Gold Rates In India Today (13-10-2026): 2nd Consecutive Fall In 24k,22k,18k Gold Prices; Silver Drops Too

India is celebrating Navratri, with many major festivals still to come and the festive demand for gold is rising. However the current decline in gold rates in India could offer some relief to buyers.

Gold prices have fallen for the second time this week, with the 24-carat gold price declining by Rs. 2,130 per 10 grams over the past two days. However, in the international market, gold was hovering near $4,200 per ounce as a stronger US dollar is putting pressure on the yellow metal.

As per data from Trading Economics, "Gold remained under pressure as the US dollar climbed to an 18-month high ahead of key inflation reports that could shape the Federal Reserve's next interest rate decision. The US consumer price index is due on Wednesday, followed by producer inflation data on Thursday. Markets are pricing in roughly an 80% probability that the Fed will leave interest rates unchanged this month, while assigning nearly an 88% chance of a rate hike in December.'

Gold Rate in India Today

On Tuesday 13th October, 24-carat gold rates in India slipped by Rs. 390 per 10 grams to cost Rs. 1,49,290. While the 22-carat gold price today stands at Rs. 1,36,850 per 10 grams after a decline of Rs.350. Meanwhile, the 18-carat gold decreased by Rs. 290 to retail at Rs. 1,11,970 per 10 grams.

The bulkier quantities also experienced a decline; 100 grams of 24-carat gold rates now retail at Rs. 14,92,900 after slipping Rs. 3,900, and the 22-carat gold rates per 100 grams now cost Rs. 13,68,500 after slipping Rs.3500.

Silver prices in India Today

The silver rates in India today fell by Rs. 5000 per kg and currently cost Rs. 2,35,000 and 100 grams of silver cost Rs. 23,500.

MCX Gold and Silver Futures Prices Today

Currently, gold futures prices due to mature on December 5th are trading at Rs. 1,49,861 per 10 grams, down by 0.11%. Silver futures, with an expiration date of December 4th, also dropped slightly by 0.18% and are now trading at Rs. 2,23,270 per kg.

Gold Price Analysis By Expert

"Gold and silver prices had a week of two halves. Hawkish Fed minutes and speeches, a firm dollar and US Treasury yields at two-decade highs weighed heavily on both metals midweek. Sentiment turned after President Trump spoke of "productive discussions" with Iran, which cooled oil prices and eased inflation fears." said Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd., President of IBJA and Chairman at Jain International Trade Organisation.

"The RBI's first rate hike since 2023 failed to lift the rupee, and the weak rupee cushioned domestic prices. Support stayed firm: China extended its gold buying to a 23rd month, and global ETF holdings hit a record. Indian buyers remain price-sensitive ahead of the festive season, while US CPI data will set the next direction." he added.