# Precious Metal Fluctuations Before Festivals, Check Latest 22K and 24K Rates Across Leading Retail Chains

> Despite a brief mid-week rebound in Delhi physical trade, gold dropped Rs 2,800 this week while top jewelers updated their retail prices across major showrooms.

**Type:** article · **Category:** Business · **Published:** 2026-10-02 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/business/tyohari-sijana-men-pili-dhatu-ki-halachala-janen-pramukha-brandsa-ke-shoruma-para-22-aura-24-kaireta-ke-nae-dama-41773 · **Language:** English
**Tags:** Gold Price, Silver Price, Tanishq, Kalyan Jewellers, Malabar Gold, Bullion Market

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.

## What this means for you
The sharp weekly correction in bullion alongside noticeable price variations across major jewelry chains will directly influence household buying budgets.

- **For jewelry shoppers:** A spread of around Rs 450 per 10 grams exists between leading brands for 22-carat ornaments. Comparing quotes before finalizing festive purchases can help buyers optimize spending.
- **On weekly acquisition costs:** Gold contracted by Rs 2,800 and silver plunged by Rs 10,000 per kilogram over the weekly window. Consumers entering the market now face comparatively reduced initial price points.
- **Currency depreciation pressure:** The Indian rupee touching 96.31 against the US dollar keeps landing costs elevated for imported metals. A weakened currency limits how much global softness translates directly into local retail discounts.
- **Trading schedule considerations:** Spot market operations remain shut on Friday due to the Gandhi Jayanti public holiday. Consumers planning physical order pickups will need to track rates when wholesale trade resumes on Saturday.

## Why this happened
A combination of widespread investor profit-taking and foreign exchange shifts drove the net weekly drop across precious metals.

- **Sustained profit realization:** Heavy selling following previous rallies triggered a broader consolidation across precious metals. This profit-booking caused gold to shed nearly 2 percent and silver to retreat 4.2 percent over the week.
- **Forex weakness cushioning falls:** The rupee declined to 96.31 against the dollar, reaching its lowest point in over two months. This currency depreciation raised import parity and provided a floor against steeper domestic declines.
- **Local replenishment demand:** Festive restocking by regional jewelers helped Delhi spot gold climb Rs 500 on Thursday. However, this localized rebound was insufficient to erase the overall weekly deficit.

## Questions & Answers

### 1. What are today's 22K and 24K gold rates at Tanishq?
At Tanishq, 22-carat gold stands at Rs 13,820 per gram (Rs 1,38,200 for 10 grams), while 24-carat pure gold is Rs 15,076 per gram (Rs 1,50,760 for 10 grams).

### 2. What is the 22-carat gold rate at Kalyan Jewellers and Joyalukkas?
Both Kalyan Jewellers and Joyalukkas have quoted 22-carat gold at Rs 13,775 per gram and Rs 1,37,750 per 10 grams.

### 3. What is the 24-carat price at Malabar Gold and Diamonds?
Malabar Gold and Diamonds has listed 24-carat gold at Rs 15,027 per gram and Rs 1,50,270 per 10 grams.

### 4. Where did Delhi spot gold close on Thursday?
In Delhi wholesale trade, 24-carat gold rose by Rs 500 on Thursday to settle at Rs 1,49,800 per 10 grams.

### 5. How much did gold and silver lose over the week?
Gold declined by Rs 2,800 (about 2 percent) while silver fell by Rs 10,000 (4.2 percent) across the week.

### 6. Why will the bullion market remain closed on Friday?
The physical bullion market will observe a holiday on Friday on account of Gandhi Jayanti.

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