Steady retail demand returns as the festive season approaches, driven by international currency shifts.

Precious metal markets across India opened to steady activity today, October 3, 2026, as domestic bullion counters responded to minor shifts in international currency valuations and steady retail demand. 24-carat gold is trading at approximately ₹15,028 per gram, while 22-carat gold stands near ₹13,775 per gram. Local jewellers note that buyers are returning to showrooms in steady numbers as the festive season approaches. Meanwhile, silver markets have maintained stability, hovering around ₹2,35,000 per kilogram following minor adjustments earlier in the week.
Across metropolitan hubs like Mumbai, Kolkata, Bengaluru, and Hyderabad, 24-carat gold stood firmly at ₹1,49,240 per 10 grams, paired with 22-carat gold at ₹1,36,800, while silver held at ₹2,35,000 per kilogram. Meanwhile, Delhi recorded a minor premium with 24-carat gold at ₹1,49,390, and Chennai registered slightly higher regional rates with 24-carat gold at ₹1,49,240 and silver resting at ₹2,40,000 per kilogram. Thiruvananthapuram mirrored these southern trends closely. Industry experts remind shoppers that these baseline spot quotations exclude local making charges and the mandatory 3% Goods and Services Tax (GST).
Gold Rates (Per 10 Grams) - October 3, 2026
| City | October 3, 2026: 22-Carat Gold | October 3, 2026: 24-Carat Gold |
| Delhi | ₹1,36,950 | ₹1,49,390 |
| Mumbai | ₹1,36,800 | ₹1,49,240 |
| Chennai | ₹1,36,800 | ₹1,49,240 |
| Kolkata | ₹1,36,800 | ₹1,49,240 |
| Bengaluru | ₹1,36,800 | ₹1,49,240 |
| Hyderabad | ₹1,36,800 | ₹1,49,240 |
| Thiruvananthapuram | ₹1,36,800 | ₹1,49,240 |
Silver Rates (Per 1 Kilogram) - October 3, 2026
| City | October 3, 2026: Silver Rate |
| Delhi | ₹2,35,000 |
| Mumbai | ₹2,35,000 |
| Chennai | ₹2,40,000 |
| Kolkata | ₹2,35,000 |
| Bengaluru | ₹2,35,000 |
| Hyderabad | ₹2,35,000 |
| Thiruvananthapuram | ₹2,40,000 |
Note: Data compiled from third-party sources. Prices represent retail baseline spot averages and exclude local making charges and 3% GST.
Published: 03 Oct 2026, 07:56 am IST
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