Gold, Silver Prices Today, 19 October 2026: Check 22K, 24K Rates in Delhi, Mumbai, Kolkata Ahead of Diwali
Gold and silver prices edged higher in India’s retail market on Monday, 19 October, as buyers prepared for the festive shopping season. With Diwali approaching, people planning to purchase gold jewellery, coins or silver items may want to check the latest rates before visiting a jeweller.
According to the city-wise prices reported by Mint, 24-karat gold was priced at ₹1,48,120 per 10 grams in Delhi and ₹1,48,370 in Mumbai. In Kolkata, the reported rate was ₹1,48,180 per 10 grams. Silver of 999 purity was also trading above ₹2.12 lakh per kilogram in these cities.
Gold and silver prices can change during the trading day. Rates may also vary between jewellers, depending on local premiums, product design and other charges. Here is a city-wise breakdown of the reported prices for 19 October.
Gold and silver rates today, 19 October 2026
The following table lists the retail rates reported for major Indian cities.
| City | 24K gold (per 10g) | 22K gold (per 10g) | 999 silver (per kg) |
|---|---|---|---|
| Delhi | ₹1,48,120 | ₹1,35,777 | ₹2,12,240 |
| Mumbai | ₹1,48,370 | ₹1,36,006 | ₹2,12,610 |
| Bengaluru | ₹1,48,490 | ₹1,36,116 | ₹2,12,770 |
| Kolkata | ₹1,48,180 | ₹1,35,832 | ₹2,12,320 |
| Hyderabad | ₹1,48,610 | ₹1,36,226 | ₹2,12,940 |
| Chennai | ₹1,48,810 | ₹1,36,409 | ₹2,13,220 |
Source: City-wise retail rates reported by Mint for 19 October 2026. Prices are indicative and may differ from the final amount charged by individual jewellers.
Gold prices today: What buyers should know
Gold is commonly sold in different purities, particularly 24K and 22K. The difference matters when comparing prices or deciding what to buy.
24-karat gold: This is high-purity gold and is commonly used for investment products such as coins and bars. It is generally softer than lower-purity gold.
22-karat gold: This contains a higher proportion of gold than many other jewellery alloys and is widely used for traditional gold jewellery. Other metals are added to improve durability.
The quoted price per 10 grams provides a useful starting point, but the final cost of a piece of jewellery can be higher. Buyers should ask the jeweller for a clear breakdown of the gold value, making charges and applicable GST before paying.
Diwali gold shopping: What should buyers check?
Gold purchases are an important part of the festive season for many Indian households. Some families buy jewellery for personal use, while others choose coins or bars as gifts or as a way to hold gold.
With prices at elevated levels, checking the rate before visiting a shop can help buyers compare offers and understand the amount they will pay. However, a single day’s movement should not be treated as a guarantee of future prices.
Before buying gold this Diwali, consider these points:
- Check the day’s rate: Confirm the current rate with more than one jeweller in your city.
- Compare the final bill: Making charges and other costs can differ considerably between products and stores.
- Check purity and hallmarking: Look for the applicable BIS hallmark and HUID details on hallmarked gold jewellery.
- Understand the buyback policy: Ask how the jeweller calculates the value if you later exchange or sell the jewellery.
- Keep the invoice: Retain the bill with details of purity, weight, charges and taxes.
Buyers should also distinguish between jewellery purchased for personal use and gold bought as an investment. Jewellery has additional costs that may not be recovered when it is resold.
Silver prices today, 19 October 2026
Silver prices also edged higher in the domestic market on Monday. The reported 999-purity silver rate stood at ₹2,12,240 per kilogram in Delhi, ₹2,12,610 in Mumbai and ₹2,12,320 in Kolkata.
Silver is often purchased during the festive season in the form of coins, utensils, idols and gifts. As with gold, the quoted rate may not represent the final retail price. Buyers should check the item’s purity, weight, applicable taxes and any additional charges before completing a purchase.
What happened in the MCX gold and silver market?
According to Mint’s market update, MCX gold futures were trading around ₹1,48,580 per 10 grams, up 0.20%, at approximately 9:13 AM on 19 October. MCX silver futures were around ₹2,12,770 per kilogram, up about 0.44% at the same time.
The report linked the movement to heightened geopolitical tensions involving the United States and Iran, alongside concerns about possible renewed conflict in the region.
MCX futures prices are not the same as retail jewellery rates. Futures represent exchange-traded contracts, while retail prices can reflect local market conditions, dealer premiums and other factors. Both can fluctuate, so the figures above should be treated as time-specific market information rather than guaranteed prices throughout the day.
Will gold prices rise or fall before Diwali?
Gold and silver prices can respond to several factors, including international bullion prices, currency movements, interest-rate expectations, investor demand and geopolitical developments. Festive buying can also influence local demand, but it does not guarantee that prices will move in one direction.
People planning a purchase should avoid relying solely on predictions about whether prices will rise or fall. Comparing current rates, checking the final bill and choosing a purchase within their budget can be more useful than trying to time the market perfectly.
For investment purposes, gold and silver also carry price risk. Neither offers a guaranteed return, and short-term price movements can be unpredictable.
Bottom line
On 19 October 2026, the reported retail price of 24K gold ranged from ₹1,48,120 to ₹1,48,810 per 10 grams across Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai. Reported 22K gold prices ranged from ₹1,35,777 to ₹1,36,409 per 10 grams, while 999 silver was quoted above ₹2.12 lakh per kilogram in these cities.
For people planning Diwali purchases, these rates offer a reference point, not a guaranteed shop price. Confirm the latest local rate and check all charges before buying.
Disclaimer: Gold and silver prices fluctuate. The rates in this report are indicative figures published for 19 October 2026 and may change. This article is for informational purposes and should not be treated as investment advice.
The post Gold, Silver Prices Today, 19 October 2026: 22K, 24K Rates first appeared on informalnewz.
from informalnewz https://ift.tt/kZMbjeH
0 Comments