you are considering purchasing gold jewellery for your wife for the occasion of Karwa Chauth, the current rate is an excellent opportunity. Let’s take a look at the latest gold rates.
What is the current price of gold?
On the MCX, the gold contract for December 4, 2026, dropped by ₹1,159 to ₹142,150 per 10 grams. On the IBJA, the price for 24-carat gold is ₹141,630 per 10 grams. On COMEX, gold is currently trading at $4,010 per ounce in the global market. In the Delhi bullion market, 24-carat gold is priced at ₹146,100 per 10 grams (inclusive of all taxes).
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How much has the price of gold dropped in a week?
According to the IBJA website, the price of 24-carat gold was recorded at ₹146,426 per 10 grams on October 16; by October 23, it had fallen to ₹141,630 per 10 grams. This means that gold has become cheaper by approximately ₹5,000 over the course of a week—an excellent opportunity for those looking to make a purchase.
Gold and silver are now significantly cheaper than their peak prices. On the MCX, gold is available at a price that is Rs 60,834 lower than its peak of Rs 202,984 per 10 grams. Meanwhile, silver is now Rs 261,328 per kilogram cheaper compared to its peak level of Rs 547,328.
Delhi Gold Rate
24-carat gold (10 grams) – ₹142,630
22-carat gold (10 grams) – ₹130,750
18-carat gold (10 grams) – ₹106,860
Mumbai Gold Rate
24-carat gold (10 grams) – ₹142,480
22-carat gold (10 grams) – ₹130,600
18-carat gold (10 grams) – ₹106,860
Kolkata Gold Rate
24-carat gold (10 grams) – ₹142,480
22-carat gold (10 grams) – ₹130,600
18-carat gold (10 grams) – ₹106,860
Chennai Gold Rate
24-carat gold (10 grams) – ₹142,480
22-carat gold (10 grams) – ₹130,600
18-carat gold (10 grams) – ₹106,860
Patna Gold Rate
24-carat gold (10 grams) – ₹142,530
22-carat gold (10 grams) – ₹130,650
18-carat gold (10 grams) – ₹106,910
Lucknow Gold Rate
24-carat gold (10 grams) – ₹142,630
22-carat gold (10 grams) – ₹130,750
18-carat gold (10 grams) – ₹106,860
Ayodhya Gold Rate
24-carat gold (10 grams) – ₹142,630
22-carat gold (10 grams) – ₹130,750
18-carat gold (10 grams) – ₹106,860
Kanpur Gold Rate
24-carat gold (10 grams) – ₹142,630
22-carat gold (10 grams) – ₹130,750
18-carat gold (10 grams) – ₹106,860