Gold Silver Rate Today, October 22: Check the latest 24K, 22K and 18K gold prices and silver rates in Delhi, Mumbai, Chennai and other cities.
Gold and silver prices witnessed a decline on Thursday, October 22, as weak demand and selling pressure weighed on precious metals in domestic and international markets. Investors and buyers tracking the latest Gold Silver Rate Today will find that silver experienced a sharper percentage drop than gold during the trading session.
On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by ₹1,724, or 1.18%, to ₹1,44,355 per 10 grams. The decline was attributed to subdued spot demand, which put pressure on gold prices.
Silver futures also recorded significant losses. December delivery contracts on the MCX dropped by ₹5,521, or 2.64%, to ₹2,03,647 per kilogram. Market participants’ selling activity contributed to the decline in silver prices.
Gold Prices Fall in Domestic and International Markets
The Gold Silver Rate Today trend reflected weakness in both domestic and overseas futures markets. In New York, gold futures declined by 1.28% to $4,087.75 per ounce, indicating continued pressure on the yellow metal.
The fall in prices comes as demand remains subdued, affecting trading sentiment. Gold rates can fluctuate throughout the day depending on international market movements, currency exchange rates, import costs and local demand.
Despite the decline, gold continues to attract buyers looking to purchase jewellery and investors seeking to diversify their portfolios. Buyers should check the latest local rates before making a purchase, as final prices may vary between jewellers.
Silver Prices Witness a Sharper Decline
Silver recorded a steeper fall than gold during Thursday’s trading session. On the MCX, December silver futures declined by ₹5,521 to ₹2,03,647 per kilogram, registering a drop of 2.64%.
In the international market, silver prices fell by 3.01% to $56.22 per ounce in New York. The decline was largely linked to selling pressure in silver contracts.
The movement in silver prices is important for jewellery buyers, investors and industries that use the metal in manufacturing. Those planning purchases should compare prevailing market rates and applicable making charges before placing an order.
Gold Rate Today in Delhi
According to the reported city-wise prices for October 22, gold rates in Delhi vary according to purity.
– 24-karat gold: ₹14,453 per gram
– 22-karat gold: ₹13,250 per gram
– 18-karat gold: ₹10,844 per gram
Delhi’s gold prices are slightly higher than those reported in several other major cities. The final jewellery bill may also include making charges and applicable taxes.
Gold Rate Today in Mumbai, Chennai and Bengaluru
The reported gold prices in Mumbai, Chennai and Bengaluru are largely similar, although minor differences can occur depending on the city and jeweller.
In Mumbai, 24-karat gold is priced at ₹14,438 per gram, while 22-karat gold costs ₹13,235 per gram. The reported rate for 18-karat gold is ₹10,829 per gram.
In Chennai, 24-karat gold is available at ₹14,438 per gram, 22-karat gold at ₹13,235 per gram and 18-karat gold at ₹10,835 per gram.
Bengaluru has reported rates of ₹14,438 per gram for 24-karat gold, ₹13,235 per gram for 22-karat gold and ₹10,829 per gram for 18-karat gold.
Similar prices have been reported in Kolkata and Pune, with slight variations in certain purity categories.
Gold Prices in Other Major Indian Cities
The reported gold rates across other Indian cities on October 22 are as follows:
– Hyderabad: 24K at ₹14,438, 22K at ₹13,235 and 18K at ₹10,829 per gram.
– Ahmedabad: 24K at ₹14,443, 22K at ₹13,240 and 18K at ₹10,834 per gram.
– Indore: 24K at ₹14,443, 22K at ₹13,240 and 18K at ₹10,834 per gram.
– Lucknow: 24K at ₹14,453, 22K at ₹13,250 and 18K at ₹10,844 per gram.
– Coimbatore: 24K at ₹14,438, 22K at ₹13,235 and 18K at ₹10,835 per gram.
– Bhubaneswar: 24K at ₹14,438, 22K at ₹13,235 and 18K at ₹10,829 per gram.
– Mysuru: 24K at ₹14,438, 22K at ₹13,235 and 18K at ₹10,829 per gram.
– Kanpur: 24K at ₹14,453, 22K at ₹13,250 and 18K at ₹10,844 per gram.
– Salem: 24K at ₹14,438, 22K at ₹13,235 and 18K at ₹10,835 per gram.
– Visakhapatnam: 24K at ₹14,438, 22K at ₹13,235 and 18K at ₹10,829 per gram.
– Vijayawada: 24K at ₹14,438, 22K at ₹13,235 and 18K at ₹10,829 per gram.
– Patna: 24K at ₹14,443, 22K at ₹13,240 and 18K at ₹10,834 per gram.
These figures are indicative and may differ from the rates quoted by local jewellery shops.
Silver Rate Today in Delhi, Mumbai and Other Cities
The reported retail silver rate across several major Indian cities on October 22 stands at ₹225 per gram, equivalent to ₹2,25,000 per kilogram.
The same reported rate applies to Delhi, Mumbai, Chennai, Bengaluru, Pune and Kolkata. Hyderabad, Ahmedabad, Indore, Lucknow, Coimbatore, Bhubaneswar, Mysuru, Kanpur, Salem, Visakhapatnam, Vijayawada and Patna have also reported silver prices of ₹225 per gram.
However, these city-wise figures differ from the MCX December silver futures price of ₹2,03,647 per kilogram. Retail rates and futures prices represent different market quotations, so they should not be treated as directly interchangeable.
What Should Buyers Know Before Purchasing Gold and Silver?
The latest Gold Silver Rate Today figures indicate that both precious metals faced selling pressure, with silver registering the larger decline in percentage terms. However, a fall in futures prices does not necessarily mean every local jeweller will immediately reduce retail prices by the same amount.
Before purchasing gold or silver, consumers should check the latest local rate, verify the purity of the metal and ask for a detailed bill. Jewellery purchases may include making charges, wastage charges where applicable and taxes, which affect the final amount payable.
Market prices can change during the trading day. Buyers should therefore confirm the prevailing rate with a trusted jeweller before making a transaction.Today, October 22: Gold and Silver Prices Fall; Check Latest Rates in Delhi, Mumbai and Other Cities
Gold and silver prices witnessed a decline on Thursday, October 22, as weaker demand and selling pressure weighed on precious metals in domestic and international futures markets. Silver recorded a sharper percentage fall than gold during the trading session, reflecting increased pressure on silver contracts.
The decline has drawn attention from jewellery buyers, investors and people tracking daily bullion prices. If you are planning to purchase jewellery or monitor the precious metals market, here is a look at the latest Gold Silver Rate Today, October 22, including MCX futures prices and reported city-wise retail rates across India.
Gold Price Today: MCX Futures Fall
Gold futures for December delivery on the Multi Commodity Exchange (MCX) declined by ₹1,724, or 1.18%, to ₹1,44,355 per 10 grams on Thursday. The contracts recorded a business turnover of 1,474 lots.
Market analysts attributed the fall to weaker spot demand, which put pressure on gold during the session.
Gold also traded lower in the international market. In New York, gold futures fell 1.28% to $4,087.75 per ounce, according to the figures provided for the session.
The movement in domestic and international futures markets indicates a decline in gold prices during Thursday’s trade. However, futures prices and local jewellery rates may differ because of taxes, making charges, local demand and other market factors.
Silver Rate Today: Prices See a Steeper Decline
Silver futures experienced a larger fall than gold on October 22. December delivery silver contracts on the MCX dropped by ₹5,521, or 2.64%, to ₹2,03,647 per kilogram. The contracts recorded a business turnover of 2,591 lots.
Selling activity among market participants was cited as a key factor behind the decline.
In the international market, silver prices in New York fell 3.01% to $56.22 per ounce.
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The steeper fall in silver compared with gold highlights the different price movements in the two precious metals during the session. Investors should remember that daily price changes do not guarantee how either metal will perform in subsequent trading sessions.
Gold Silver Rate Today in Major Indian Cities
The following are the reported gold prices per gram across selected Indian cities on October 22. Rates can vary between jewellers and may change throughout the day.
City- 24K Gold (per gram)- 22K Gold (per gram) -18K Gold (per gram)
Delhi- ₹14,453- ₹13,250- ₹10,844
Chennai- ₹14,438- ₹13,235- ₹10,835
Bengaluru- ₹14,438- ₹13,235- ₹10,829
Mumbai- ₹14,438- ₹13,235- ₹10,829
Pune- ₹14,438- ₹13,235- ₹10,829
Kolkata- ₹14,438- ₹13,235- ₹10,829
Hyderabad- ₹14,438- ₹13,235- ₹10,829
Ahmedabad- ₹14,443- ₹13,240- ₹10,834
Indore- ₹14,443- ₹13,240- ₹10,834
Lucknow- ₹14,453- ₹13,250- ₹10,844
Coimbatore- ₹14,438- ₹13,235- ₹10,835
Bhubaneswar- ₹14,438- ₹13,235- ₹10,829
Mysore- ₹14,438- ₹13,235-₹10,829
Kanpur- ₹14,453- ₹13,250- ₹10,844
Salem- ₹14,438- ₹13,235- ₹10,835
Visakhapatnam- ₹14,438- ₹13,235- ₹10,829
Vijayawada- ₹14,438- ₹13,235- ₹10,829
Patna- ₹14,443- ₹13,240- ₹10,834
Why Did Gold and Silver Prices Fall?
The decline in precious metals on October 22 was linked to weaker spot demand for gold and selling pressure in silver futures. Both metals registered losses in international markets as well as in domestic futures trading.
Gold fell by 1.18% on the MCX, while silver declined by 2.64%. In New York, the reported losses were 1.28% for gold futures and 3.01% for silver.
Although these movements provide a snapshot of the market on Thursday, bullion prices can also be influenced by currency movements, global economic developments, investor demand and broader market sentiment.
What Should Buyers Know Before Purchasing Gold or Silver?
People planning to buy jewellery or bullion should compare prices from multiple local jewellers and confirm the rate applicable at the time of purchase. For gold, check the purity, hallmarking details and final bill, including taxes and making charges.
Silver buyers should similarly confirm the purity, weight and applicable charges. Futures market prices are not necessarily the same as retail prices paid by consumers.
The latest Gold Silver Rate Today, October 22, shows that both metals moved lower during the reported trading session, with silver recording a steeper decline. However, anyone considering an investment should assess their financial goals and risk tolerance rather than relying on a single day’s price movement.
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