Gold Rate Today, 28 October 2026: 24K, 22K and 18K Prices by City

Wednesday, 28 October 2026 | Morning rate check: 9:00 AM IST. Gold prices on this page are indicative retail listings, not binding quotes from a particular jewellery shop. The figures are sourced consistently from Goodreturns’ dated 28 October city listings and may be revised during the day.

Gold rate today: Goodreturns lists 24-karat gold in Mumbai at ₹14,330 per gram (₹1,43,300 for 10 grams), and 22-karat gold at ₹13,136 per gram (₹1,31,360 for 10 grams). Delhi and Lucknow carry slightly higher indicative prices. Below is a city-by-city breakdown, yesterday’s comparable figures, and what buyers should check before paying.

Gold rate today, 28 October 2026: 24K, 22K and 18K by city

All figures are Indian rupees. A rate per 10 grams is the same provider’s listed 10-gram figure, not a jewellery invoice amount.

Source: Goodreturns, city-wise indicative retail rate listings dated 28 October 2026. The source says these prices exclude GST and other levies; making charges and each seller’s actual quote can differ. See its India rates and city comparison. The Delhi, Mumbai, Chennai and Lucknow figures were checked against the provider’s same-day regional listings. This is a reporting snapshot, not a live price feed.

Did gold prices rise or fall compared with 27 October?

On Goodreturns’ Mumbai listing, 24K moved from ₹14,329 per gram on 27 October to ₹14,330 on 28 October. Its 22K quotation moved from ₹13,135 to ₹13,136. Both changed by ₹1 per gram or ₹10 per 10 grams in this specific provider series. Delhi’s corresponding figures rose by ₹1 per gram for 24K and 22K too. This describes Goodreturns’ quotations, not every jeweller’s actual selling price.

A small recorded movement does not establish the cause of a market change. International bullion prices, the rupee-dollar rate, domestic demand and seller margins can all affect Indian gold pricing; their effects should not be attributed to this morning’s change without supporting market evidence.

Why do other websites show a different gold price?

A price comparison is useful only when the underlying quotations are comparable. One website may quote an indicative city retail rate; another may show a jeweller’s shop price, a market benchmark or futures. Update times can also differ. For example, Times of India’s 28 October Delhi listing shows a somewhat different 24K quote, so this article does not average the two publishers or pretend they report a single official retail price. View the independent Delhi listing.

The India Bullion and Jewellers Association (IBJA) publishes AM and PM gold bullion benchmark rates by purity, normally in rupees per 10 grams before GST and making charges. Those figures are distinct from the indicative city retail listings above. IBJA does not issue benchmark quotations on Saturdays, Sundays and certain holidays; we have not substituted an older IBJA rate for today’s retail comparison.

What is the difference between 24K, 22K and 18K gold?

24K is generally quoted as near-pure gold (commonly 999 fineness) and is often used as a reference for bars and coins. 22K is approximately 91.6% gold and is commonly used in jewellery. 18K contains 75% gold and can be used for jewellery that requires different design or durability characteristics. Purity affects the metal’s price, but the finished item’s cost depends on much more than the metal content.

Buying gold jewellery today? Check the final invoice

A headline price per gram is not the amount a jeweller must charge you. The final amount depends on net gold weight, purity, shop-specific price, making charges, applicable GST, and any stones or other components. Ask for an itemised written quotation before agreeing. A simple comparison between two shops should use the same purity, the same net gold weight and the final payable amount; comparing only the displayed 22K rate can be misleading.

For hallmarked jewellery, inspect the BIS hallmark and the six-character HUID. Use the Bureau of Indian Standards guidance and the BIS Care app’s Verify HUID function where applicable, and match the details with the item and invoice. Keep your purchase bill for exchange, resale or any complaint.

As a worked reference, at the indicative Mumbai 22K rate of ₹13,136 per gram, 10 grams of metal is listed at ₹1,31,360 before the shop-specific charges just described. Do not treat that amount as a final jewellery offer.

Frequently asked questions

What is the 22K gold rate today in Mumbai?

Goodreturns’ 28 October 2026 indicative listing shows ₹13,136 per gram or ₹1,31,360 per 10 grams for 22K gold in Mumbai. A shop’s quote can be different.

How much is 24K gold per 10 grams in Delhi?

The same provider lists ₹1,43,450 per 10 grams for 24K in Delhi on 28 October 2026, excluding taxes and other applicable charges.

Are these prices the IBJA AM gold rates?

No. This article reports a set of Goodreturns indicative retail listings. IBJA’s AM/PM benchmark bullion prices use a different methodology and are not presented as shop rates.

Do these prices include GST and making charges?

No. Taxes, making charges and other transaction-specific charges may increase the final amount. Obtain a complete quote and detailed invoice from your seller.

Sources, update policy and disclaimer

Source pages: Mumbai, Delhi, Chennai, Lucknow (all under Goodreturns’ gold rates). Independent cross-check: Times of India Delhi rate page; its figures were not mixed into the table. Context: IBJA benchmark rates and BIS hallmarking guidance.

Last reported verification: 28 October 2026, 9:00 AM IST. These indicative quotations are subject to intra-day revision, and individual jewellers may offer different prices. This article is general consumer information, not investment advice or a guaranteed quotation. NewsThreads247 may correct a published price when a dated source error is identified.

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