Gold & Silver Rates Today — 23 October 2026
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| Date | Gold (24K) | Silver | ||
|---|---|---|---|---|
| Call & move | Result | Call & move | Result | |
| 23 Oct | Sidewaysawaiting tomorrow | Pending | Sidewaysawaiting tomorrow | Pending |
| 22 Oct | SidewaysFell 2.2% | ✗ Miss | SidewaysFell 2.4% | ✗ Miss |
| 21 Oct | SidewaysFlat +0.1% | ✓ Right | SidewaysFlat +0.5% | ✓ Right |
| 20 Oct | SidewaysEased 0.5% | ✓ Right | SidewaysFlat −0.3% | ✓ Right |
| 19 Oct | SidewaysEased 0.5% | ✓ Right | SidewaysFirmed 0.4% | ✓ Right |
| 16 Oct | SidewaysFirmed 0.2% | ✓ Right | SidewaysFlat −0.2% | ✓ Right |
Good morning — here's where gold and silver stand this Friday, 23 October 2026, and what's behind the move.
In short (23 October 2026): 24K gold is around ₹1,43,300/10g and 22K around ₹1,31,400/10g; silver is about ₹2,23,000/kg. Gold has slipped below a level it had defended twice this month as traders cut risk before next week's US Fed meeting and money moved into bonds rather than gold — so the near-term read is softer and sideways, not a clear trend. These are indicative India reference levels — AT Jewels' live counter rate is the billing price.
Today's rates at a glance
- 24K gold: around ₹1,43,300 per 10g (indicative)
- 22K gold: around ₹1,31,400 per 10g (indicative)
- Silver: around ₹2,23,000 per kg (indicative)
These are indicative India reference levels only. The one rate that actually bills your purchase is AT Jewels' live counter/board rate at the time of buying — in store or over WhatsApp.
What is moving the market this week
Gold had a heavy overnight session. It broke below the roughly $4,076-an-ounce mark in international (per-ounce) terms — a floor it had held twice earlier in October — and settled at its weakest in a couple of months. The fall was broad: silver dropped the hardest, down to around three-month lows, and other metals eased too. It looked like a general “sell everything” moment rather than a gold-specific story.
The twist is that it happened even as oil jumped on fresh Middle East tensions and global markets turned cautious. Normally that mix helps gold, but this time the safe-haven money went into US government bonds instead, and a firm-ish dollar plus caution before next week's US Federal Reserve meeting (27–28 October) kept bullion on the back foot. For Indian buyers, a steady rupee has softened the blow a little.
The near-term view
For now the honest read is sideways to a touch softer — gold is drifting near the lower end of its recent range and could just as easily bounce (a lot of sellers are already in) as drift lower into the Fed decision. I'd pencil a near-term band of roughly ₹1,41,000–1,46,000 for 24K per 10g, with silver choppy. For a family buying for a wedding or a festival, this kind of dip is a reasonable window: buy by your need and your date, spread the purchase into parts rather than timing a single day, and don't chase a green or red morning. This isn't trading advice — just a calm way to buy jewellery you were going to buy anyway.
Frequently asked
What is the gold rate today in India?
Today 24K gold is around ₹1,43,300 per 10g and 22K around ₹1,31,400 per 10g (indicative). Your final price depends on making charges, 3% GST and AT Jewels' live counter rate at the time of billing.
What is the silver rate today?
Silver is about ₹2,23,000 per kg (indicative) today, after a sharp cool-off to roughly three-month lows.
Will gold prices go up or down this week?
No one can say for sure. Gold has just slipped below a level it had been defending, so the near-term tone is softer, but with next week's US Fed meeting ahead and sellers already crowded, a bounce is just as possible — the most honest read is sideways with no certainty either way.
— Nitin Bardia / AT Jewels
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Disclaimer: This note is general market commentary for information only and is not investment, trading or financial advice, nor a recommendation to buy or sell any commodity. Rates shown are indicative and can change through the day; the binding price for any transaction is AT Jewels' live counter rate at the time of purchase. Precious-metal prices can move against any view expressed here. Please make your own decision or consult a qualified adviser before any investment.