Gold Rates In India Today, October 22, 2026, Crashes Wild Up To Rs 17,000: 24K, 22K, 18K Gold Prices In Cities

Gold rates in India crashed sharply on Thursday, October 22, 2026, due to weakness in the global bullion market as the crude oil price skyrocketed to reach near $111 per barrel, keeping both energy crises and inflationary pressures heightened. Spot gold is below $4,100, and MCX gold is barely able to hold the Rs 1.44 lakh mark. Meanwhile, the 24-carat gold price plunged at least Rs 17,000, the 22-carat dropped as steeply as Rs 15,500, and the 18-carat gold price declined to 12,700. Physical gold rates are near their lowest level in October and near the 2-month low. If this trend continues, gold demand could rise in the Diwali festival; however, for buyers who bought gold during peak levels, the loss is heavy for now.

Gold Rates In India Today:

24-carat gold price plunged by Rs 17,000 in 100 grams and declined by Rs 1,700 in 10 grams. Further, 22-carat gold rate crashed by Rs 15,500 in 100 grams and down Rs 1,550 in 10 grams. In case of 18-carat, gold price dropped by Rs 12,700 in 100 grams and tumbled Rs 1,270 in 10 grams.

The 999 purity gold is priced at Rs 1,44,380 in 10 grams, while the 916 purity and 750 purity gold prices stood at Rs 1,32,350 and Rs 1,08,290. Gold is now at its lowest level in October and near two-month low. The last time gold stood around Rs 1,44,000 mark and Rs 1,32,000 was in August.

Gram	24K Gold Price	22K Gold Price	18K Gold Price
1 gram	₹14,438 (-₹170)	₹13,235 (-₹155)	₹10,829 (-₹127)
8 grams	₹1,15,504 (-₹1,360)	₹1,05,880 (-₹1,240)	₹86,632 (-₹1,016)
10 grams	₹1,44,380 (-₹1,700)	₹1,32,350 (-₹1,550)	₹1,08,290 (-₹1,270)
100 grams	₹14,43,800 (-₹17,000)	₹13,23,500 (-₹15,500)	₹10,82,900 (-₹12,700)

"Gold and silver futures are facing renewed pressure as investors reassess the US interest-rate outlook ahead of the Federal Reserve's October 27-28 meeting. Gold has weakened in international markets, while silver has seen a sharper decline in domestic trading. The near-term direction will depend on US inflation signals, Treasury yields and the dollar," said Vikram Subburaj, CEO, Giottus.com.

24 Carat Gold Prices Today

In the majority of cities like Mumbai, Chennai, Hyderabad, Kolkata, Bangalore, and Kerala, 24-carat gold prices are at Rs 14,438 per 1 gram, at Rs 1,44,380 per 10 grams and at Rs 1,444,380 per 100 grams. In Delhi, 24-carat is priced at Rs 14,453 per 1 gram, at Rs 1,44,530 per 10 grams and at Rs 14,45,300 per 100 grams. In Ahmedabad and Vadodara, the same carat is available at Rs 14,443 per 1 gram, at Rs 1,44,430 per 10 grams and at Rs 14,44,300 per 100 grams.

22 Carat Gold Prices Today

22-carat gold is cheaper in cities like Chennai, Hyderabad, Kerala, Bangalore, Mumbai, Kolkata and Pune to Rs 13,235 per 1 gram, at Rs 1,32,350 per 10 grams and at Rs 13,23,500 per 100 grams. Meanwhile, 22-carat gold in Delhi is priced at Rs 13,250 per 1 gram, at Rs 1,32,500 per 10 grams and at Rs 13,25,000 per 100 grams. In Ahmedabad and Vadodara, gold price is at Rs 13,240 per 1 gram, at Rs 1,32,400 per 10 grams and at Rs 13,24,000 per 100 grams.

18 Carat Gold Prices Today

In Chennai, 18-carat gold is most expensive at Rs 10,835 per 1 gram, at Rs 1,08,350 per 10 grams and at Rs 10,83,500 per 100 grams. In Delhi, this carat is available at Rs 10,844 per 1 gram, at Rs 1,08,440 per 10 grams and at Rs 10,84,400 per 100 grams. In Ahmedabad and Vadodara, 18-carat is sold at Rs 10,834 per 1 gram, at Rs 1,08,340 per 10 grams and at Rs 10,83,400 per 100 grams.

Among other cities like Mumbai, Kolkata, Bangalore, Kerala, Hyderabad and Pune, 18-carat gold is priced at Rs 10,829 per 1 gram, at Rs 1,08,290 per 10 grams and at Rs 10,82,900 per 100 grams.

Gold Rates In India Performance In Past 10 Days:

Gold has crashed more than risen. Yesterday, gold prices were unchanged but had nosedived by Rs 19,600 in 100 grams and Rs 1,960 in 10 grams of 24-carat on October 20th. The only time, gold gained was on October 19 and October 17. In the past 10 grams, gold has fallen 5 times.

Date	24K Gold Price	22K Gold Price
Oct 22, 2026	₹14,438 (-170)	₹13,235 (-155)
Oct 21, 2026	₹14,608 (0)	₹13,390 (0)
Oct 20, 2026	₹14,608 (-196)	₹13,390 (-180)
Oct 19, 2026	₹14,804 (+38)	₹13,570 (+35)
Oct 18, 2026	₹14,766 (0)	₹13,535 (0)
Oct 17, 2026	₹14,766 (+22)	₹13,535 (+20)
Oct 16, 2026	₹14,744 (0)	₹13,515 (0)
Oct 15, 2026	₹14,744 (-82)	₹13,515 (-75)
Oct 14, 2026	₹14,826 (-103)	₹13,590 (-95)
Oct 13, 2026	₹14,929 (-39)	₹13,685 (-35)

MCX Gold Price + MCX Silver Price

MCX gold and silver price crash intensifies on October 20th. MCX gold futures for December 2026 expiry, plummeted by Rs 1,830 or 1.3% to struggle around Rs 1,44,249 per 10 gram, which is close to its intraday low of Rs 1,44,196.

Meanwhile, MCX silver futures for December 2026 expiry nosedived by Rs 5,618 or 2.7% to trade around Rs 2,03,550 per 1Kg, which is near its intraday low of Rs 2,03,520 per 1Kg.

"On the MCX, December gold futures were last reported at Rs 1,46,041 per 10 grams on October 21, down 0.33% from the previous close of Rs 1,46,519. The contract traded between Rs 1,45,525 and Rs 1,46,532. December silver futures were quoted at Rs 2,09,184 per kg, down 1.09% from the previous close of ₹2,11,485. Its reported range was Rs 2,08,525 to Rs 2,10,879. These are previous-session reference figures, not confirmed opening prices for October 22," said Subburaj.

Spot Gold Price + Spot Silver Price

Spot gold has erased its pivotal $4,100 per ounce and is currently trading around $4,092 per ounce down by 1.2%. Meanwhile, spot silver dropped by a steep 2.7% to trade below $56.4 per ounce.

In the expert's opinion, investors are also watching upcoming US inflation data for clues on the Federal Reserve's policy path.

The US Federal Reserve is widely expected to keep interest rates unchanged next week, after Chair Kevin Warsh's remarks last Friday did little to alter expectations for a pause. However, markets continued to anticipate a potential Fed rate hike in December amid persistent energy-driven inflation. The European Central Bank and the Bank of Japan are also expected to maintain their current interest rates next week, as per Trading Economics.

What Should Indian Investors Do In Gold?

For Indian investors, Subburaj said that the gold's immediate support lies near Rs 1,45,500 per 10 grams. A sustained move above Rs 1,46,500 could indicate stabilisation. Silver needs to defend the Rs 2,08,500 zone, while a recovery above Rs 2,10,900 would ease near-term pressure.

The current weakness does not automatically signal a prolonged downtrend. He added, investors should avoid chasing intraday moves, use measured position sizes and wait for fresh MCX prices and clearer global cues before making directional bets.

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