Gold rate today, October 17: 24K at ₹14,743/g (₹1,47,430/10g), 22K at ₹13,514/g, silver ₹2,29,900/kg. Dhanteras is 20 days away — what today’s dip means.
Updated: October 17, 2026, 10:50 AM IST
Quick Read
- 24K gold is ₹14,743 per gram (₹1,47,430 per 10 grams) this morning — down ₹1 per gram from yesterday, per Mathrubhumi Money’s October 17 update.
- 22K is ₹13,514/g (₹1,35,140/10g) and 18K is ₹11,057/g (₹1,10,570/10g). Delhi runs slightly higher at ₹14,758/g for 24K.
- Silver is steady at ₹2,29,900 per kg in most cities (₹2,39,900 in Chennai and Kerala). Dhanteras falls on Friday, November 6 — exactly 20 days away.
Saturday’s gold rate today, October 17, brings a small relief for buyers: prices have edged down ₹1 per gram across 24K, 22K and 18K gold versus Friday, according to Mathrubhumi Money’s city-wise update published at 9:39 AM IST. With equity markets closed for the weekend, gold is the only live price signal in town — and it arrives with the Dhanteras countdown now at 20 days.
Gold rate today October 17: the numbers
All-India indicative rates this morning, per Mathrubhumi Money:
| Purity | Per gram | Per 10 grams |
|---|---|---|
| 24K (99.9%) | ₹14,743 | ₹1,47,430 |
| 22K (91.6%) | ₹13,514 | ₹1,35,140 |
| 18K (75%) | ₹11,057 | ₹1,10,570 |
City check: Delhi pays a small premium — 24K at ₹14,758/g, 22K at ₹13,529/g. Mumbai, Kolkata, Bengaluru, Hyderabad and Thiruvananthapuram all match the all-India figure. Silver is ₹2,29,900/kg across most cities, with Chennai and Kerala higher at ₹2,39,900/kg.
These are indicative retail-metal rates. Your jeweller’s invoice adds making charges and 3% GST on top — which is why the number on the board is never the number you pay.
Also read: Dhanteras 2026 gold buying guide
20 days to Dhanteras: what this dip actually means
Dhanteras — Friday, November 6 — is the day India buys gold. Twenty days out, the price sits roughly ₹4,400 below its September 23 high of ₹1,51,876 per 10 grams, per All India Bullion’s 30-day trend data. The recent low was ₹1,48,134 on October 15. So today’s ₹1,47,430 is the softest print of the month so far.
Zoom out a year and the picture flips: the same 10 grams cost about ₹1,33,866 last October, which puts gold up roughly 11% year-on-year. The dip is real, but so is the longer climb.
Check the Dhanteras puja muhurat timings for your city in our buying guide.
Also read: Gold tax, ETF, SGB and digital gold explained
What ₹1,47,430 really costs you at the counter
Here’s the bit rate tables skip. A live rate calculator on goldtracker.in shows what happens on a typical 10-gram 24K purchase at today’s metal rate: making charges of around 12% add roughly ₹17,700, then 3% GST applies on the metal-plus-making total — about ₹4,950 more. The walk-out figure lands near ₹1.70 lakh, not ₹1.47 lakh.
Two things follow. First, making charges vary by jeweller and design — simple coins and bars carry far lower making charges than intricate jewellery, so the “cheapest gold” on Dhanteras is usually the plainest. Second, the 3% GST is fixed; no jeweller can waive it, whatever the banner says. None of this is advice to buy or wait — it’s just the arithmetic behind the board price.
For making-charge traps, BIS hallmark checks and expert buying tips, see our Dhanteras 2026 gold buying guide.
Week in review
With markets shut today and tomorrow, this week’s money story is gold’s alone: a steady slide from mid-September’s highs into today’s monthly low, a ₹1-per-gram nudge down this morning, and silver holding firm above ₹2.29 lakh a kilo. The next full trading session — and the next fresh rate print — comes Monday morning. Until then, the Dhanteras countdown keeps ticking: 20 days.
Also read: 74,315: Sensex flat at record, gold at ₹1,47,540
FAQs
What is the gold rate today, October 17?
24K gold is ₹14,743 per gram (₹1,47,430 per 10 grams), 22K is ₹13,514/g and 18K is ₹11,057/g, per Mathrubhumi Money’s morning update. Silver is ₹2,29,900 per kg in most cities.
Why is gold slightly costlier in Delhi?
City rates differ by local premiums, transport and state-level levies — Delhi’s 24K quote this morning is ₹14,758/g versus ₹14,743/g in Mumbai and Kolkata. The gap is small but consistent.
Is this a good time to buy before Dhanteras?
We don’t give buy-or-sell advice. What the numbers show: today’s ₹1,47,430/10g is the month’s low so far and about ₹4,400 below the September 23 high — but roughly 11% above last October. Many buyers stagger purchases instead of betting on one day.
