Gold Prices Drop on October 14: Key Rates in Major Cities
Gold rates have seen a decline across various cities in India today, with significant drops in both 22-carat and 24-carat gold prices.
22-carat gold is priced at ₹13,670 per gram nationwide, down ₹95.
Nagpur reports 22-carat gold at ₹13,640 and 24-carat at ₹14,322.
Prices in cities like Coimbatore, Jaipur, and Lucknow also reflect a downward trend.
On October 14, 2026, gold prices experienced a notable decline across several cities in India. The national average for 22-carat gold is now ₹13,670 per gram, which is a decrease of ₹95 from the previous day, while 24-carat gold is priced at ₹14,850 per gram, down by ₹100.
In Coimbatore, the prices for 22-carat gold stand at ₹13,590 per gram, reflecting a similar drop of ₹95. The 24-carat variant is priced at ₹14,270 per gram, down ₹99. In Nagpur, 22-carat gold is available for ₹13,640 per gram, with 24-carat gold at ₹14,322, both showing a decrease of ₹95 and ₹100 respectively.
Other cities are also witnessing a downward trend in gold prices. For instance, in Jaipur, 22-carat gold is priced at ₹13,694 per gram, while 24-carat gold is at ₹14,379, both down by ₹95 and ₹99. Lucknow's rates are similar, with 22-carat gold at ₹13,690 and 24-carat at ₹14,375, each reflecting a drop of ₹95 and ₹99.
The decline in gold prices is significant for consumers and investors alike, as it may influence buying decisions in the festive season. The current rates are expected to impact the jewelry market, especially in regions where gold is a traditional gift during festivals.
Looking ahead, market analysts suggest that gold prices may continue to fluctuate based on global trends and local demand. Consumers are advised to keep an eye on market updates as the festive season approaches, which typically sees increased gold purchases.
