Gold Rates Today (12 Oct 2026) On Navratri Day 2: 24K, 22K, 18K Prices Fall in Mumbai, Delhi, Chennai, Cities

Gold rates in the majority of cities of India declined sharply on the second day of Navratri on Monday, October 12, 2026. The 24-carat gold price dropped by at least Rs 4,400, while the 22-carat and 18-carat gold rates plunged by almost Rs 4,000 and Rs 3,300. The trend followed a drop in the MCX gold price, which erased its Rs 1.51 lakh mark, while spot gold traded cautiously near $4,200 per ounce. Investors will await major inflation data scheduled this week for further clarity on rate hikes from the US Federal Reserve and RBI ahead.

24K Gold Prices Today

100 grams gold price plunged by Rs 4,400, 10 grams dropped Rs 440 and 8 grams gold in 24-carat is down by Rs 44. Further, 1 gram gold price slipped Rs 44.

In cities like Chennai, Mumbai, Pune, Kerala, Hyderabad, Bangalore and Kolkata, 24-carat gold prices stood at Rs 15,09,800 per 100 grams, at Rs 1,50,980 per 10 gram and at Rs 15,098 per 1 gram.

In Delhi, 24-carat gold prices were expensive and above Rs 1.51 lakh mark. 100 grams gold price stood at Rs 15,11,300 per 100 grams, at Rs 1,51,130 per 10 grams and at Rs 15,113 per 1 gram. Similarly, 24-carat gold prices in cities like Ahmedabad and Vadodara stood at Rs 15,103 per 1 gram, at Rs 1,51,030 per 10 grams and at Rs 15,10,300 per 100 grams.

22-Carat Gold Prices Today

In cities like Chennai, Mumbai, Kolkata, Kerala, Hyderabad, Pune and Bangalore, 22-carat gold prices were at Rs 13,840 per 1 gram, at Rs 1,38,400 per 10 grams and at Rs 13,84,000 per 100 grams.

In Delhi, gold is priced at Rs 13,855 per 1 gram, at Rs 1,38,550 per 10 grams and at Rs 13,85,500 per 100 grams. Also, in Ahmedabad and Vadodara, 10 grams gold is available at Rs 1,38,450, 1 gram at Rs 13,845 and 100 grams gold at Rs 13,84,500.

18 Carat Gold Prices Today

The 750 purity gold is available at Rs 11,324 per 1 gram, at Rs 1,13,240 per 10 grams and at Rs 11,32,400 per 100 grams in cities like Mumbai, Bangalore, Kolkata, Delhi, Kerala, Pune and Hyderabad.

But in Ahmedabad and Vadodara, 100 grams gold price of 18-carat is at Rs 11,32,900, at Rs 1,13,290 in 10 grams and at Rs 11,329 in 1 gram.

In Chennai, 18-carat is most expensive at Rs 11,370 per 1 gram, at Rs 1,13,700 per 10 grams and at Rs 11,37,000 per 100 grams.

City	24K Gold	22K Gold	18K Gold
Chennai	₹15,098	₹13,840	₹11,370
Mumbai	₹15,098	₹13,840	₹11,324
Delhi	₹15,113	₹13,855	₹11,339
Kolkata	₹15,098	₹13,840	₹11,324
Bangalore	₹15,098	₹13,840	₹11,324
Hyderabad	₹15,098	₹13,840	₹11,324
Kerala	₹15,098	₹13,840	₹11,324
Pune	₹15,098	₹13,840	₹11,324
Vadodara	₹15,103	₹13,845	₹11,329
Ahmedabad	₹15,103	₹13,845	₹11,329

What Is Impacting Gold Prices?

As per Vikram Subburaj, CEO, Giottus.com, international prices have provided some support. Spot gold was quoted at around $4,200.23 an ounce in early Asian trade, while US December gold futures gained 0.2% to $4,225.50. Spot silver rose 0.5% to $61.08 an ounce. A softer US dollar and lower Treasury yields helped bullion. However, upcoming US inflation data could shift expectations for the Federal Reserve's interest-rate path and trigger fresh volatility.

For Indian investors, he said, the rupee is another important variable. Currency weakness can cushion domestic prices when global bullion is under pressure. It can also magnify gains when international prices rise.

Going ahead, the expert added, gold currently has the stronger near-term setup. Silver's muted advance calls for greater caution. Investors should watch the dollar, US yields, the rupee and upcoming inflation data before treating the latest move as a sustained uptrend. These are early-session quotes for the December 2026 MCX contracts, not closing prices.

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