Gold & Silver Rates Today (1/10/2026) LIVE: Physical Gold Falls Rs 3,300 Despite MCX Gold Above Rs 1.50 Lakh

Gold rates and silver rates in India rallied sharply on Thursday, October 1, 2026, as crude oil prices fell sharply as crude shipments reached pre-Covid levels. In the early hours, MCX gold reclaimed Rs 1.50 lakh mark before pulling back slightly but trading on a positive note. Meanwhile, MCX silver reclaimed Rs 2.26 lakh and traded higher by 1%. This followed the strong buying trend in spot gold which gained by 1% to trade above $4,175 per ounce. Also, spot silver outperformed by 1.20% to trade around $61 per ounce.

On the other hand, both US WTI crude and Brent crude oil futures dropped by 1% to 1.5% to trade below $90 per barrel and $96 per barrel. As per the Trading Economics report, crude shipments from the region were nearing pre-war levels after Saudi Arabia restored half the capacity of its East-West pipeline, while flows through the Strait of Hormuz climbed to 13.2 million barrels per day. However, markets remain cautious about the durability of the recovery without a lasting agreement to end the Iran war, with both Tehran and Washington claiming full control over the strategic waterway.

Apart from this, there has been a sharp decline in the market's prediction of rate hikes. The probability has now fallen to 38% in the October policy from earlier 51% and 70% odds. The latest US PCE price index rose 0.3% in August below street estimates of 0.4%, while core PCE increased 0.2% also below the estimate of 0.3%. The headline PCE inflation came in at 3.4% from below market estimates of 3.7%, calming investors' concern of rate hikes.

In India, the gold demand will be stirred due to upcoming festivals like Navratri. Also, RBI's October policy outcomes will impact precious metals.

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Oct 01, 2026, 3:39 pm IST

Live Gold Rates Today: Gold Prices At Tanishq, IBJA, Malabar, Kalyan, Joyalukkas

Brand/Source	Purity	1 Gram	10 Grams	Other Rates
Tanishq	22K	₹13,725	₹1,37,250	8g: ₹1,09,800; 100g: ₹13,72,500
Tanishq	24K	₹14,973	₹1,49,730	—
Tanishq	18K	₹11,230	₹1,12,300	—
IBJA	999	₹14,869	—	—
IBJA	995	₹14,809	—	—
IBJA	916	₹13,620	—	—
IBJA	750	₹11,152	—	—
IBJA	585	₹8,698	—	—
Malabar Gold	22K	₹13,680	₹1,36,800	—
Malabar Gold	24K	₹14,924	₹1,49,240	—
Kalyan Jewellers	22K	₹14,240	₹1,42,400	—
Joyalukkas	22K	₹13,680	₹1,36,800	—

Gold rates today witnessed a significant drop due to rising dollar and treasury yields on Thursday. Also, the investors' fear of a rate hike from the upcoming monetary policy of the RBI next week has added to the woes. Notably, gold is also entering the festive season, and the outlook is firm across 24-carat, 22-carat, and 18-carat. Check 24K, 22K, 18K Gold Prices At Tanishq, IBJA, Joyalukkas, Malabar, Kalyan.

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Oct 01, 2026, 2:59 pm IST

Live Gold Rates Today: Spot Gold Prediction

Gold at $4223 is a metal that has lost its rate-cut premium, not its structural bid. Central banks bought a record 288.9 tons in the second quarter, ETFs took nearly $2 billion in the first week of September and the year-end target of $4900 is still on cards. Structural support continues with prospects of a renewed dollar debasement trade and Central Bank demand for Gold. Growth in Gold ETF and counterweight of physical demand has kept gold still 8% higher year on year despite 26% drawdown from its January record. The question is whether the $4150 low holds through today’s (30th Sep) PCE and Friday's payrolls. If so, the reflexive bounce base is formed if not then $4000 is the next stop. First a break below $4144 exposes $4108. The bullish case requires holding $4184, $4217 and $4254. Once done, the rally could sail past $4500. Gold is trading as a rates instrument right now, and rates are trading as an oil instrument. Reopening the strait could see gold rallying. Any escalation, and gold could break $4100: NS Ramaswamy, Head of Commodity, Ventura.

Oct 01, 2026, 2:58 pm IST

Live Gold Rates Today: Chennai Gold Rates

10 grams gold price stood at Rs 1,49,240 in 24-carat, at Rs 1,36,800 in 22-carat and at Rs 1,12,400 in 18-carat. Gold in 18-carat is expensive in Chennai compared to gold in other cities.

Oct 01, 2026, 2:58 pm IST

Live Gold Prices Today: Gold Rates In Delhi, Ahmedabad

Delhi Gold price here stood at Rs 1,49,390 in 24-carat, at Rs 1,36,950 in 22-carat and at Rs 1,12,080 in 18-carat in 10 grams. In Ahmedabad, 10 grams gold price stood at Rs 1,49,290 in 24-carat, at Rs 1,36,850 in 22-carat and at Rs 1,19,800 in 18-carat.

Oct 01, 2026, 2:58 pm IST

Live Gold Rates Today: Gold Rates In Bangalore Vs Mumbai Vs Hyderabad

Here, gold prices are same. The price of 10 grams of gold stood at Rs 1,49,240 in 24-carat, at Rs 1,36,800 in 22-carat and at Rs 1,19,300 in 18-carat.

Oct 01, 2026, 2:58 pm IST

Live Gold Rates Today: Gold Rates In Majority Cities

City	24K	22K	18K
Chennai	₹14,924	₹13,680	₹11,240
Mumbai	₹14,924	₹13,680	₹11,193
Delhi	₹14,939	₹13,695	₹11,208
Kolkata	₹14,924	₹13,680	₹11,193
Bangalore	₹14,924	₹13,680	₹11,193
Hyderabad	₹14,924	₹13,680	₹11,193
Kerala	₹14,924	₹13,680	₹11,193
Pune	₹14,924	₹13,680	₹11,193
Vadodara	₹14,929	₹13,685	₹11,198
Ahmedabad	₹14,929	₹13,685	₹11,198
Jaipur	₹14,939	₹13,695	₹11,208
Lucknow	₹14,939	₹13,695	₹11,208
Coimbatore	₹14,924	₹13,680	₹11,240
Madurai	₹14,924	₹13,680	₹11,240
Vijayawada	₹14,924	₹13,680	₹11,193
Patna	₹14,929	₹13,685	₹11,198
Nagpur	₹14,924	₹13,680	₹11,193
Chandigarh	₹14,939	₹13,695	₹11,208
Surat	₹14,929	₹13,685	₹11,198
Bhubaneswar	₹14,924	₹13,680	₹11,193

In majority of the cities, gold prices are at Rs 14,924 per gram for 24 carat gold (99.9% purity), Rs 13,680 per gram for 22 carat gold (91.6% purity), and Rs 11,193 per gram for 18 carat gold.

Oct 01, 2026, 2:58 pm IST

Live Gold Rates Today: 24K, 22K, 18K Gold Prices In India

Gram	24K Gold	22K Gold	18K Gold
1	₹14,924 (-33)	₹13,680 (-30)	₹11,193 (-25)
8	₹1,19,392 (-264)	₹1,09,440 (-240)	₹89,544 (-200)
10	₹1,49,240 (-330)	₹1,36,800 (-300)	₹1,11,930 (-250)
100	₹14,92,400 (-3,300)	₹13,68,000 (-3,000)	₹11,19,300 (-2,500)

24-carat gold price in India crashed by Rs 3,300 to Rs 14,92,400 per 100 grams and dropped by Rs 330 in 10 grams to Rs 1,49,240. Meanwhile, 22-carat gold price declined by Rs 3,000 to Rs 13,68,000 per 100 grams and dipped by Rs 300 to Rs 1,36,800 per 10 grams. Also, 18-carat gold rates slipped by Rs 2,500 to Rs 11,19,300 and are down by Rs 250 to Rs 1,11,930 per 10 grams.

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Oct 01, 2026, 12:35 pm IST

Live Gold Silver Rates Today: MCX Gold Reclaims Rs 1.50 Lakh, Silver Jumps Rs 2,100

MCX gold price reclaimed Rs 1.50 lakh mark and traded on this level, with over Rs 1314 or 0.9% upside at the time of writing. Meanwhile, MCX silver also traded positive at Rs 2,25,813 per 1Kg, rising by Rs 2,107 or 0.94%.

Oct 01, 2026, 11:38 am IST

Live Silver Rates Today: Spot Silver Jumps 2%

Spot silver rallied nearly 2% to trade above $61.3 per ounce. As per Trading Economics, spot silver surged after hitting its lowest levels in nearly two months as elevated oil prices and Treasury yields outweighed support from softer-than-expected US inflation data.

Oct 01, 2026, 11:38 am IST

Live Gold Rates Today: Spot Gold Races For $4,200

Spot gold price gained by 1% to trade above $4,190 per ounce, coming closer to $4,200 mark. As per Trading Economics data, the US PCE price index rose 0.3% in August, below the 0.4% forecast, while core PCE increased 0.2%, also falling short of expectations for a 0.3% gain. On an annual basis, headline PCE inflation came in at 3.4%, below the expected 3.7%. Markets now see roughly a 38% chance of a Federal Reserve rate hike in October, down from 51% before the PCE release. Meanwhile, oil prices remain elevated as the US and Iran make little progress in negotiations despite signs of recovering Middle East flows. Treasury yields also climbed to multi-decade highs amid concerns over persistent energy-driven inflation, which could prompt tighter monetary policy.

Oct 01, 2026, 10:08 am IST

Live Oil Prices Today: Why Crude Oil Prices Are Falling?

Crude oil prices fell on MCX and expected to trade in a bearish bias as Middle Eastern exports bounced back toward pre-war levels, supported by Saudi Arabia restoring its East-West pipeline and Strait of Hormuz flows rising to 13.2 million bpd. Despite relief over avoiding direct U.S.-Iran military escalation, markets remain cautious without a lasting peace agreement and expect volatility until U.S. elections. Meanwhile, Tehran received a U.S. proposal on reopening the strait, and OPEC+ is expected to maintain November output quotas: Pinky Yadav, Commodity Fundamental Analyst at Choice Broking.

Oct 01, 2026, 10:08 am IST

Live Gold Rates Today: What Is Impacting Bullion Prices?

Bullion prices fell on MCX as rising oil prices, surging Treasury yields, and a 14-week high Dollar Index offset support from softer-than-expected US inflation data. While lower inflation reduced bets on an October Fed rate hike and briefly lifted gold, the rally faded. Investors now await September’s US nonfarm payrolls report, while monitoring geopolitical developments after Iran received a US response regarding a Gulf ceasefire proposal adds uncertainty: Pinky Yadav, Commodity Fundamental Analyst at Choice Broking.

Oct 01, 2026, 9:58 am IST

Live Gold Silver Rates Today: Commodities Trade On Mixed Note

Commodities market traded on a mixed note on October 1, 2026. MCX silver gained 1%, emerging as top gainer. While MCX gold surged nearly 0.6%. Crude oil futures became the top loser with 2% decline followed by natural gas that tumbled over 1%.

Oct 01, 2026, 9:58 am IST

Live Silver Rates Today: MCX Silver Climbed Rs 2,200

MCX silver price outperformed gold to trade higher by Rs 2,155 or 1% to Rs 2,25,861 per 1Kg, which is after hitting an intraday high of Rs 2,26,537 per 1 Kg.

Oct 01, 2026, 9:58 am IST

Live Gold Rates Today: MCX Gold Jumps Nearly Rs 1,000

MCX gold price jumped nearly Rs 1,000 and crossed Rs 1.50 lakh mark in the opening bell before pulling back mildly. Gold is trading positive and near its intraday high to Rs 1,49,900 per 10 grams.