Gold, silver rates today, October 19: Prices rise ahead of Dussehra; check city-wise rates before festive shopping

Gold and silver prices were trading higher on Monday, October 19, 2026, with MCX gold futures rising 0.33% and silver futures gaining 0.57%. Gold was quoted at ₹1,48,413 per 10 grams, while silver traded at ₹2,12,381 per kilogram in futures contracts expiring on December 4, 2026.

With Dussehra falling during the festive shopping season, buyers planning to purchase gold jewellery, coins or silver items may want to check the latest rates in their cities before visiting jewellers. However, analysts have warned that bullion prices could remain volatile this week amid tensions in West Asia, rising crude oil prices and movements in the rupee.

MCX gold, silver prices today

According to the MCX figures provided, gold and silver futures for December 4, 2026, were trading higher on Monday.

The MCX gold contract recorded an intraday low of ₹1,48,120 and a high of ₹1,48,499. Its average price stood at ₹1,48,342.17, while the previous close was ₹1,47,918.

Gold and silver rates in India today

The India Bullion Rates figures provided for 11:35 AM on Monday showed the following prices:

The reported gold prices by purity were as follows:

Gold rates today in major Indian cities

Silver rates today in major Indian cities

Dussehra shopping: What should gold and silver buyers check?

MCX futures prices, bullion reference rates and retail rates are different quotations. Buyers should compare like-for-like prices and confirm the complete bill amount with the jeweller.

Commodity markets will remain closed during the morning session on Tuesday, October 20.

Gold, silver may face a volatile week

Gold and silver could face another turbulent week as tensions in West Asia, crude oil prices approaching USD 110 per barrel and movements in the rupee influence market sentiment, analysts told PTI.

Analysts will also track Chinese economic data, US housing figures, consumer sentiment, inflation expectations and purchasing managers' index readings from major economies, including India, the UK and the US. Developments in Russian crude supplies, geopolitical risks and the dollar's movement are also expected to influence energy markets and bullion sentiment.

Gold rates at jewelers

The 22-carat gold rate at Tanishq was ₹13,575 per gram, or ₹1,35,750 per 10 grams. Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas reported rates of around ₹13,570 per gram, or ₹1,35,700 per 10 grams. These rates may vary by showroom and location, and the final purchase price depends on the gold's purity, weight, making charges and applicable GST.

Buyers planning Dussehra purchases should confirm the latest rates with their preferred jeweller before visiting the store. The amount paid by a buyer depends on the gold's purity and weight, the jeweller's applicable rate, making charges and taxes. Buyers should confirm the day's price and request a detailed bill before purchasing gold or silver jewellery.