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Gold Rate Today, October 22: In Mumbai, the price of 24-carat gold stands at Rs 1,27,200 per 10 grams, while 22k gold is available at Rs 1,16,600 per 10 grams.
Gold Rate Today, October 22.
Gold Rate Today, October 22: Gold and silver on Wednesday fell, amid signs of easing US-China trade tensions and as investors took advantage of bullion’s recent record rally to take profits while awaiting US inflation data due later this week. In Mumbai, the price of 24-carat gold stood at Rs 1,27,200 per 10 grams, while 22k gold was available at Rs 1,16,600 per 10 grams. These rates do not include GST and making charges.
Silver was available at Rs 1,63,900 per kg.
In the international market, spot gold was down 0.4% at $4,109.19 per ounce, as of 0236 GMT. Bullion fell more than 5% on Tuesday in its steepest fall since August 2020. US gold futures for December delivery climbed 0.4% to $4,124.10 per ounce.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 22?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,16,750 | Rs 1,27,350 |
| Jaipur | Rs 1,16,750 | Rs 1,27,350 |
| Ahmedabad | Rs 1,16,650 | Rs 1,27,250 |
| Pune | Rs 1,16,600 | Rs 1,27,200 |
| Mumbai | Rs 1,16,600 | Rs 1,27,200 |
| Hyderabad | Rs 1,16,600 | Rs 1,27,200 |
| Chennai | Rs 1,16,600 | Rs 1,27,200 |
| Bengaluru | Rs 1,16,600 | Rs 1,27,200 |
| Kolkata | Rs 1,16,600 | Rs 1,27,200 |
Silver Market Faces Shortage
India’s unprecedented silver buying spree in the ongoing festival season has sent ripple effects worldwide, with London grappling with severe shortages, according to a report of Bloomberg News. This festival season Indian investors are rushing to buy silver-based jewelleries, leading to a crunch of physical silver.
The Bloomberg report added that in the long-term perspective, silver demand is outstripping supply by 678 million ounces due to solar industry.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
October 22, 2025, 09:41 IST
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