Gold and Silver Prices Slip Ahead of Dhanteras in Kolkata

Price Changes

The selling price of 22‑carat gold in Kolkata fell from 13,525 rupees to 13,350 rupees per gram on 23 October 2026, a drop of 175 rupees in a single day. For ten grams, the cost went down from 135,250 rupees to 133,500 rupees. Pure 24‑carat gold (995 purity) fell from 14,236 to 14,054 rupees per gram, a decline of 182 rupees per gram, or 1,820 rupees for ten grams. The 18‑carat gold used for setting stones slipped from 11,105 to 10,960 rupees per gram, a fall of 145 rupees. Silver (999 purity) dropped from 2,03,513 to 1,96,165 rupees per kilogram, a reduction of 7,348 rupees. The sudden fall is expected to bring smiles to shoppers who plan to buy before the festival rush.

Buying Tips

The purchase price for 22‑carat gold on 23 October was listed at 12,789 rupees per gram, compared with 12,954 rupees on the previous day. All listed prices exclude the mandatory 3 % GST and any making charges, which will raise the final amount paid. Buyers are advised to check the hallmark, purity and labor cost before finalising a purchase.

Context

Lakshmi Puja and Dhanteras mark the start of the Indian festive buying season, when many families buy gold, silver or new utensils for good luck. The Swarna Shilpa Bachao Committee (SSBC) releases the daily price list that traders use during this period.