Gold rate today: 24K, 22K prices dip marginally on October 15; check city-wise rates

New Delhi: Gold prices in India remained largely unchanged on Thursday, October 15, 2026, with a marginal decline across 24-carat, 22-carat and 18-carat gold compared with the previous day. The price of 24-carat gold stood at ₹14,825 per gram, while 22-carat gold was priced at ₹13,589 per gram and 18-carat gold at ₹11,118 per gram.

City-wise gold rate (1 gram)

City-wise silver rate

How do international trends influence gold rates in India?

India is one of the world's largest gold consumers and importers, making domestic prices sensitive to movements in international gold markets. Global gold prices, import duties, currency exchange rates and domestic demand all influence the price consumers pay in India.

When international gold prices rise, Indian importers may have to pay more to procure the precious metal. A weaker rupee against the US dollar can further increase import costs, potentially pushing domestic gold prices higher. These additional costs may eventually be passed on to consumers.

Global economic uncertainty, geopolitical tensions and disruptions to supply can also influence gold prices. Investors often turn to gold as a safe-haven asset during periods of market volatility, increasing demand and potentially driving prices upward. Conversely, easing uncertainty or a stronger US dollar can put downward pressure on international gold prices.

However, international price movements do not always translate directly into changes in Indian gold rates. Domestic demand, taxes, import costs and currency fluctuations also play a role in determining daily prices across the country.
Reasons to invest in silver in India
Silver is a popular choice in India for investment, jewellery and long-term savings. Buyers can invest in silver coins, bars or jewellery, depending on their needs. For investment purposes, coins and bars may be more practical than jewellery, as making charges paid on jewellery are generally not recovered when it is resold.

Silver is also valued for its chemical properties. Pure silver is relatively resistant to oxidation in air, although it can tarnish when exposed to sulphur-containing compounds. In silver alloys, other metals, such as copper, may react with the environment and affect the material's appearance.

Historically, silver was refined using a process known as cupellation, in which lead and other base metals were oxidised and separated from precious metals through heating and exposure to air.

Mexico is one of the world's leading silver-producing countries. Its Peñasquito mine, located in the state of Zacatecas, is a major mining operation known for its substantial silver reserves.