Precious metal counters have witnessed persistent price swings, reflecting heavy overall selling pressure across bullion segments over consecutive weeks. However, the physical bullion counters in the national capital managed to log gains for two straight trading days by Thursday. For shoppers assessing jewelry purchases, major retail chains nationwide have rolled out their respective daily tariffs across standard purity grades.
Tanishq Showroom Figures for 22K and 24K
At retail outlets operated by Tanishq, 22-carat gold meant for ornaments stood pegged at Rs 13,820 for a single gram on October 2, translating to Rs 1,38,200 for a 10-gram denomination. Meanwhile, buyers opting for 24-carat pure bullion at the same brand saw figures tagged at Rs 15,076 per gram, amounting to Rs 1,50,760 per 10 grams.
Tariffs at Kalyan Jewellers, Joyalukkas, and Malabar
Other prominent retail networks displayed uniform benchmarks across their outlets. Stores belonging to Kalyan Jewellers quoted 22-carat gold at Rs 13,775 per gram and Rs 1,37,750 for 10 grams. Identical price tags appeared at Joyalukkas showrooms, where the standard 22-carat metal stood marked at Rs 13,775 for a single gram and Rs 1,37,750 for a 10-gram lot.
Furthermore, Malabar Gold and Diamonds aligned its 22-carat inventory at the matching tier of Rs 13,775 per gram and Rs 1,37,750 per 10 grams. In the higher purity bracket, 24-carat gold across Malabar counters was listed at Rs 15,027 per gram, which works out to Rs 1,50,270 for 10 grams.
Delhi Spot Settlement and Silver Pullback
Physical trading activity in Delhi on Thursday witnessed 99.9 percent pure 24-carat bullion advancing by Rs 500 to finish at Rs 1,49,800 per 10 grams, bouncing from Wednesday's closing mark of Rs 1,49,300 per 10 grams. In stark contrast, industrial metal silver absorbed a sharp drop of Rs 5,000, tumbling down to Rs 2.27 lakh per kilogram after having concluded the prior session at Rs 2.32 lakh per kilogram.
Weekly Losses, Forex Triggers, and Market Holiday
Even with back-to-back late-week recoveries, gold recorded an overall decline of Rs 2,800 or roughly 2 percent across the weekly stretch. Silver underwent a steeper correction, shedding Rs 10,000 or 4.2 percent over the same span. Downside momentum in domestic bullion found a cushion as the Indian rupee drifted past 96 against the greenback, settling Thursday at 96.31, its weakest quotation in over two months. Physical bullion trading will remain paused on Friday on account of Gandhi Jayanti.
