Gold Rate Today Gold and silver buyers have received some relief on Saturday, October 31, 2026, as gold jewellery prices declined at several leading jewellery brands in India. The biggest change is visible in 22-carat gold, with Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers bringing their prices below ₹13,000 per gram.
However, Tanishq has kept its 22-carat gold rate unchanged. Silver prices have also moved lower, giving buyers another reason to check the latest market rates before making a purchase. With Dhanteras and Diwali approaching, the latest price movement could influence jewellery-buying decisions across the country.
Gold Rate Today in India: October 31, 2026
Gold prices recorded a noticeable decline at three major jewellery chains compared with October 30. Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers are now quoting ₹12,730 per gram for 22-carat gold, down from ₹13,040 per gram a day earlier.
Tanishq, meanwhile, continues to sell 22-carat gold at ₹13,090 per gram. Its price has remained unchanged from the previous day.
The difference between jewellery brands makes it important for customers to compare prices before visiting a showroom.
22K Gold Price at Malabar, Joyalukkas, Kalyan and Tanishq
Here is the latest 22-carat gold jewellery price comparison for October 31, 2026.
- Malabar Gold & Diamonds: ₹12,730 per gram
- Joyalukkas: ₹12,730 per gram
- Kalyan Jewellers: ₹12,730 per gram
- Tanishq: ₹13,090 per gram
These rates are reported across major cities, including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Coimbatore and Thiruvananthapuram.
The ₹360 difference per gram between Tanishq and the other three jewellery brands could make a noticeable difference when purchasing heavier ornaments.
IBJA Gold Rates Today: 24K, 22K, 20K and 18K
The India Bullion and Jewellers Association (IBJA) provides an important benchmark for gold and silver prices in the Indian market.
According to the latest available October 30 evening figures reported for the October 31 update, the indicative rates are:
- 24K (999 purity): ₹14,005 per gram
- 22K gold: ₹13,669 per gram
- 20K gold: ₹12,464 per gram
- 18K gold: ₹11,344 per gram
- 14K gold: ₹9,033 per gram
These figures are indicative benchmark rates, not guaranteed showroom selling prices. Customers should also check the applicable GST and jewellery making charges.
Silver Rate Today: October 31, 2026
Silver prices have also witnessed a decline. The IBJA’s latest available 999-purity silver rate stands at ₹1,81,344 per kilogram in its October 30 evening figures.
This compares with ₹1,90,478 per kilogram on October 29, indicating a decline of ₹9,134 per kilogram.
Silver remains an important purchase for Indian households, particularly during the festive season when people buy coins, utensils, idols and decorative items.
Should You Buy Gold and Silver Now?
The latest decline may encourage buyers who have been waiting for a better opportunity to purchase jewellery. However, a single day’s fall does not guarantee that prices will continue moving downward.
Before purchasing, customers should compare the per-gram rate, making charges, wastage, hallmarking details and final bill across different jewellers.
It is also important to remember that local taxes, store policies and daily price revisions can affect the final amount.
FAQs
1. What is the 22K gold rate today, October 31, 2026?
Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers are quoting ₹12,730 per gram, while Tanishq is quoting ₹13,090 per gram.
2. What is the IBJA 24K gold rate today?
The latest available IBJA indicative figure for 24K gold is ₹14,005 per gram, based on its October 30 evening rate.
3. What is the silver rate today in India?
The latest available IBJA rate for 999-purity silver is ₹1,81,344 per kilogram.
Disclaimer
Gold and silver rates mentioned in this article are based on available market information for October 31, 2026. Prices may vary depending on the city, jeweller, purity, taxes and making charges. IBJA rates are indicative benchmark prices and may differ from actual showroom rates. Readers are advised to verify the latest prices with their preferred jeweller before making any purchase. This article is for informational purposes only.
Sudhanshu is the author of XYZ News Live and has over 2 years of experience in digital content writing. His focus is on presenting news and important information in a simple, clear, and accessible language for readers.