Gold and Silver Prices Today: Gold Sees Sharp Decline Again, Silver Becomes Cheaper, Know Rates for 24, 22, and 18 Carat Gold

Gold and silver prices have seen a significant drop after Diwali. On Wednesday too, spot gold and silver prices are trading with a large decline.

Gold Silver Price Today: Significant profit-taking has been observed in gold and silver from their peak levels. A strengthening dollar and expectations of US Fed rate cuts also supported the decline, leading to a sharp fall in prices. According to Good Returns, the price of 24-carat gold in Delhi on Wednesday traded at ₹1,27,350 per 10 grams, marking a substantial drop of ₹3,380. 22-carat gold fell by ₹3,100 to ₹1,16,750 per 10 grams. 18-carat gold is now priced at ₹95,550 per 10 grams, down by ₹2,540. Meanwhile, silver traded at ₹1,62,000 per kilogram, a decrease of ₹2,000.

Significant Fall During Muhurat Trading

The MCX exchange was closed on Tuesday, October 21, due to Diwali Lakshmi Pujan. However, a one-hour Muhurat trading session was held. During this Muhurat trading, investors engaged in extensive selling. Gold futures dropped by approximately ₹2,500 and silver by over ₹8,000 during the Muhurat session. However, some recovery was seen later.

On Tuesday, during Muhurat trading on MCX, gold futures closed at ₹1,28,000 per 10 grams, a decline of 0.21 per cent or ₹271. Silver futures closed at ₹1,50,000 per kilogram, down by 0.22 per cent or ₹327. There will be no trading on MCX on Wednesday, October 22, during the morning session. However, the evening session will remain open. The evening session on MCX runs from 5 PM to 11:30 PM.

Gold Prices at Malabar Gold & Diamonds

On Wednesday, October 22, Malabar Gold & Diamonds is selling 22-carat gold at ₹1,16,600 per 10 grams. Here, 18-carat gold is available for ₹95,400 per 10 grams, and 14-carat gold is priced at ₹74,200 per 10 grams.

Gold Rates at Joyalukkas

On Wednesday, October 22, 2025, Joyalukkas is selling 24-carat gold at ₹1,27,200 per 10 grams. The company is selling 22-carat gold at ₹1,16,600 per 10 grams, and 18-carat gold at ₹95,400 per 10 grams.

Jewellery Brand	24 Carat (₹/10 grams)	22 Carat (₹/10 grams)	18 Carat (₹/10 grams)	14 Carat (₹/10 grams)
Malabar Gold & Diamonds	—	₹1,16,600	₹95,400	₹74,200
Joyalukkas	₹1,27,200	₹1,16,600	₹95,400	—
Tanishq	₹1,31,020	₹1,20,100	₹98,260	—
Kalyan Jewellers	—	₹1,19,700	—	—

Gold Prices at Tanishq

On Wednesday, October 22, 2025, Tanishq is selling 22-carat gold at ₹1,20,100 per 10 grams. Tanishq is selling 18-carat gold at ₹98,260 per 10 grams, and 24-carat gold at ₹1,31,020 per 10 grams.

Gold Rates at Kalyan Jewellers

Kalyan Jewellers is selling 22-carat gold at ₹1,19,700 per 10 grams.