Gold Prices Hold Steady Amid Global Volatility
Gold prices in India remained high on October 2, 2026, due to global market volatility and investor attention. The precious metal continued to attract buyers despite recent fluctuations. Domestic gold rates are sensitive to international bullion prices, US dollar movements, interest rate expectations, and geopolitical developments.
The latest available rates show that 24-carat gold is priced at around INR 1,49,246 per 10 grams in India, while 22-carat gold is priced at around INR 1,37,495 per 10 grams. City-wise rates vary across Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad.
International gold prices were under pressure on Friday due to a stronger US dollar and higher Treasury yields, which weighed on demand for the non-yielding asset. Investors were also watching US employment data for clues about the Federal Reserve's interest rate outlook.