Gold Prices Surge on October 19: Key Rates in Major Cities
Gold rates have increased across various cities in India, reflecting a notable rise in market demand.
22-carat gold is priced at ₹13,650 per gram nationwide, up by ₹35.
Nagpur sees 22-carat gold at ₹13,620 per gram, with similar increases across other cities.
The rise in gold prices is attributed to heightened market activity and demand.
On October 19, 2026, gold prices experienced a significant rise across many cities in India, marking an upward trend compared to the previous day. The price for 1 gram of 22-carat gold is now set at ₹13,650, reflecting an increase of ₹35, while 8 grams of the same quality gold is priced at ₹1,09,200, up by ₹280.
In Coimbatore, the rates for 22-carat gold are reported at ₹13,570 per gram, also up by ₹35, and ₹1,08,560 for 8 grams. Meanwhile, in Nagpur, the prices are slightly higher at ₹13,620 for 1 gram and ₹1,08,960 for 8 grams. The increase in prices is consistent across other major cities, including Visakhapatnam, Surat, and Jaipur, where similar increments have been noted.
For 24-carat gold, the prices have also seen a rise. In Nagpur, the price is ₹14,301 for 1 gram and ₹1,14,408 for 8 grams, both reflecting an increase of ₹37 and ₹296 respectively. Other cities like Coimbatore and Surat report similar trends, with prices for 24-carat gold reaching ₹14,249 and ₹14,358 per gram.
The current surge in gold prices can be attributed to increased market activity and demand, particularly as consumers prepare for upcoming festivals and weddings. This trend is not only affecting local markets but also influencing national gold pricing strategies.
Looking ahead, market analysts suggest that the prices may continue to fluctuate based on global economic conditions and local demand. Consumers are advised to keep an eye on market trends as the festive season approaches, which typically sees a spike in gold purchases.
