News · businesstoday.in

Gold, silver prices on October 20: Check latest rates in Delhi, Mumbai, Kolkata, other cities

Leading Indian jewellers kept gold prices mostly unchanged on October 20, 2026. Joyalukkas and Malabar Gold & Diamonds quoted 22K gold at ₹13,570 per gram across most states, while Tanishq listed ₹13,575; for 24K, Malabar quoted ₹14,804 per gram and Tanishq ₹14,809, with small differences due to store pricing, inventory costs and regional logistics. Prices follow international spot bullion, the USD/INR exchange rate and festival-season demand, with higher interest rates and Middle East tensions as headwinds for non-yielding gold. Retail purchases attract 3% GST on the metal and 5% GST on making charges, and 22K is preferred for ornaments because of its greater durability.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Gold , silver prices on October 20 : Check latest rates in Delhi , Mumbai , Kolkata , other cities

Read the original on businesstoday.in ↗

Keywords

goldIndiaexchange ratestaxes

Open a keyword to see other news on the same topic.

Related tickers and likely impact

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 10/19/20264,140.75
Change that session-0.60%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

    India's industry body ASSOCHAM welcomed recent Reserve Bank of India (RBI) and Finance Ministry measures to address rupee volatility and FPI flow swings, and called for further tax rationalisation and simpler rules to attract stable long-term foreign capital. It praised the Income-tax Amendment Ordinance, 2026, which exempts FPI investments in government securities from tax on interest and capital gains from April 1, 2026. ASSOCHAM also urged considering an SBI Research proposal to extend the long-term equity holding definition to two-three years, with incentives for such investments. It noted the rupee had recovered nearly 2% from recent lows, and blamed global factors such as high US bond yields, elevated crude prices and a shift of capital toward AI and technology for FPI volatility.

    arabherald.com·Indiaexchange ratescapital flows
  • ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

    ASSOCHAM has urged further tax rationalisation and simpler, standardised tax rules to attract stable, long-term foreign investment into India. It welcomed recent RBI and government measures to stabilise the rupee and the Income-tax Amendment Ordinance, 2026, which exempts FPI investment in government securities from tax on interest and capital gains from April 1, 2026. The body also backed the government's consultation on long-term capital gains tax and securities transaction tax ahead of the Union Budget 2027-28, and proposed extending the definition of long-term equity holdings to two-three years with incentives. ASSOCHAM cited the rupee's recovery of nearly 2 per cent from recent lows and a 7.1 per cent GDP growth projection for FY27, while noting that high US bond yields, elevated crude prices and a shift towards AI-related investments had driven volatility in FPI flows.

    middleeaststar.com·Indiataxescapital flows
  • ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

    ASSOCHAM called for further tax rationalisation and simpler tax rules to attract stable, long-term foreign investment, welcoming recent RBI and Finance Ministry steps to bolster investor confidence amid rupee volatility and FPI flow swings. It welcomed the Income-tax Amendment Ordinance, 2026, which exempts FPI investments in government securities from tax on interest and capital gains from April 1, 2026, and Finance Minister Nirmala Sitharaman's remarks that the government wants investor views on long-term capital gains tax and securities transaction tax ahead of the 2027-28 Union Budget. The group cited RBI measures that helped the rupee recover nearly 2% from recent lows, and suggested considering SBI Research's proposal to extend long-term equity holdings to two to three years with incentives. It said global factors such as high US bond yields, elevated crude prices and capital shifting toward AI had driven FPI volatility.

    jamaicantimes.com·Indiataxescapital flows
  • ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

    Industry body ASSOCHAM called for further tax rationalisation and simpler tax rules to attract stable, long-term foreign investment, welcoming recent RBI and Finance Ministry measures to bolster investor confidence amid rupee volatility and FPI flows. It welcomed the Income-tax Amendment Ordinance, 2026, which exempts FPI investments in government securities from tax on interest and capital gains from April 1, 2026. ASSOCHAM also backed considering SBI Research's proposal to extend long-term equity holding definitions to two-three years with incentives, and welcomed Finance Minister Nirmala Sitharaman's remarks that the government wants investor views on LTCG and STT ahead of the Union Budget 2027-28. The group said RBI measures helped the rupee recover nearly 2 per cent from recent lows, and pointed to foreign exchange reserves and the RBI's 7.1 per cent GDP growth projection for FY27 as signs of economic strength.

    britainnews.net·taxescapital flowsIndia
  • Gold, silver prices on October 18: Check latest rates in Delhi, Mumbai, Kolkata, other cities

    Higher interest rates continue to weigh on gold, which pays no yield, while markets watch global economic risks and rising geopolitical tensions in the Middle East. Gold prices in India follow international spot bullion, USD/INR currency moves and retail demand ahead of the festival season. Leading jewellers kept prices mostly unchanged on October 18, 2026: Joyalukkas and Malabar Gold & Diamonds quoted 22K gold at ₹13,535 per gram in most states, while Tanishq listed ₹13,575. For 24K gold, Malabar quoted ₹14,765 per gram and Tanishq ₹14,809 (estimated). Small price gaps between brands reflect store-level pricing, inventory costs and regional logistics.

    businesstoday.in·goldIndiainterest rates
  • RBI steps up scrutiny of large overseas investments as rupee slidesbusiness-standard.com·RBIIndiaexchange rates

Related markets

Gold →

Latest news

  • NATIONAL DEBT SURGES : U . S . Debt Tops $40 Trillion As Borrowing Costs Continue Rising

    The US national debt has passed $40 trillion, a milestone reached in August that now exceeds the size of the country's annual economic output. Persistently large federal deficits and rising borrowing costs are adding pressure on government finances ahead of the November 3 congressional elections. The Trump administration argues stronger growth can help, but analysts say the government has not yet taken substantial steps to reduce deficits or contain long-term borrowing costs. Analysts also note that rising interest rates partly reflect broader global bond market movements rather than a specific loss of confidence in US government debt.

    theyeshivaworld.com·▲ XAU/USD• DXY▼ SPYpublic debtbondsbudget
  • US midterms : Iran war and cost of living put Trump foreign policy under pressure

    Foreign policy is playing an outsized role in the November 3 midterms, largely because of President Trump's war against Iran and its effect on living costs. Since the war began on February 28, petrol prices have risen nearly 50 per cent and diesel about two-thirds. Recent polling gives Democrats more than an 85 per cent chance of winning the House, while winning the Senate would require four seats, including at least two in states Trump carried by double digits in 2024. A Chicago Council survey found 86 per cent of Americans think the war hurt the cost of living, and 68 per cent say it was not worth fighting. Trump's approval hit a record low of 31 per cent in a Reuters/Ipsos poll, and 65 per cent of adults in an AP-NORC survey say higher prices are the result of his policies.

    thenationalnews.com·▲ XAU/USD▼ SPYmidterm electionsIrancost of living
  • Too Broken For Frontier : Indonesian Markets Suffer Worst Rout Since 1998 As MSCI Threatens The "Argentina Treatment"

    MSCI warned that Indonesia may face a two-step downgrade, moving straight from Emerging Market to 'Standalone' status and skipping Frontier, which deepened the selloff in Jakarta. The Jakarta Composite Index fell 11.6% on Friday, its biggest one-day drop since January 1998, then closed down a further 3.6% on Monday. Since its January 20 peak, the index has lost about 45%, and according to Reuters, about $350 billion in market value has been wiped out since January. MSCI cited opaque shareholding structures, suspected coordinated trading and weak enforcement; Jakarta raised the minimum free float to 15% from 7.5%, but MSCI concluded the problems were too deep for Frontier status. MSCI will announce its decision by June 30, 2027, while OJK has fined entities 2.1 trillion rupiah ($116 million) linked to manipulation in three stocks.

    zerohedge.com·▼ VNINDEXIndonesiaMSCIemerging markets
  • Gold Price Before Dhanteras 2026 : Should You Buy Now Or Wait Until Diwali ? Check City Wise Gold Rates Todaynewsx.com·goldIndiacommodities
  • Asian currencies firm as dollar retreats; yuan hits four-year high

    Most Asian currencies firmed on Tuesday as the US dollar weakened, with China's yuan reaching 6.6775 per dollar, its strongest level since July 2022, after a firm daily fixing by the People's Bank of China and third-quarter growth of 4.5%. The PBOC kept its one-year loan prime rate at 3.00% and five-year rate at 3.50%, while the dollar index fell 0.2% to 101.78. The Indonesian rupiah stayed near 18,000 per dollar after MSCI proposed consulting on reclassifying Indonesia from emerging to standalone market status, triggering a selloff that saw the Jakarta Composite Index plunge nearly 12% on Friday and roughly 15% over two sessions. The index rebounded about 3% on Tuesday after authorities introduced measures to contain volatility, but the two-day rout erased about $82 billion in market value and the rupiah has lost around 8% against the dollar this year.

    Yahoo Finance·▼ DXY▼ USD/JPY▲ XAU/USDexchange ratesyuanUS dollar
  • In 6 days, technology groups and investment funds from the US, South Korea and Canada will come to Ho Chi Minh City for a special event

    The Open Innovation Day 2026 (OID 2026), themed “Building Next-Generation Industrial Cities”, will take place on 26 October 2026 in Ho Chi Minh City, organised by the Open Innovation Centre (SoiHub). About 50 investment promotion delegations from the US and South Korea are expected, along with 15 discussion and networking sessions. The programme focuses on four areas, including AI infrastructure and data centres, the workforce in the AI era, and green energy infrastructure, with more than 20 speakers. Previous editions attracted over 3,000 participants and connected more than 200 organisations.

    CafeF·Vietnamartificial intelligencedata centers

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.