Gold Rate Today: 24K Gold at ₹1,41,082 per 10g on 27 October 2026, Down ₹208

Key Takeaways

• IBJA 999 gold was quoted at ₹1,41,082 per 10 grams in the 27 October AM fixing, down ₹208 or 0.15% from the previous trading day's AM benchmark.
• IBJA 916 gold, commonly associated with 22K purity, stood at ₹1,29,231 per 10 grams, compared with ₹1,29,422 previously.
• Silver 999 was quoted at ₹1,92,037 per kg, down ₹3,013 or 1.54% from the 26 October AM rate.
• IBJA benchmark rates exclude 3% GST and making charges.

Gold Rate Today

India's benchmark 999-purity gold rate stood at ₹1,41,082 per 10 grams in the IBJA AM fixing on 27 October 2026. That compared with ₹1,41,290 per 10 grams in the previous trading day's AM fixing, representing a decline of ₹208, or approximately 0.15%.

Silver recorded a larger percentage movement. The IBJA AM silver 999 rate fell from ₹1,95,050 per kg to ₹1,92,037 per kg, a decline of ₹3,013 or about 1.54%.

Gold Rates on 27 October 2026

IBJA publishes gold rates per 10 grams and silver rates per kilogram. The quoted rates exclude GST and making charges.

How Much Did Gold Fall Today?

The 999-purity AM benchmark declined by ₹208 per 10 grams from the 26 October AM rate.

The percentage movement was relatively uniform across the listed gold purities. Gold 995 declined by ₹207, 916 purity by ₹191, 750 purity by ₹156 and 585 purity by ₹122.

Silver showed a sharper move, declining by ₹3,013 per kg, or 1.54%.

Comparing AM with AM provides a like-for-like measure and avoids mixing the morning benchmark with the previous day's PM rate.

What Is Driving Gold Prices?

Domestic gold pricing reflects several interacting variables, including international bullion prices, movements in the US dollar, US Treasury yields, monetary-policy expectations and the rupee's exchange rate against the dollar.

Geopolitical developments can also affect international demand for bullion as a store of value.

However, the 0.15% decline in the 27 October IBJA AM 999 benchmark should not automatically be attributed to any single factor unless that relationship can be independently established.

What Can Lower Gold Prices Mean for Indian Markets?

Jewellery Companies

Changes in gold prices affect the value of jewellery inventory and the amount of working capital required to hold a given quantity of bullion. Companies may also use hedging arrangements and adjust retail prices as raw-material costs change.

Consumer Demand

At the benchmark level, a ₹208 decline in the price of 10 grams of 999 gold reduces the pre-tax bullion cost of a fixed 10-gram quantity by the same amount. Actual jewellery bills also incorporate purity, GST, making charges and other applicable costs.

Gold Imports

If international and domestic gold prices decline while import volumes and exchange rates remain unchanged, the value of gold imports for a given physical quantity can decrease. The eventual impact on India's import bill depends on both prices and volumes.

Gold-Loan Businesses

Gold prices affect the assessed value of jewellery pledged as collateral. Changes in collateral value can alter the rupee value of loans permissible under applicable loan-to-value rules.

Broader Markets

Gold is monitored alongside currencies, bond yields, inflation expectations and other commodities because these markets can reflect changes in interest rates, risk perceptions and global capital flows. A daily move in gold alone does not determine the direction of Indian equities.