Gold and silver price today, Oct 5: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
The yellow metal’s price in India gained or lose nearly 0.62% in the domestic futures market during early trading hours on Monday, October 5, tracking movements in the US dollar and geopolitical developments.
MCX Gold 5 November futures stood at ₹148,129 per 10 grams, while MCX Silver 4 December contracts were up 0.23% at ₹226,393 per kg at around 9:05 am today. The two precious metals moved in different directions.
US-Iran war remains a key factor for uncertainty in bullion markets. US President Donald Trump said last week that Washington faced a choice between further military action against Iran and reaching a deal with Tehran.
Any escalation in their conflict could push investors towards gold as a safe-haven asset. However, easing concerns over oil supplies have helped reduce the geopolitical risk premium in bullion in last few sessions.
Changes in retail gold and silver prices today
In the retail market, gold is sold in 24-karat and 22-karat purity. While 24-karat gold is considered the purest form, 22-karat gold is more commonly used for making jewellery because it’s more durable in nature.
On Monday, 24-carat gold was priced at ₹149,540/10 grams, and 22-carat gold was priced at ₹137,078/10 grams. Silver prices today are at ₹226,770/kg (Silver 999 Fine), according to Indian Bullion Association’s (IBA) data.
Customers must note that jewellers may add making charges, taxes, and GST to the bill, which could hike the final price of the item. Here’s a look at the latest gold prices across major Indian cities on October 5:
Gold Prices in Mumbai — October 5
24 karat gold rate in Mumbai — ₹149,270/10 gm
22 karat gold rate in Mumbai — ₹136,831/10 gm
Silver 999 Fine rate in Mumbai — ₹226,360/1 kg
Gold Prices in New Delhi — October 5
24 karat gold rate in New Delhi — ₹149,010/10 gm
22 karat gold rate in New Delhi — ₹136,593/10 gm
Silver 999 Fine rate in New Delhi — ₹225,970/1 kg
Gold Prices in Bengaluru — October 5
24 karat gold rate in Bengaluru — ₹149,380/10 gm
22 karat gold rate in Bengaluru — ₹136,932/10 gm
Silver 999 Fine rate in Bengaluru — ₹226,540/1 kg
Gold Prices in Kolkata — October 5
24 karat gold rate in Kolkata — ₹149,070/10 gm
22 karat gold rate in Kolkata — ₹136,648/10 gm
Silver 999 Fine rate in Kolkata — ₹226,060/1 kg
Gold Prices in Hyderabad — October 5
24 karat gold rate in Hyderabad — ₹149,500/10 gm
22 karat gold rate in Hyderabad — ₹137,042/10 gm
Silver 999 Fine rate in Hyderabad — ₹226,720/1 kg
Gold Prices in Chennai — October 5
24 karat gold rate in Chennai — ₹149,700/10 gm
22 karat gold rate in Chennai — ₹137,225/10 gm
Silver 999 Fine rate in Chennai — ₹227,020/1 kg
How much returns has gold, silver given so far
Gold prices last year experienced their strongest bull run since 1979, rising by over 75% till date. In recent months, gold prices have risen modestly amid safe-haven demand and global economic uncertainty.
Meanwhile, silver prices have risen even more sharply, driven by strong demand and currency fluctuations. Prices climbed from roughly ₹78,600 per kg in 2023-2024 to over ₹240,000 per kg in October 2026.
However, moving ahead, silver could remain relatively more volatile than gold because of its dual role as both a precious and industrial metal.
