Gold Prices Increase on October 17, 2026, Across Major Cities
Gold rates see a rise today, with significant increases noted in various cities including Nagpur and Coimbatore.
Gold prices for 22-carat gold rose by ₹20 across major cities.
Nagpur's gold price for 1 gram of 22-carat gold is now ₹13,585.
The price of 24-carat gold in Nagpur has reached ₹14,264 for 1 gram.
On October 17, 2026, gold prices experienced an upward trend in several cities across India. The price for 1 gram of 22-carat gold is now ₹13,615, reflecting an increase of ₹20 from the previous day. Similarly, the price for 8 grams of 22-carat gold has risen by ₹160, bringing it to ₹1,08,920.
In Coimbatore, the rates for 22-carat gold are reported at ₹13,535 for 1 gram and ₹1,08,280 for 8 grams, both showing a rise of ₹20 and ₹160 respectively. The 24-carat gold prices in the city have also increased, with 1 gram now priced at ₹14,212 and 8 grams at ₹1,13,696. Nagpur follows suit with similar increases, where 1 gram of 22-carat gold is priced at ₹13,585, and 8 grams at ₹1,08,680.
The price adjustments are consistent across various cities, including Jaipur, Lucknow, and Chandigarh, where similar patterns of increase are observed. For instance, Jaipur's gold prices for 22-carat gold stand at ₹13,639 for 1 gram and ₹1,09,112 for 8 grams. The 24-carat gold in Jaipur is priced at ₹14,321 for 1 gram.
The rise in gold prices can have significant implications for consumers and investors alike, as gold is often viewed as a safe-haven asset. The increases may influence buying patterns, especially ahead of the festive season when gold purchases typically surge. This trend is likely to affect local jewelers and the overall market dynamics in the gold industry.
Looking ahead, market analysts will be closely monitoring gold prices in the coming days, especially as the festive season approaches. Investors are advised to stay updated on price trends and consider market conditions before making purchases.
