Gold prices in India rose across all purity levels on October 27, while silver prices remained stable in the retail market. However, gold and silver futures on the Multi Commodity Exchange (MCX) traded lower.

Gold rates in India today

The price of 24-carat gold increased by ₹540 to ₹1,43,290 per 10 grams. Meanwhile, 22-carat gold rose by ₹500 to ₹1,31,350 per 10 grams.

The rate of 18-carat gold also climbed by ₹510, reaching ₹1,07,570 per 10 grams.

For 100 grams, 22-carat gold was priced at ₹13,13,500, following a rise of ₹5,000. The price of 24-carat gold stood at ₹14,32,900 per 100 grams, while 18-carat gold cost ₹10,75,700 per 100 grams.

Silver rates in India today

Silver prices remained unchanged on October 27. The white metal was priced at ₹2,20,000 per kilogram, while 100 grams cost ₹22,000.

Gold and Silver Rates Across Major Indian Cities

City

24K Gold (1g)

22K Gold (1g)

18K Gold (1g)

Silver (10g)

Chennai

₹14,329

₹13,135

₹10,750

₹2,200

Mumbai

₹14,329₹13,135

₹10,757

₹2,200

Delhi

₹14,344

₹13,150

₹10,762

₹2,200

Kolkata

₹14,329₹13,135

₹10,757

₹2,200

Bengaluru

₹14,329₹13,135₹10,757₹2,200

Hyderabad

₹14,329₹13,135₹10,757₹2,200

Kerala

₹14,329₹13,135₹10,757₹2,200

MCX gold and silver futures

Despite the rise in retail gold prices, gold futures on the MCX for December 5 delivery fell by 0.31%, or 438 points, to ₹1,42,635.

Silver futures for December 5 delivery also declined, dropping 1.28% to ₹1,93,287 per kilogram.