Gold Price Today, October 14, 2026: Gold prices in India have reportedly declined for the third consecutive day, bringing some relief to jewellery buyers during the festive season. On Wednesday, October 14, the fourth day of Navratri according to the supplied report, gold rates remained below ₹1.50 lakh per 10 grams in several major cities, including Delhi, Mumbai, Chennai, Kolkata and Jaipur.

The latest reported figures show that 24-carat gold is priced at ₹1,49,430 per 10 grams in Delhi, while 22-carat gold costs ₹1,36,990. In Mumbai, the corresponding rates stand at ₹1,49,280 and ₹1,36,840.

The decline comes amid reported strength in the Indian rupee, which can reduce the domestic cost of imported gold. Silver prices have also moved lower, with the white metal reportedly losing ₹5,100 per kilogram over two trading days.

Here is a detailed look at the latest gold and silver prices, city-wise rates and the factors influencing precious-metal markets.

Gold Rate Today: How Much Have Prices Fallen in Three Days?

Gold prices have reportedly remained under pressure after showing stability at the beginning of the festive period.

According to the supplied market report, 24-carat gold has become ₹2,140 cheaper per 10 grams over the past three days.

During the same period, 22-carat gold has declined by approximately ₹1,960 per 10 grams.

The latest daily movement was comparatively small. In Delhi, both 24-carat and 22-carat gold reportedly became ₹10 cheaper per 10 grams on October 14.

Although the daily decline is modest, the cumulative reduction over three days may attract attention from consumers planning to purchase jewellery.

However, buyers should remember that precious-metal prices can change throughout the trading day, and retail quotations may vary between dealers.

Gold Price Today October 14: City-Wise Rates for 24K, 22K and 18K Gold

The following table presents the reported prices of 10 grams of gold across 10 major Indian cities.

Note: These are indicative October 14 prices from the supplied market report, not independently verified live dealer quotations. Final jewellery bills may include applicable taxes and making charges.

Among the listed cities, Delhi, Lucknow and Jaipur have the highest reported 24-carat gold rate at ₹1,49,430 per 10 grams.

Mumbai, Kolkata, Chennai, Bengaluru and Hyderabad are quoted at ₹1,49,280 per 10 grams.

Gold Price Comparison: What Do 24K, 22K and 18K Mean?

Gold is sold in different purity grades, and each category has its own price.

24-carat gold is approximately 99.9% pure and is commonly used for investment products such as bullion bars and certain coins.

22-carat gold contains approximately 91.6% gold, with the remaining portion consisting of other metals. It is widely used in traditional jewellery.

18-carat gold contains 75% gold and is frequently used in jewellery designs that require additional strength.

The purity of gold directly affects its price. Higher-purity gold generally costs more per gram than lower-purity gold, assuming comparable market conditions.

Buyers should check the purity, weight and applicable hallmarking details before completing a purchase.

Why Are Gold Prices Declining in India?

Several factors influence domestic gold prices, including international bullion quotations, currency movements, import costs and investor sentiment.

The supplied report attributes part of the recent decline to strengthening of the Indian rupee.

Because India imports a substantial portion of its gold requirements, changes in the rupee's value against the US dollar can affect domestic prices.

When the rupee strengthens, importing gold may become less expensive in rupee terms, provided other factors remain unchanged.

Conversely, a weaker rupee can increase the domestic cost of imported gold even when international prices remain stable.

Global interest rates, bond yields, geopolitical developments and investment demand also influence precious-metal markets.

Silver Price Today: Rates Fall for Second Consecutive Day

Silver has reportedly followed a downward trend, with prices declining for the second consecutive day.

According to the supplied report, silver became ₹5,100 cheaper per kilogram over two days.

On October 14, the reported silver price in Delhi declined by ₹100 to ₹2,34,900 per kilogram.

Mumbai and Kolkata were also quoted at ₹2,34,900 per kilogram, while Chennai continued to record a higher price of ₹2,44,900.

Reported silver prices — October 14, 2026

Delhi

₹2,34,900

Per kilogram

Mumbai

₹2,34,900

Per kilogram

Kolkata

₹2,34,900

Per kilogram

Chennai

₹2,44,900

Per kilogram

The report also notes that silver prices had remained unchanged for eight consecutive days before increasing by ₹5,000 on October 10.

Subsequent declines have reversed that increase in the cited retail price series.

Gold and Silver Prices: Why Do Rates Differ Between Cities?

Gold and silver prices are not necessarily identical across India.

Differences can arise because of local demand, transportation expenses, dealer premiums, inventory costs and market conditions.

Jewellery prices can also vary significantly because of making charges and the complexity of the design.

For example, two jewellery stores may quote the same basic gold rate but charge different amounts for manufacturing and finishing.

This means consumers should compare the complete payable amount rather than relying only on the advertised per-gram gold price.

Is This a Good Time to Buy Gold During the Festive Season?

A decline in gold prices may attract buyers who have been waiting for a more favourable entry point.

However, a three-day price correction does not guarantee that rates will continue falling.

Consumers purchasing gold for weddings, festivals or personal use should consider their budget and compare prices across reputable jewellers.

Investment buyers should also evaluate the role of gold within their overall portfolio rather than making decisions solely on short-term price movements.

Gold can experience substantial volatility, and past performance does not guarantee future returns.

Important Things to Check Before Buying Gold Jewellery

Consumers planning to purchase gold jewellery should pay attention to several important details.

• Gold purity: Confirm whether the jewellery is made of 24K, 22K or 18K gold.
• BIS hallmark: Check applicable hallmarking details and verify the HUID where relevant.
• Making charges: Compare manufacturing charges between jewellers.
• Applicable taxes: Confirm the tax component included in the final invoice.
• Net gold weight: Check whether the quoted weight excludes stones and other non-gold materials.
• Buyback policy: Understand the jeweller's exchange and resale conditions.

These checks can help consumers avoid confusion and make better-informed purchasing decisions.

Gold Price Outlook: Will Rates Fall Further?

The direction of gold prices in the coming days will depend on domestic and international market developments.

Currency movements, global interest rate expectations, inflation data and investment demand may all influence future prices.

Seasonal jewellery demand could also affect local market quotations during the festive period.

However, the recent decline does not provide enough evidence to predict a sustained downward trend.

Investors and consumers should continue monitoring reliable market quotations before making major purchases.

Gold Price October 14, 2026: Key Takeaways

Gold prices have reportedly declined for three consecutive days, with 24-carat gold becoming ₹2,140 cheaper per 10 grams during the period covered by the supplied report.

In Delhi and Jaipur, 24-carat gold is quoted at ₹1,49,430 per 10 grams, while Mumbai and Chennai are listed at ₹1,49,280.

Silver prices have also weakened, with the reported rate reaching ₹2,34,900 per kilogram in Delhi, Mumbai and Kolkata.

For jewellery buyers, the recent correction may offer some relief, but comparing live rates, purity and additional charges remains essential before purchasing.

Disclaimer: This article is for informational purposes only. The prices and market movements are based on the supplied October 14, 2026 report and have not been independently verified against live bullion market data. Precious-metal prices can change frequently. Consult a qualified financial adviser before making investment decisions.