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Gold Prices Dip: Major Jewelers Adjust Rates
23 Oct
Summary
- Gold prices declined on October 23, 2026.
- Several major jewelers lowered 22-carat gold rates.
- Tanishq's 22k gold price remained unchanged.
Gold prices continued their downward trend on Friday, October 23, 2026. Several prominent jewelers, including Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers, adjusted their 22-carat gold rates lower than those observed on October 22, 2026.
However, Tanishq maintained its 22-carat gold price unchanged as of the reporting time. The India Bullion and Jewellers Association (IBJA) was yet to release its indicative prices for gold and silver jewelry for the day.
Rates for 22-carat gold jewellery across major brands like Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers were provided for several cities. Prices can differ among jewelers and cities due to local taxes and making charges, necessitating buyers to verify current rates.
As of October 22, 2026, IBJA's indicative rates showed gold at ₹14,269 per gram for 999 purity, ₹13,927 for 22 KT, ₹12,700 for 20 KT, ₹11,558 for 18 KT, and ₹9,204 for 14 KT.
