Gold Silver Price Today (15 Oct 2026): IBJA 24K ₹1,45,942, Silver Falls 2.6% to ₹2,08,275/kg

₹1,45,942 per 10 grams: that is where IBJA’s 24-carat gold fix closed on Thursday, 15 October 2026, just ₹122 below Wednesday. Silver fell harder, by ₹5,547 to ₹2,08,275 a kg. Gold silver price today in short: gold barely moved, while silver had its third straight fall. Below are IBJA’s official AM and PM rates, city retail quotes from GoodReturns, and what the numbers mean before you buy.

Gold silver price today: IBJA rates for 15 October

Source: ibjarates.com, read at 8:35 PM IST. Rates exclude 3% GST and making charges. Changes are our calculations.

How we checked the date: IBJA’s live table carries no date. But its dated “previous dates” archive now ends at 14/10/2026, and those 14 October rows match exactly what the live table showed on Wednesday evening. The new live figures are therefore Thursday’s.

Within the day, prices recovered a little: 24K rose ₹378 from the AM to the PM session, and silver gained ₹1,177.

This week so far: IBJA PM closes

Source: IBJA dated archive and today’s PM fix. Since last Friday, 24K is down ₹3,488 (−2.33%) and silver is down ₹12,834 (−5.80%), by our calculation. Wednesday’s detailed rates are in our 14 October gold post.

Retail city rates today (GoodReturns)

Source: GoodReturns city pages dated 15 October 2026, read at 8:38 PM IST. These are indicative retail rates, excluding GST, TCS and other levies; GoodReturns shows no update time. Mumbai 24K is ₹82 a gram lower than Wednesday and 22K ₹75 lower, per GoodReturns.

Silver retail: GoodReturns lists ₹2,30,000 a kg (₹230 a gram) for Mumbai, Delhi, Kolkata, Bengaluru, Pune and Ahmedabad, and ₹2,40,000 a kg for Chennai, Hyderabad and Kerala. That is ₹5,000 lower than Wednesday’s listing.

Retail vs IBJA: the gap

Our calculations. IBJA’s fix is a benchmark for the bullion trade; shops add their own costs and margins. The silver gap is unusually wide, partly because retail silver quotes move in round ₹5,000 steps and were not cut as much as IBJA’s rate today.

All IBJA purities, PM session

Platinum 999 closed at ₹57,649 per 10 grams. Use the row that matches the purity stamped on your jewellery when you sell or exchange it.

What the numbers mean if you are buying

• Work out the full bill. At Mumbai’s 22K rate, 10 grams cost ₹1,35,150. With 10% making charges, that is ₹1,48,665; applying 3% GST on the whole amount takes it to about ₹1,53,125. Making charges and how GST is applied vary by jeweller, so ask for an itemised estimate.
• Check the HUID. Hallmarked jewellery carries a six-character HUID; 22K is marked 916.
• Silver buyers, compare. With retail silver about 10% above IBJA, a few phone calls to different shops can save real money on large purchases.
• Prices move both ways. Gold fell more than ₹3,400 per 10 grams in five sessions. Spreading festival purchases over a few days may suit some families, but no one can time the bottom.

Holding gold at home? Read how much gold you can keep at home. Need cash against jewellery instead of selling it? See our gold loan guide. Sovereign Gold Bond holders who redeemed today received ₹14,725 a unit, as we explained in our SGB redemption post.

Silver is falling faster than gold

One way to see this week’s move is the gold-silver ratio: how many grams of silver one gram of gold buys. On IBJA’s PM rates, it was about 67.6 last Friday (₹14,943 a gram of 24K against ₹221.11 a gram of silver). Today it is about 70.1 (₹14,594.20 against ₹208.28). A rising ratio means silver has fallen more than gold. Silver tends to swing more than gold in both directions, so it suits buyers who can live with sharper price moves.

Selling or exchanging old gold today

1. Know the purity. Check the hallmark. A 22K piece should be valued against the 916 row, not the 24K rate.
2. Ask for the deduction in writing. Jewellers usually deduct a percentage for melting loss or impurities. Ask what it is before you agree.
3. Compare buyback and exchange. Many shops offer a better rate if you exchange old gold for new jewellery than if you take cash.
4. Keep the bill. The original purchase bill helps prove ownership and the cost price for capital gains tax.

Gold imports fell sharply in September

Commerce Ministry data released today show India’s gold imports fell 81.27% in September from a year earlier, and silver imports fell 49.11%. High prices tend to dampen import demand. The full trade numbers are in today’s separate trade deficit report.

What is not in this post

We have not included MCX futures or international prices, because we did not find a dated, timed figure we could verify for today.

Here are quick answers to common questions.

FAQs

What is the 24K gold rate today, 15 October 2026?

IBJA’s PM fix is ₹1,45,942 per 10 grams. GoodReturns lists Mumbai retail at ₹14,744 a gram.

What is the 22K gold rate today?

IBJA 916 PM fix: ₹1,33,683 per 10 grams. Mumbai retail: ₹13,515 a gram (GoodReturns).

What is the silver rate today?

IBJA PM: ₹2,08,275 a kg. Retail in most metros: ₹2,30,000 a kg; ₹2,40,000 in Chennai, Hyderabad and Kerala (GoodReturns).

Did gold fall today?

Slightly. IBJA 24K closed ₹122 lower than Wednesday; silver fell ₹5,547.

Takeaway: Gold silver price today, 15 October: IBJA 24K closed at ₹1,45,942 per 10 grams, nearly flat, while silver dropped 2.59% to ₹2,08,275 a kg. Add making charges and GST before comparing any jeweller’s bill.