LIVE | Gold Price Today: MCX Gold Rises ₹1.49 Lakh, Silver Crashes ₹15,000 as Fed Rate Hike, Oil Surge & US-Israel-Iran War — Check Latest 24K, 22K, 18K Gold Rate in Delhi, Mumbai, Kerala & Chennai

Gold Rate Today, 1 October 2026: The gold price remains under the spotlight on 1 October 2026 as the Indian gold market sees itself entering the new month with prices still high but with a significant drop recorded during the month of September. 

The latest retail indicative data shows 24K gold priced at ₹14,957 per gram while 22K gold prices have been revised to ₹13,710 per gram and 18K gold has been priced at ₹11,218 per gram. This brings the cost of 10 grams of each gold price variant to ₹1,49,570 per gram for 24K gold, ₹1,37,100 for 22K gold and ₹1,12,180 per gram for 18K gold. This follows an eventful month of September where gold prices experienced huge volatility. 

For example in Delhi, 24K gold dropped from ₹15,708 per gram at the start of the month to ₹14,894 at the end of the month, representing a 5.18% drop in price. In 22K gold prices fell 4.69%. Internationally gold prices were also low due to US interest rates expectations. Spot gold price was $4,170.63 per ounce, US gold futures was $4,201.90 per ounce.

For Indian buyers, however, the headline price is only one part of the calculation. Currency movements, import costs, local premiums, taxes and jewellery-making charges can all influence the final amount paid at the counter.

LIVE Gold Price Today | International Gold Rates

International gold prices remained under pressure at the end of September.

Spot gold fell by 0.2% to $4,170.63 an ounce, but US gold futures were up 0.5% to $4,201.90. Gold prices had fallen by more than 6% in September as well, based on the information provided from the market. It is especially vulnerable to any expectations for changes in US monetary policy and high interest rates tend to make investments like gold less attractive.

For Indian consumers, international prices are important but do not translate one-for-one into domestic jewellery prices because the rupee-dollar exchange rate and local market costs also play a role.

LIVE Gold Price Today | Domestic Gold Prices (India) – 1 October 2026

• 24K gold: ₹14,957 per gram
• 22K gold: ₹13,710 per gram
• 18K gold: ₹11,218 per gram
• 24K gold, 10 grams: ₹1,49,570
• 22K gold, 10 grams: ₹1,37,100
• 18K gold, 10 grams: ₹1,12,180
• Silver: ₹240 per gram
• Silver: ₹2,40,000 per kilogram
• The quoted retail gold rates are indicative and exclude GST, TCS and other applicable levies.
• Jewellery buyers should also account for making charges and applicable taxes.

18k Gold Price Trend In Delhi Today

22k Gold Price Trend In Delhi Today

24k Gold Price Trend In Delhi Today

Gold (GCW00) Price Chart

Gold Price Today in Major Cities: 24K, 22K & 18K

Gold Price Today in Major States: 24K, 22K & 18K

Gold Price Today in Major Countries: 24K, 22K, 18K

Gold Rate in India for Last 10 Days (1 kg)

MCX Performance

• MCX gold was up by 0.64% at ₹1,49,810 per 10 grams as of September 30.
• MCX silver contracts were up by about 0.43% at ₹2,26,270 per kg as of 9:13 am.
• Hence, the outlook in the domestic futures market was stronger despite the downward pressure on international spot gold prices.
• The MCX gold price is affected by international gold prices as well as the rupee versus the US dollar.
• Traders are expected to continue tracking the US inflation numbers and the Fed’s cues in view of the fast-changing interest-rate sentiments for bullion.

Gold & Silver Prediction

Short-term price direction remains dependent on several moving parts rather than one single indicator.

• If the expectations regarding interest rates of the US continue to fluctuate, gold may become volatile.
• Higher value of the US dollar puts pressure on gold prices that are denominated in dollars.
• Weaker rupee increases the import cost of the metal in India, even when international prices remain stable.
• Silver prices are affected by both investments and industrial consumption; therefore, it has different behaviour than gold.
• Latest silver price in India is ₹2,40,000 per kg compared to ₹2,55,000 per kg at the beginning of September.
• Silver movement in September is therefore a drop of around 4%.
• All forecasts need to be considered as market scenarios only.

Key Considerations for Buyers

• Ensure purity before comparing prices. 24K, 22K and 18K gold cannot be compared.
• Compare the quoted gold price with the final price bill of jewellery and not only the quoted per gram price.
• Seek a detailed bill showing making charges, GST and other costs charged.
• Look into the hallmark and purity certificate before buying.
• Make a comparison of two to three jewellers in case of a substantial amount to be purchased.
• In case of investing purpose, separate the jewellery and those products which are specifically meant for investment purposes.
• Don’t forget that prices of bullion change daily depending upon the pricing policy of the jeweller.

Should You Buy Gold Today Or Hold Back in India?

There is no single answer that applies to every buyer because the purpose and time horizon of the purchase matter.

• The buyer of jewellery who needs it for a wedding or any other event will have a different objective from the short-term investor.
• The people purchasing jewellery in bulk can opt to buy on different days rather than depending on the price on one particular day.
• The September data proves the reason why trying to time the bottom is very challenging. The 24K gold in India traded between ₹15,458 and ₹14,957 per gram within the given ten days.
• The buyers who require the jewellery for immediate personal consumption must concentrate on purity, total cost and craftsmanship instead of trying to predict the short-term price fluctuations.
• The investors must think of their asset allocation, investment timeframe and risk tolerance when making a decision.

Silver Rates Today 1 October, 2026

• Silver: ₹240 per gram
• Silver: ₹2,400 per 10 grams
• Silver: ₹24,000 per 100 grams
• Silver: ₹2,40,000 per kilogram
• The daily movement is unchanged at the quoted national rate.
• In September, silver moved from ₹2,50,000 per kg on September 1 to ₹2,40,000 per kg on September 30.
• The September high was ₹2,55,000 per kg on September 10.
• The September low was ₹2,40,000 per kg on September 28.
• Silver had risen to ₹2,60,000 per kg at its August high, compared with ₹2,35,000 at the start of that month.

Frequently Asked Questions 

1. What is the gold rate today in India?
The supplied 1 October 2026 rate is ₹14,957 per gram for 24K gold, ₹13,710 for 22K gold and ₹11,218 for 18K gold.

2. What is the 24K gold price in Delhi today?
The supplied Delhi quotation is ₹14,894 per gram, or ₹1,48,940 for 10 grams.

3. What is the 22K gold price in Delhi today?
The Delhi 22K rate is ₹13,725 per gram and ₹1,37,250 for 10 grams.

4. What is the silver price in India today?
Silver is quoted at ₹240 per gram, equivalent to ₹2,40,000 per kilogram.

5. Do gold prices include GST and making charges?
No. The indicative rates supplied here do not include GST, making charges, TCS or other applicable levies. The final jewellery bill can therefore be higher than the quoted bullion rate.