Gold Prices Today: Why Are Gold Rates Fluctuating? 2 Key Reasons Behind Market Volatility, Check City-Wise 22K, 24K Rate Comparison

Gold prices are fluctuating amid global market uncertainty and changing domestic demand. Discover two key reasons behind gold price volatility, check MCX gold futures trends, and compare today's 22K and 24K gold rates across major Indian cities.

Oct 14, 2026, 08:59 IST

Gold Prices Today, 14 October: India is experiencing peak all-round pressure on gold, and we can see it in gold price fluctuations. However, from an analytical point of view, the consumer has become more choosy and wise. While on the global front, gold prices are experiencing volatile fluctuations, domestically, there is major demand.

The falling gold prices on the global end have given domestic consumers a small gap-up window to buy amid this correction. As the world awaits US inflation data, gold prices are expected to get some support after its release.

Domestic gold prices have seen a small surge, which basically depends on demand.

This gold price surge is not just because of the demand for general 22K or 24K gold.

Domestic demand is also a result of how consumers have become smarter, and they are looking for more options in jewellery. This includes 14K, 18K and diamonds as well.

Also Read: Gold Price vs US Inflation Data: Why Did Gold Rise After Cooler PCE Inflation Reading? Know the Impact On Indian Gold Market 

Gold Price On MCX Today 

Gold prices on MCX declined on October 14, 2026, with December futures falling 0.85% to ₹1,48,274 per 10 grams. Here is a quick look at today's trading details.

MCX Gold Price Today, October 14, 2026

Particulars
Price
Gold Futures Contract
December 4 delivery
Last Traded Price (LTP)
₹1,48,274 per 10 grams
Open Price
₹1,49,653
Intraday High
₹1,49,990
Intraday Low
₹1,48,274
Previous Close
₹1,49,543
Price Change
-₹1,269
Percentage Change
-0.85%

Gold Price Today Major Cities Across India 

City / State
22K Gold (per 10g)
24K Gold (per 10g)
Delhi
₹1,36,990
₹1,49,430
Mumbai
₹1,36,800
₹1,49,240
Ahmedabad
₹1,36,850
₹1,49,290
Lucknow
₹1,36,950
₹1,49,390
Pune
₹1,36,800
₹1,49,240
Hyderabad
₹1,36,800
₹1,49,240
Chennai
₹1,36,800
₹1,49,240
Kerala
₹1,36,800
₹1,49,240
Bengaluru
₹1,36,800
₹1,49,240
Bhopal
₹1,36,850
₹1,49,290
Jammu & Kashmir
₹1,36,950
₹1,49,390
Kolkata
₹1,36,800
₹1,49,240
Jaipur
₹1,36,950
₹1,49,390
Chandigarh
₹1,36,950
₹1,49,390
Patna
₹1,36,850
₹1,49,290
Note: Rates are indicative and may vary by jeweller and location. GST and making charges are additional.

Key Global Reason Behind The Gold Price Fluctuation 

Gold prices remained mostly steady during early Asian trading on Wednesday as investors waited for US inflation data. Spot gold stood at $4,161.05 per ounce, while US gold futures rose 0.2% to $4,185. The upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) reports could influence the Federal Reserve’s next interest rate decision. 

In simple words, if inflation stays high, interest rates may remain elevated, putting pressure on gold. Softer inflation could ease rate-hike concerns and give gold prices some support.

The Global Affects are also vissible in the Indian Gold market. Although, the domestic market is also under the dimestic demand surge pressure.
Aishwarya Samant

Senior Executive - Editorial

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