Gold prices fall about 5% in a month; 24-carat at Rs 1,46,270 per 10 grams
The 24-carat rate fell from Rs 1,53,780 on September 21 to Rs 1,46,270 on October 21, a drop of 5.13%, ahead of Diwali and the wedding season.
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Gold prices have risen sharply over the past few years, leaving buyers disappointed. The picture has now changed somewhat. Prices are falling, and the decline is not limited to the last few days. Over the past month, gold has fallen by about 5 per cent.
On September 21, 2026, 24-carat gold was priced at Rs 1,53,780 per 10 grams. On October 21, it dropped to Rs 1,46,270 per 10 grams. This is a fall of 5.13 per cent in a month, which means today's rate is lower than a month ago.
According to MCX, 24-carat gold today, October 21, is Rs 1,46,270 per 10 grams, while 22-carat gold is Rs 1,34,081 per 10 grams. Gold has fallen sharply compared with last month, and this is being seen as good news for Indian consumers.
The wedding season is generally the most expensive period for buying gold. Diwali is also near. Both occasions are important for gold purchases in India. It is natural for those planning to buy gold for this wedding season to wonder whether this is the right time.
With gold prices down by up to 5 per cent last month, it is being said that this is the right time for consumers to buy. Those who wish to buy gold for weddings or as an investment can now do so.
Diwali is coming just before the wedding season, and Dhanteras is celebrated two days earlier. Buying gold on Dhanteras is considered auspicious, so people buy it in large quantities. Prices may also rise during this period, so it is being said that this is the best time for consumers to buy gold.
In short, the price of 24-carat gold has come down from Rs 1,53,780 to Rs 1,46,270 per 10 grams in a month. Buyers had been disappointed by prices that rose over the past few years, so the fall is being seen as good news for Indian consumers. The wedding season and Diwali are both now close.
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