IBJA’s 30 October closing rate for 916-purity gold was ₹1,28,289 per 10 grams, compared with ₹1,30,306 the previous day. These are benchmark bullion rates, not a guaranteed jewellery-shop price. IBJA says its listed rates exclude 3% GST and making charges.
No fresh IBJA rate is available for Sunday, 1 November. The association says it does not publish rates on Saturdays, Sundays or central government holidays. Readers seeing a “today” gold quote should check its timestamp, purity and whether taxes or shop charges are included.
The World Gold Council reported on 20 October that seasonal demand in India was gathering pace after September’s price decline. That earlier market assessment does not establish what prices will do next.
Sources: India Bullion and Jewellers Association, https://www.ibjarates.com/index.aspx ; World Gold Council, https://www.gold.org/goldhub/gold-focus/2026/10/india-gold-market-update-seasonal-demand-shows-early-strength
Image disclosure: The featured image is an AI-generated conceptual illustration of gold bars and jewellery, not a photograph of a specific market or transaction.
