Gold Rate Today: Prices Fall on October 30, 2026

Gold Rate Today, October 30, 2026: Prices Decline

Gold prices witnessed a decline in the Indian market on Friday, October 30, 2026. The 24-carat gold rate stood at ₹1,42,260 per 10 grams in most major cities, while 22-carat gold was priced at ₹1,30,400 per 10 grams. Delhi recorded slightly higher prices than several other major markets.

The decline comes as buyers continue to monitor domestic bullion prices ahead of wedding purchases, festive shopping and investment decisions. Actual jewellery prices may differ depending on the city, jeweller and applicable charges.

Gold Price on October 30, 2026: 24K, 22K and 18K

The indicative gold rates for the three commonly traded purity categories were:

These are indicative rates for most major cities. Local market differences may apply.

City-Wise Gold Rates in India on October 30

The following table provides a comparison of gold prices across major Indian cities.

State-Wise Gold Price Overview

Gold prices are not identical across every Indian state. Local bullion market conditions, transportation expenses, taxes and jewellery retailers' pricing policies can influence the final rates.

Based on the available major-city figures, the indicative 24-carat prices per 10 grams were:

• Delhi: ₹1,42,410
• Maharashtra (Mumbai and Pune): ₹1,42,260
• Tamil Nadu (Chennai): ₹1,42,260
• West Bengal (Kolkata): ₹1,42,260
• Karnataka (Bengaluru): ₹1,42,260
• Telangana (Hyderabad): ₹1,42,260
• Gujarat (Ahmedabad and Vadodara): ₹1,42,310

This is a representative market comparison, not an exhaustive official price list for every state and city. Buyers in other states should confirm local bullion or jeweller rates before purchasing.

How Much Did Gold Prices Fall on October 30?

Gold became cheaper compared with October 29, according to the reported city-wise market rates.

• 24-carat gold declined by ₹1,690 per 10 grams.
• 22-carat gold dropped by ₹1,550 per 10 grams.
• 18-carat gold fell by approximately ₹1,270 to ₹1,290 per 10 grams.

The decline offered some relief to consumers planning jewellery purchases. However, prices can change with movements in international bullion markets and currency exchange rates.

Why Did Gold Prices Decline?

Market reports attributed the renewed selling pressure in precious metals partly to stronger US inflation data and changing expectations surrounding the Federal Reserve's interest-rate policy.

Higher interest-rate expectations can reduce the appeal of gold because the metal does not generate regular interest income. Movements in the US dollar, global economic conditions and investor demand also influence domestic gold prices.

Important Things to Check Before Buying Gold

Consumers should verify more than just the displayed gold rate before making a purchase.

• Check the BIS hallmark and purity details.
• Verify the HUID number on the jewellery.
• Ask about making charges and wastage.
• Confirm the net gold weight on the invoice.
• Check applicable GST and other charges.
• Compare prices from different trusted jewellers.

Conclusion

Gold prices declined in India on October 30, 2026, with 24-carat gold trading at ₹1,42,260 and 22-carat gold at ₹1,30,400 per 10 grams in most major cities. Delhi recorded comparatively higher rates. Consumers should check the latest local quotation and additional jewellery charges before making a purchase.

Disclaimer: The prices mentioned are indicative market rates. The final retail price may vary depending on the location, jeweller, applicable GST, making charges and other costs.