Gold Rates Today Pauses 4-Days Crash; 24K, 22K, 18K Gold Prices At Tanishq, IBJA, Malabar, Joyalukkas

Gold rates in India finally halted their four consecutive days of crash on October 16, 2026, as the buying trend was seen in MCX gold and spot gold. However, markets are cautious over the upcoming US Federal Reserve's policy outcomes in the current month-end. Currently, at top jewellers, 1 gram of gold is above Rs 13,500 in 22-carat, above Rs 11,000 in 18-carat and near Rs 14,800 in 24-carat.

Market participants continue to evaluate the Federal Reserve's monetary policy outlook after stronger-than-expected US CPI inflation data that has heightened the possibility of a rate hike ahead. However, the market predicts that the probability is 72% that the Fed will keep rates unchanged in the upcoming policy this month, but the odds of a rate hike in December have reached 92%.

Gold Rates Today In India:

Prices are unchanged on October 16. 24-carat gold price stood at Rs 1,47,440 per 10 grams and at Rs 14,74,400 per 100 grams. While gold rate is at Rs 1,35,150 per 10 grams and at Rs 13,51,500 per 100 grams in 22-carat. Lastly, 18-carat gold prices are at Rs 1,10,580 per 1 gram and at Rs 11,05,800 per 100 grams.

For Indian investors, Vikram Subburaj, CEO, Giottus.com said, the key question is whether this rebound can hold once domestic trading begins. Currency movements will also influence local prices. A weaker rupee can cushion declines in international bullion, while a stronger rupee can limit domestic gains.

He added that the recovery is encouraging, but it is too early to call a trend reversal. Gold must sustain above Rs 1.48 lakh, while silver needs to hold above Rs 2.08 lakh and extend gains beyond Rs 2.11 lakh. Until then, volatility is likely to remain elevated.

Tanishq Gold Rates Today

On October 16th, gold prices across carats at Tanishq remained unchanged. The 22-carat gold price stood at Rs 13,555 per 1 gram, the 8 grams at Rs 108,440, the 10 grams at Rs 135,550 and the 100 grams gold price is at Rs 1,355,500.

Here, 18-carat gold rate stood at Rs 11,090 per 1 gram and at Rs 1,10,900 per 100 grams. Meanwhile, the 24-carat gold is priced at Rs 14,787 per 1 gram and at Rs 1,47,870 per 10 grams.

IBJA Gold Rates Today

999 Purity gold price at IBJA stood at Rs 14,594 per 1 gram and at Rs 1,45,940 per 10 grams.

995 Purity gold rate is at Rs 14,536 per 1 gram and at Rs 1,45,360 per 10 grams.

916 Purity gold rate is at Rs 13,368 per 1 gram and at Rs 1,33,680 per 10 grams.

750 Purity gold prices are at Rs 10,946 per 1 gram and at Rs 1,09,460 per 10 grams.

585 Purity gold price is at Rs 8,538 per 1 gram and at Rs 85,380 per 10 grams.

Malabar Gold Rates Today

At Indian stores of Malabar, 22-carat gold is available at Rs 13,515 per 1 gram and at Rs 1,35,150 per 10 grams. Here, the 24-carat gold price stood at Rs 14,744 per 1 gram and at Rs 1,47,440 per 10 grams.

Joyalukkas Gold Rates Today

At retail stores of Joyalukkas, 22-carat gold is available at Rs 13,515 per 1 gram and at Rs 1,35,150 per 10 grams. These rates are applicable in states like Andhra Pradesh, Delhi, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal.

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