Gold Silver Price Today (11 Oct): Gold Up ₹1,292 in a Week, IBJA Fri 9 Oct PM at ₹1,49,430
Gold ended the week up ₹1,292. IBJA’s PM fix for 24-carat gold was ₹1,49,430 per 10 grams on Friday 9 October, against ₹1,48,138 at the last fix before the long weekend, Thursday 1 October PM. That is a gain of 0.87%. There is no IBJA rate on Sunday, so if you are checking the gold silver price today, Friday 9 Oct PM is still the latest benchmark. Silver barely moved over the same span, up ₹280 to ₹2,21,109 a kg.
One date note before the numbers. Friday 2 October was Gandhi Jayanti, a central government holiday, and IBJA’s previous-dates table has no row for it. So “last Friday” in this post means the nearest earlier fix, Thursday 1 October PM.
Gold silver price today: IBJA week-on-week (PM fixes)
| Purity | Thu 1 Oct PM (₹) | Fri 9 Oct PM (₹) | Change (₹) | Change |
|---|---|---|---|---|
| Gold 999 (24K), 10 g | 1,48,138 | 1,49,430 | +1,292 | +0.87% |
| Gold 995, 10 g | 1,47,545 | 1,48,832 | +1,287 | +0.87% |
| Gold 916 (22K), 10 g | 1,35,694 | 1,36,878 | +1,184 | +0.87% |
| Gold 750 (18K), 10 g | 1,11,104 | 1,12,073 | +969 | +0.87% |
| Gold 585 (14K), 10 g | 86,661 | 87,417 | +756 | +0.87% |
| Silver 999, 1 kg | 2,20,829 | 2,21,109 | +280 | +0.13% |
All IBJA rates exclude 3% GST and making charges. The 1 October row is from the PM column of IBJA’s previous-dates table as we saved it on 6 October; the 9 October row is from the same table read today.
The trading week alone (Mon 5 Oct PM to Fri 9 Oct PM)
Measured over the five trading days only, 24K rose ₹1,232 (0.83%), from ₹1,48,198 to ₹1,49,430. Silver went the other way: it fell ₹3,048 (1.36%), from ₹2,24,157 to ₹2,21,109 a kg. Silver started the week high and gave it back. Gold dipped midweek (₹1,47,646 on Thursday 8 Oct PM) and then jumped ₹1,784 on Friday.
| Day (PM fix) | 24K, 10 g (₹) | 22K, 10 g (₹) | Silver, 1 kg (₹) |
|---|---|---|---|
| Mon 5 Oct | 1,48,198 | 1,35,749 | 2,24,157 |
| Tue 6 Oct | 1,48,473 | 1,36,001 | 2,22,820 |
| Wed 7 Oct | 1,47,767 | 1,35,355 | 2,20,866 |
| Thu 8 Oct | 1,47,646 | 1,35,244 | 2,17,106 |
| Fri 9 Oct | 1,49,430 | 1,36,878 | 2,21,109 |
22 carat gold rate and silver rate per kg in cities today (not IBJA)
These are jewellers’ quotes compiled by GoodReturns for Sunday 11 October. They are not IBJA figures. They usually sit above the IBJA fix, and GoodReturns does not say exactly what is in them. Treat them as a guide to what shops are asking, not as a benchmark.
| City | 24K, 10 g (₹) | 22K, 10 g (₹) | Silver, 1 kg (₹) |
|---|---|---|---|
| Mumbai | 1,51,420 | 1,38,800 | 2,40,000 |
| Delhi | 1,51,570 | 1,38,950 | 2,40,000 |
| Chennai | 1,51,420 | 1,38,800 | 2,45,000 |
| Kolkata | 1,51,420 | 1,38,800 | 2,40,000 |
| Bengaluru | 1,51,420 | 1,38,800 | 2,40,000 |
| Hyderabad | 1,51,420 | 1,38,800 | 2,45,000 |
| Ahmedabad | 1,51,470 | 1,38,850 | 2,40,000 |
GoodReturns lists per-gram prices; we multiplied by 10. Its 22 carat gold rate for Mumbai, ₹1,38,800, is ₹1,922 (1.40%) above IBJA’s 22K fix of Friday 9 Oct PM. On silver the gap is far wider: the ₹2,40,000 city quote is ₹18,891 (8.54%) above IBJA’s ₹2,21,109. That gap was already large last week, so ask your jeweller which rate they are quoting before you compare.
The city quotes did not change between Saturday and Sunday. GoodReturns shows 24K at ₹15,142 a gram on both days, up ₹114 a gram from 2 October.
What to watch on Monday 12 October
- The first fresh IBJA fix. IBJA does not publish on Saturdays, Sundays or central government holidays. Monday’s AM fix will be the first new benchmark since Friday 9 Oct PM.
- The rupee. Gold in India is priced off the dollar price and the exchange rate. From 12 October, RBI’s special window meets the dollar needs of the public sector oil companies directly, and RBI’s forex limits announced on 10 October also apply. If these steady the rupee, that can cap rupee gold prices even if global prices rise. Our RBI forex measures explainer has the detail.
- Liquidity operations. RBI has a 3-day VRRR auction on Monday and an OMO sale of ₹25,000 crore of government bonds on Tuesday 13 October. These move bond yields and the rupee more than gold, but they show how hard RBI is pulling cash out of the system.
- Whether silver’s city premium narrows. If the 8.5% gap to IBJA persists, buying silver at a shop costs a lot more than the benchmark suggests.
We make no forecast for Monday’s price. The list above is what can move it, not where it will go.
Your bill on a 20-gram 22K purchase
At IBJA’s Friday 9 Oct PM 22K rate, 20 grams costs ₹2,73,756 before tax. Add 3% GST and it comes to ₹2,81,968.68, before making charges. GST is charged on the making charge too, so the final bill will be higher. Ask for the making charge in rupees, not just as a percentage, so you can compare two shops. Our guide to how much gold you can keep at home covers what to keep from the purchase.
If you plan to buy for Dhanteras, see our Dhanteras 2026 gold page for the dates.
Quick answers for the weekend follow.
FAQs
Why is IBJA’s rate the same as Saturday’s?
Because IBJA has not published since Friday 9 October PM. Its site says rates are not published on Saturdays, Sundays or central government holidays.
How much did gold rise this week?
24K: up ₹1,232 over the five trading days (5 to 9 Oct PM), or ₹1,292 from the last fix before the 2 October holiday.
What is the 22 carat gold rate today?
IBJA, Fri 9 Oct PM: ₹1,36,878 per 10 grams. Mumbai jewellers, per GoodReturns: ₹1,38,800.
And the silver rate per kg?
₹2,21,109 at IBJA (Fri 9 Oct PM). City quotes on Sunday: ₹2,40,000 to ₹2,45,000.
Takeaway: for the gold silver price today, use IBJA’s Friday 9 Oct PM fix as your reference (24K ₹1,49,430, 22K ₹1,36,878), and check Monday’s fresh fix before paying a jeweller’s quote.
Where the numbers come from
- IBJA, ibjarates.com: previous-dates table, AM and PM, 5–9 Oct 2026 (read 11 Oct); 1 Oct 2026 PM row from our saved copy of 6 Oct; holiday note
- RBI press release, 10 Oct 2026: special dollar window for oil marketing companies; RBI releases of 9 Oct on the VRRR (12 Oct) and the OMO sale (13 Oct)
- GoodReturns gold and silver city tables, dated 11 Oct 2026 (data provider, Tier 2)
Last verified: 11 Oct 2026, 3:20 PM IST. IBJA does not publish on weekends or central government holidays (no fix on 2 Oct). Rates are IBJA’s Fri 9 Oct 2026 PM fix and the 5–8 Oct PM rows, read on ibjarates.com today; the Thu 1 Oct PM row is from our saved copy of 6 Oct. Also checked: RBI releases on the OMC dollar window, VRRR and OMO. City rates are GoodReturns quotes dated 11 Oct (data provider, not IBJA).
