Gold Price Today, October 17, 2026: Gold remains one of the most popular purchases in India, particularly during the festive and wedding seasons. With Diwali and Dhanteras approaching, many buyers are closely watching bullion prices before purchasing jewellery, coins or gold bars.

According to the rates provided for October 17, 2026, the indicative price of 24-carat gold stands at ₹1,48,511 per 10 grams, while 22-carat gold is listed at ₹1,36,818 per 10 grams. The reported rate for 18-carat gold is ₹1,11,943 per 10 grams.

Gold prices have fluctuated over the past week, with the latest supplied figures remaining below the levels recorded on October 12. However, buyers should remember that actual jewellery prices can vary between cities and retailers.

Gold Rate Today in India: October 17, 2026

The supplied nationwide reference rates for different gold purities are as follows:

These are indicative rates based on the provided market figures and have not been independently verified against a live bullion feed.

The amount payable at a jewellery store may be higher after adding applicable taxes, making charges and other costs.

Gold Price Today: City-Wise Rates Across India

Gold prices are not necessarily identical across Indian cities. Local demand, distribution costs, dealer margins and other market conditions can influence the final quotation.

The following city-wise figures were supplied with an update date of October 16, 2026.

Note: The original figures distinguish between “pure gold” and “24K gold” without explaining the exact pricing basis for the two categories. They should not be treated as directly interchangeable. The source attributes these figures to IBJA, but the individual city quotations have not been independently confirmed.

Customers should obtain the latest price from their preferred jeweller before making a purchase.

Gold Prices Over the Last Seven Days

The supplied historical data indicates that gold prices have moved in both directions during the past week.

Here is a comparison of the reported 22-carat and 24-carat gold rates.

The figures suggest that 24-carat gold declined from ₹1,52,183 on October 12 to ₹1,48,511 on October 17.

That represents a reduction of ₹3,672 per 10 grams, or approximately 2.4%, over the period.

Similarly, 22-carat gold moved from ₹1,40,201 to ₹1,36,818 per 10 grams, a decrease of ₹3,383.

Despite this decline, the figures also show a recovery from the lower rates listed for October 15.

What Is the Difference Between 24K, 22K and 18K Gold?

Gold purity is one of the most important factors affecting its price.

24-Carat Gold

24-carat gold is the highest commonly traded purity category, containing approximately 99.9% gold.

It is generally preferred for bullion products such as coins and bars. Because of its softness, it is less suitable for many everyday jewellery designs.

22-Carat Gold

22-carat gold contains approximately 91.6% gold, with the remaining portion made up of other metals.

It is widely used in traditional Indian gold jewellery because the added metals improve durability.

18-Carat Gold

18-carat gold contains 75% gold and 25% other metals.

It is commonly used in jewellery designs that require greater strength, including pieces with gemstones and intricate settings.

Buyers should choose purity according to their intended use, budget and personal preferences.

Why Do Gold Prices Change Every Day?

Several domestic and international factors influence gold prices.

International Bullion Markets: Changes in global gold prices can affect domestic quotations because India relies heavily on imported gold.

Rupee-Dollar Exchange Rate: Gold is internationally priced in US dollars. When the rupee weakens against the dollar, the cost of imported gold can rise.

Festive and Wedding Demand: Gold buying often increases around Dhanteras, Diwali and the wedding season. Strong demand may influence local premiums and retail prices.

Interest Rates and Inflation: Expectations about central bank interest rates and inflation can influence investors' demand for precious metals.

Global Uncertainty: Geopolitical tensions, financial market volatility and concerns about economic growth can affect gold investment decisions.

Local Retail Costs: Making charges, dealer margins and applicable taxes can produce differences between the quoted bullion rate and the final jewellery bill.

What Should Buyers Check Before Purchasing Gold?

Anyone planning to purchase gold jewellery should compare the final amount charged by different retailers rather than looking only at the headline gold rate.

A jewellery bill may include the cost of gold, making charges, applicable GST and other disclosed charges.

Buyers should also check the purity of the jewellery and look for appropriate BIS hallmarking and HUID identification where applicable.

A proper invoice should clearly mention the weight, purity, price and applicable charges.

For investment purchases, customers may wish to compare the characteristics of physical gold with other available investment options, considering costs, liquidity and risks.

Is This a Good Time to Buy Gold?

The reported prices for October 17 are below those listed for October 12, but a short-term decline does not necessarily indicate that prices will continue falling.

Gold markets can change quickly in response to currency movements, international developments and investor demand.

Those purchasing jewellery for an upcoming occasion should focus on their budget, purity requirements and the final price quoted by the retailer.

Investors should consider their financial goals and risk tolerance rather than making decisions solely because prices have recently moved lower.

Gold Price Today: Final Update

According to the supplied October 17, 2026 figures, 24-carat gold is priced at ₹1,48,511 per 10 grams, 22-carat gold at ₹1,36,818 and 18-carat gold at ₹1,11,943.

The historical figures indicate that prices have eased compared with October 12, although fluctuations have continued throughout the week.

Before buying gold, verify the latest bullion rate, confirm purity and hallmarking, and ask the jeweller for a complete price breakdown, including taxes and making charges.