Gold Rate Today, 16 October 2026: State-Wise Prices

Gold Rate Today, 16 October 2026: State-Wise Prices

New Delhi, October 16, 2026: Gold prices remained in focus across India on Friday as jewellery buyers and investors monitored the latest market rates during the festive season. People planning to purchase gold are comparing 22-carat and 24-carat prices before visiting jewellery stores. According to published city-wise figures for October 16, 2026, 24-carat gold in Delhi was priced at ₹1,47,590 per 10 grams, while 22-carat gold stood at ₹1,35,300 per 10 grams. Rates reported in Mumbai, Kolkata and other cities differed slightly.

Gold Price Today in India

Published market listings show that gold prices can vary by city and source. Delhi was listed at ₹1,47,590 per 10 grams for 24-carat gold and ₹1,35,300 for 22-carat gold. A separate city-wise listing quoted Mumbai and Kolkata at ₹1,47,440 for 24-carat gold and ₹1,35,150 for 22-carat gold per 10 grams.

State-Wise Gold Rates Across Major Indian Cities

The following prices are based on published city-wise data for October 16, 2026. All figures are in Indian rupees per 10 grams.

Important: This is a selection of cities from published price listings, not a complete official rate list for every Indian state and union territory. Published prices may vary across sources. Buyers should verify the local jeweller's rate before purchasing.

Difference Between 22-Carat and 24-Carat Gold

24-carat gold has a higher purity level, while 22-carat gold contains other metals that make it more suitable for jewellery manufacturing. This difference in purity is one reason the prices of the two types of gold are different.

The final cost of jewellery may exceed the quoted gold price because of making charges and applicable taxes.

What Affects Gold Prices in India?

Gold prices are influenced by international bullion prices, currency exchange rates, import costs, domestic demand and local market conditions. These factors can cause price differences between cities and jewellery retailers, even on the same day.

Things to Check Before Buying Gold

• Confirm whether the quoted rate is for 22-carat or 24-carat gold.
• Check the jewellery hallmark and HUID details.
• Ask for the total bill, including making charges and applicable taxes.
• Compare rates and making charges at different jewellery stores.

Conclusion

Published figures for October 16, 2026, placed 24-carat gold in Delhi at ₹1,47,590 per 10 grams and 22-carat gold at ₹1,35,300 per 10 grams. Prices in other cities differed slightly. Buyers should check the latest local rates and the final jewellery cost before making a purchase.

Prices are indicative and may vary by source, retailer and billing method.