By ipomarket.in Editorial Team · Data as of 2 October 2026
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Gold prices are volatile and can fall as well as rise. Rates shown are indicative, taken from our own rate tables, and will differ from what your jeweller or bullion dealer quotes. Consult a SEBI-registered investment advisor before making any investment decision.
Gold in India is trading close to ₹1.50 lakh per 10 grams for 24 karat. This article sets out what our rate tables show for early October 2026 and how that compares with the previous months. It reports prices and ranges only. It does not tell you whether to buy, sell or hold.
Gold rates in India as of 2 October 2026
The latest date in our daily gold rate table is 2 October 2026. On that date the rates in Delhi were:
- 24 karat (99.9% purity): ₹15,045 per gram, or ₹1,50,450 per 10 grams
- 22 karat (91.6% purity): ₹13,790 per gram, or ₹1,37,900 per 10 grams
- 18 karat (75% purity): ₹11,286 per gram
Rates are close across the major metros. On the same date Mumbai, Kolkata and Chennai each showed 24K at ₹15,028 per gram and 22K at ₹13,775 per gram. Their 18K rates were ₹11,271 per gram in Mumbai and Kolkata, and ₹11,315 per gram in Chennai.
These are indicative rates and they change from day to day. This page is not updated daily, so check the current rate before relying on any figure here. Making charges and GST are added at the jeweller and are not included above. If you are unsure which purity suits your purpose, our explainer on 22 carat vs 24 carat gold breaks down the difference.
How the last few weeks looked (Delhi, 24K)
Our Delhi 24K rate moved as follows from mid-September to early October 2026:
- 14 September: ₹1,54,240 per 10 grams
- 19 September: ₹1,55,990 per 10 grams, the highest in the 14 September to 2 October window
- 28 September: ₹1,50,320 per 10 grams
- 30 September: ₹1,48,940 per 10 grams, the lowest in this period
- 2 October: ₹1,50,450 per 10 grams
So the 24K rate on 2 October was about 3.6% below the 19 September level, and about 1% above the 30 September level.
The longer view from our tables
Our daily table starts on 31 March 2026. Since then, the Delhi 24K rate has ranged as follows:
- 31 March 2026: ₹1,45,748 per 10 grams
- Low for the period: ₹1,40,092 per 10 grams on 26 June 2026
- High for the period: ₹1,64,120 per 10 grams on 24 August 2026
- 2 October 2026: ₹1,50,450 per 10 grams
The 2 October rate is about 3.2% above the 31 March level and about 8.3% below the 24 August high in this daily table.
Our separate monthly table, which covers April 2025 to June 2026 and is compiled from a different source, records a Delhi 24K monthly high of ₹1,41,500 per 10 grams in December 2025 and ₹1,79,140 in January 2026. For February and March 2026 it shows highs of ₹1,62,070 and ₹1,66,450. The monthly table has no rows after June 2026, and we have no daily rows before 31 March 2026. For that reason we do not state an all-time high or a full-year opening price here. For the earlier years, see our 10-year gold rate history.
Why 22K and 24K rates differ
The 24K rate is for near-pure gold (99.9%). Jewellery is usually made in 22K, which is 91.6% gold mixed with other metals for strength, so its rate per gram is lower. In our 2 October Delhi data, 22K was ₹1,255 per gram below 24K. 18K, at 75% gold, is lower again. When you compare a quote from a jeweller with the rates above, check the purity and the making charges first.
Gold, fixed deposits and other options
Gold pays no interest or dividend, so any return comes only from a change in price. A fixed deposit pays interest on a set schedule. Our piece on gold vs FD returns compares the two using historical figures. Whether either option suits you depends on your goals, time horizon and risk appetite, and that is a decision for you and a SEBI-registered advisor.
FAQ
What is the gold price in India as of 2 October 2026?
In Delhi, 24K gold was ₹15,045 per gram (₹1,50,450 per 10 grams) and 22K was ₹13,790 per gram (₹1,37,900 per 10 grams), according to our daily rate table. Mumbai, Kolkata and Chennai showed 24K at ₹15,028 per gram. These are indicative rates and exclude making charges and GST.
Is the gold rate the same in every Indian city?
No, but the differences between the major metros are small in our table. On 2 October 2026, 24K ranged from ₹15,028 per gram in Mumbai, Kolkata and Chennai to ₹15,045 per gram in Delhi. Your local jeweller's price can differ further because of making charges, GST and local demand.
How far is gold from its recent high in our data?
In our daily table, the Delhi 24K rate peaked at ₹1,64,120 per 10 grams on 24 August 2026. The 2 October rate of ₹1,50,450 is about 8.3% lower. Our data starts on 31 March 2026, so this is the high for that period only and not an all-time high.
What is the difference between 22K and 24K gold?
24K gold is 99.9% pure, while 22K is 91.6% gold mixed with other metals. Most jewellery is 22K because pure gold is too soft. The per-gram rate for 22K is lower than for 24K.
Data as of 2 October 2026. Prices are from the daily and monthly gold rate tables on ipomarket.in and are indicative only.