Gold and Silver Prices Decline: Latest Rates for October 27, 2026
Recent Trends in Gold and Silver Prices
On October 27, 2026, gold and silver prices have once again experienced a downturn. Amidst this decline, buyers are keenly observing the latest market rates, especially with the upcoming Karwa Chauth, which holds significance for those planning to purchase jewelry. It's important to note that there may be discrepancies between futures market prices and retail prices at jewelry stores.
Current Gold Prices
According to online rates available in Jaipur, the price of 24-carat gold is approximately ₹1,42,720 per 10 grams, while 22-carat gold is priced at ₹1,30,840 per 10 grams. The cost of 18-carat gold stands at around ₹1,07,040 per 10 grams. Compared to previous rates, both 24-carat and 22-carat gold have decreased by ₹10 per 10 grams.
Latest Gold Rates in Jaipur
| Purity of Gold | Price |
|---|---|
| 24-carat Gold (10 grams) | ₹1,42,720 |
| 22-carat Gold (10 grams) | ₹1,30,840 |
| 18-carat Gold (10 grams) | ₹1,07,040 |
| 24-carat Gold (1 gram) | ₹14,272 |
| 22-carat Gold (1 gram) | ₹13,084 |
| 18-carat Gold (1 gram) | ₹10,704 |
Silver Prices Also Decline
Alongside gold, silver prices have also seen a reduction. The online rates in Jaipur indicate that silver is priced at approximately ₹2,37,900 per kilogram. This translates to ₹23,790 for 100 grams and around ₹2,379 for 10 grams. Compared to previous rates, silver has decreased by about ₹100 per kilogram.
Current Silver Rates in Jaipur
| Quantity of Silver | Price |
|---|---|
| 1 kilogram | ₹2,37,900 |
| 100 grams | ₹23,790 |
| 10 grams | ₹2,379 |
| 1 gram | Approximately ₹238 |
Futures Market Trends
In the futures market, specifically the Multi Commodity Exchange (MCX), gold for December delivery was trading at ₹1,42,890 per 10 grams, reflecting a decrease of ₹183 or about 0.13% from the previous close. Meanwhile, December silver futures dropped by ₹1,738, approximately 0.89%, settling at ₹1,94,055 per kilogram. These figures represent morning trading rates and may fluctuate throughout the day.
Factors Influencing Gold and Silver Prices
The prices of gold and silver are influenced by various factors, including international market trends, fluctuations in the dollar, interest rate expectations, inflation, and investor trading activities. Global economic and political conditions can also impact these prices, leading to periods of both increases and decreases in the market.
Considerations Before Purchasing Gold
When buying gold jewelry, it's essential to understand the difference between 22-carat and 24-carat gold. Typically, 22-carat gold is used for jewelry making, while 24-carat gold is purer. Before making a purchase, ensure to check for hallmarking, purity, weight, making charges, and GST. Similarly, when buying silver, verify its purity and review the final bill.
Conclusion
In summary, on October 27, both gold and silver prices in Jaipur have shown a slight decline. Additionally, the futures prices for both metals on the MCX were lower during morning trading. It's important to note that these rates vary across different markets, so direct comparisons should be avoided. Always check with your local jeweler for the most accurate pricing before making a purchase.
Note
The gold and silver prices mentioned are based on online rates available in Jaipur. Prices at local stores may differ, and the final cost of jewelry may include additional GST and making charges.