Gold & Silver Prices on October 11 2026 – Rates Across Delhi, Mumbai, Kolkata and More
- Nishadil
- October 12, 2026
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Today's bullion snapshot: What you need to know about gold and silver rates in India
A quick look at the benchmark gold and silver prices on Oct 11 2026, with city‑wise rates, MCX futures, GST impact and retail jewellery pricing.
If you’ve been watching the metal markets lately, you’ll notice that the numbers haven’t moved much today. On October 11, 2026, India’s gold and silver prices are still dancing to the tune of global spot bullion, the rupee‑dollar exchange and a modest build‑up in festival‑season demand.
At the benchmark level, 24‑carat gold is quoted at ₹1,51,710 per 10 gm, while 22‑carat sits a shade lower at ₹1,38,573 per 10 gm. Silver, on the other hand, is trading around ₹2,26,120 per kg. Those figures are the base bullion prices you’ll see on most price boards and online tickers.
For those who keep an eye on the futures market, the Multi Commodity Exchange (MCX) shows gold futures nudging up 1.27 % to ₹1,51,503 per 10 gm. Silver futures are hardly budging – a tiny 0.03 % rise puts them at roughly ₹2,25,820 per kg at the time of writing.
Why the relative calm? Higher global interest rates continue to act as a head‑wind for non‑yielding gold, while traders remain wary of lingering geopolitical risks, especially the tension simmering in the Middle East. Still, the looming Diwali rush keeps a quiet optimism in the air.
When you step into a jewellery store, the story gets a little more layered. Retail gold purchases attract a 3 % GST on the metal’s value, plus an extra 5 % GST on the making charges. Add in import duties, local transport fees and a dash of state‑level logistics, and you’ll see why prices can vary a touch from one city to another.
Here’s a handy city‑wise breakdown of the current rates (all figures in Indian rupees):
Gold – 24 K
- Delhi: ₹1,51,170 per 10 gm
- Mumbai: ₹1,51,430 per 10 gm
- Bengaluru: ₹1,51,550 per 10 gm
- Kolkata: ₹1,51,230 per 10 gm
- Hyderabad: ₹1,51,670 per 10 gm
- Chennai: ₹1,51,870 per 10 gm
Gold – 22 K
- Delhi: ₹1,38,573 per 10 gm
- Mumbai: ₹1,38,811 per 10 gm
- Bengaluru: ₹1,38,921 per 10 gm
- Kolkata: ₹1,38,628 per 10 gm
- Hyderabad: ₹1,39,031 per 10 gm
- Chennai: ₹1,39,214 per 10 gm
Silver
- All major metros (Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai) – ₹22,612 per 100 gm, which works out to roughly ₹2,26,120 per kg.
Retail chains such as Joyalukkas, Malabar Gold & Diamonds and Tanishq have largely kept their quoted prices steady today. For instance, Joyalukkas and Malabar list 22‑K gold at ₹13,880 per gram across most states, while Tanishq’s rate is a shade higher at ₹13,925 per gram. On the 24‑K front, Malabar asks about ₹15,142 per gram and Tanishq around ₹15,191.
These small variations between brands usually come down to inventory costs, regional logistics and the way each retailer builds its own margin – not to mention the overarching influence of global bullion trends.
So whether you’re a first‑time buyer eyeing a festive bangles set, an investor tracking MCX contracts, or simply curious about how GST and import duties shape the final price you pay, the numbers above give you a clear snapshot of where the Indian market stands on this fine October morning.
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