{"id":333902,"date":"2026-10-30T17:59:45","date_gmt":"2026-10-30T12:29:45","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=333902"},"modified":"2026-10-30T17:59:45","modified_gmt":"2026-10-30T12:29:45","slug":"gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/","title":{"rendered":"Gold Price Today, 30 October 2026: MCX Gold Falls 1.25% to Rs 1,40,808 Per 10 Grams and Spot Gold Slips Below $4,000, a 3.5-Month Low, as December Fed Hike Bets Build Ahead of Dhanteras"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>MCX gold Rs 1,40,808 per 10 g (30 Oct, 5:56 PM), down 1.25%. Spot gold about $3,980, lowest since 17 July. October down 4.3%. Silver down 3.72%. Dhanteras 6 Nov.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Gold price today on the MCX is Rs 1,40,808 per 10 grams for the December contract, down Rs 1,788 or 1.25% from yesterday&#8217;s close of Rs 1,42,596, after touching a low of Rs 1,40,768. Spot gold slipped below $4,000 per ounce to about $3,980, its lowest since 17 July, and is down 4.3% in October, its second straight monthly loss. The fall is driven by stronger-than-expected US GDP and PCE inflation, Brent crude above $116 and a roughly 75% market probability of a Fed rate hike in December. Silver fell more than gold, down 3.72% to Rs 1,82,400 per kg, and Dhanteras falls on Friday, 6 November.<\/p>\n<\/p><\/div>\n<p>The <strong>gold price today<\/strong> is lower for the second straight month, with MCX gold leading the fall, and the timing is awkward for festive buyers: <strong>MCX gold<\/strong> for December delivery fell 1.25% to Rs 1,40,808 per 10 grams on 30 October 2026, slipping below the Rs 1.41 lakh mark just a week before <strong>Dhanteras<\/strong>. Internationally, <strong>spot gold<\/strong> dropped below $4,000 per ounce and touched its lowest level since 17 July, as strong US data and rising <strong>crude oil<\/strong> prices strengthened bets on a December <strong>Fed rate hike<\/strong>.<\/p>\n<p>This article explains the <strong>gold price today<\/strong> in India and abroad, where MCX gold is leading the move, what is behind the sell-off, why silver fell even faster, what retail 24K and 22K rates look like, how the fall affects Dhanteras buying, and which levels traders and buyers are watching. All futures data is from the MCX session on 30 October 2026 as of 5:56 PM IST, and global figures are from Reuters and CNBC reports.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Gold_Price_Today_Key_Data_on_30_October_2026\" title=\"Gold Price Today: Key Data on 30 October 2026\">Gold Price Today: Key Data on 30 October 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Why_Is_Gold_Price_Falling_Today_Gold_Price_Today_Explained\" title=\"Why Is Gold Price Falling Today? Gold Price Today Explained\">Why Is Gold Price Falling Today? Gold Price Today Explained<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#1_Strong_US_Growth_and_PCE_Inflation_Data\" title=\"1. Strong US Growth and PCE Inflation Data\">1. Strong US Growth and PCE Inflation Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#2_December_Fed_Rate_Hike_Odds_Are_Rising\" title=\"2. December Fed Rate Hike Odds Are Rising\">2. December Fed Rate Hike Odds Are Rising<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#3_Crude_Oil_Has_Become_the_Inflation_Trade\" title=\"3. Crude Oil Has Become the Inflation Trade\">3. Crude Oil Has Become the Inflation Trade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#4_Technical_Support_Around_4000_Has_Broken\" title=\"4. Technical Support Around $4,000 Has Broken\">4. Technical Support Around $4,000 Has Broken<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Why_Did_Silver_Fall_More_Than_Gold_Today\" title=\"Why Did Silver Fall More Than Gold Today?\">Why Did Silver Fall More Than Gold Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Gold_Rate_Today_in_India_24K_and_22K_Retail_Prices_Before_Dhanteras\" title=\"Gold Rate Today in India: 24K and 22K Retail Prices Before Dhanteras\">Gold Rate Today in India: 24K and 22K Retail Prices Before Dhanteras<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Dhanteras_2026_Will_the_Lower_Gold_Price_Boost_Festive_Buying\" title=\"Dhanteras 2026: Will the Lower Gold Price Boost Festive Buying?\">Dhanteras 2026: Will the Lower Gold Price Boost Festive Buying?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Gold_Price_Today_Outlook_MCX_Gold_Levels_and_Analyst_Views\" title=\"Gold Price Today Outlook: MCX Gold Levels and Analyst Views\">Gold Price Today Outlook: MCX Gold Levels and Analyst Views<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Should_You_Buy_Gold_Now_or_Wait_for_a_Lower_Price_Before_Dhanteras\" title=\"Should You Buy Gold Now or Wait for a Lower Price Before Dhanteras?\">Should You Buy Gold Now or Wait for a Lower Price Before Dhanteras?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Frequently_Asked_Questions_on_Gold_Price_Today\" title=\"Frequently Asked Questions on Gold Price Today\">Frequently Asked Questions on Gold Price Today<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#What_is_the_gold_price_today_in_India_30_October_2026\" title=\"What is the gold price today in India, 30 October 2026?\">What is the gold price today in India, 30 October 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Why_is_gold_price_falling_today\" title=\"Why is gold price falling today?\">Why is gold price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Will_gold_price_fall_further_before_Dhanteras\" title=\"Will gold price fall further before Dhanteras?\">Will gold price fall further before Dhanteras?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#When_is_Dhanteras_2026_and_when_should_I_buy_gold\" title=\"When is Dhanteras 2026 and when should I buy gold?\">When is Dhanteras 2026 and when should I buy gold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Why_did_silver_fall_more_than_gold_today\" title=\"Why did silver fall more than gold today?\">Why did silver fall more than gold today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#How_does_a_Fed_rate_hike_affect_gold_prices\" title=\"How does a Fed rate hike affect gold prices?\">How does a Fed rate hike affect gold prices?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#What_is_the_difference_between_MCX_gold_and_retail_gold_rates\" title=\"What is the difference between MCX gold and retail gold rates?\">What is the difference between MCX gold and retail gold rates?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/gold-price-today-mcx-gold-falls-below-1-41-lakh-ahead-of-dhanteras-30-october-2026\/#Is_it_a_good_time_to_buy_gold_for_Dhanteras\" title=\"Is it a good time to buy gold for Dhanteras?\">Is it a good time to buy gold for Dhanteras?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Gold_Price_Today_Key_Data_on_30_October_2026\"><\/span><strong>Gold Price Today: Key Data on 30 October 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>gold price today<\/strong> on the MCX, where MCX gold opened at Rs 1,42,225, touched a high of Rs 1,42,574 and fell to a low of Rs 1,40,768 and was trading at Rs 1,40,808 at 5:56 PM IST, down Rs 1,788 from the previous close of Rs 1,42,596. Earlier in the day the fall in MCX gold had looked smaller, with reports quoting Rs 1,41,900 to Rs 1,42,000, so the <strong>gold price today<\/strong> deepened its fall through the afternoon as global gold broke below $4,000.<\/p>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Value (30 October 2026)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>MCX gold, December futures (5:56 PM IST)<\/td>\n<td>Rs 1,40,808 per 10 grams (down 1.25%)<\/td>\n<\/tr>\n<tr>\n<td>Previous close<\/td>\n<td>Rs 1,42,596 per 10 grams<\/td>\n<\/tr>\n<tr>\n<td>Day&#x27;s range<\/td>\n<td>Rs 1,40,768 to Rs 1,42,574<\/td>\n<\/tr>\n<tr>\n<td>MCX silver, December futures<\/td>\n<td>Rs 1,82,400 per kg (down 3.72%)<\/td>\n<\/tr>\n<tr>\n<td>Spot gold (global)<\/td>\n<td>About $3,980 per ounce (down about 1%), lowest since 17 July<\/td>\n<\/tr>\n<tr>\n<td>US gold futures, December<\/td>\n<td>About $3,991 per ounce<\/td>\n<\/tr>\n<tr>\n<td>Spot gold in October<\/td>\n<td>Down 4.3%, second straight monthly decline<\/td>\n<\/tr>\n<tr>\n<td>Retail 24K gold, indicative<\/td>\n<td>About Rs 1,42,260 to Rs 1,43,668 per 10 grams, depending on the source<\/td>\n<\/tr>\n<tr>\n<td>Retail 22K gold, indicative<\/td>\n<td>About Rs 1,30,158 to Rs 1,31,600 per 10 grams<\/td>\n<\/tr>\n<tr>\n<td>Dhanteras 2026<\/td>\n<td>Friday, 6 November<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: MCX data at 5:56 PM IST on 30 October 2026, Reuters, All India Bullion, Goodreturns and IBTimes India. Retail rates vary by city, jeweller, GST and making charges, so use them as a guide and not as an exact Dhanteras price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Gold_Price_Falling_Today_Gold_Price_Today_Explained\"><\/span><strong>Why Is Gold Price Falling Today? Gold Price Today Explained<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>gold price today<\/strong> is falling because the US economy is running hotter than expected, which makes another Federal Reserve interest rate hike in December more likely, and higher rates make non-yielding gold less attractive. A UBS analyst, Giovanni Staunovo, summed it up for Reuters: stronger-than-expected US GDP and rising oil prices are putting pressure on the Fed to raise rates further.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Strong_US_Growth_and_PCE_Inflation_Data\"><\/span><strong>1. Strong US Growth and PCE Inflation Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>US gross domestic product grew more than expected last quarter, and <strong>PCE inflation<\/strong>, the Fed&#8217;s preferred gauge, rose 0.5% in September against 0.3% in August, according to data released on 29 October. Consumers paid more for gasoline and other goods, which gave economists more reason to expect a rate increase in December. For the <strong>gold price today<\/strong> and MCX gold, that data was the immediate trigger.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_December_Fed_Rate_Hike_Odds_Are_Rising\"><\/span><strong>2. December Fed Rate Hike Odds Are Rising<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Fed held its benchmark rate unchanged in the 3.75% to 4% range at its latest meeting, under Chair Kevin Warsh, but kept a December hike on the table. Market pricing for a December <strong>Fed rate hike<\/strong> is now around 75%, up from 73.3% a week ago and 49.4% a month ago. Higher rates raise the opportunity cost of holding bullion, which pays no interest, and that is the core reason the <strong>gold price today<\/strong> and MCX gold are weak before Dhanteras, and that is why <strong>spot gold<\/strong> and <strong>MCX gold<\/strong> fall when hike odds rise.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Crude_Oil_Has_Become_the_Inflation_Trade\"><\/span><strong>3. Crude Oil Has Become the Inflation Trade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Brent <strong>crude oil<\/strong> is trading above $116 a barrel and was on track for a fourth straight monthly gain, the steepest since July, after an attack on a tanker in the Strait of Hormuz and stepped-up Houthi attacks on Saudi Arabia. Normally Middle East tension supports the <strong>gold price today<\/strong> as a safe haven, but analysts note the war premium has stopped working because oil is now feeding US inflation, which keeps the Fed on a tightening path. Higher oil is therefore a negative for the <strong>gold price today<\/strong> and for MCX gold, not a positive.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Technical_Support_Around_4000_Has_Broken\"><\/span><strong>4. Technical Support Around $4,000 Has Broken<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Spot gold first slipped below $4,000 on 23 October, touching $3,975.23, its lowest since mid-July, and on 30 October it broke that level again and traded near $3,980. The metal is below its 20-day exponential moving average near $4,102, which keeps the short-term tone bearish for MCX gold and the <strong>gold price today<\/strong>. Bank of America had earlier called for a break below $4,000, which has now happened.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live commodity and gold-linked stock data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_Silver_Fall_More_Than_Gold_Today\"><\/span><strong>Why Did Silver Fall More Than Gold Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>silver price<\/strong> fell 3.72% to Rs 1,82,400 per kg on the MCX, a bigger move than MCX gold, nearly three times the 1.25% fall in gold, because silver is both a precious and an industrial metal and fell with the technology-stock sell-off as well as the rate worries. US technology shares dropped overnight, with the Nasdaq 100 down 1.38%, and that weighed on industrial metals alongside the rate outlook. Silver also carries more volatility than MCX gold, so it usually moves further than gold in either direction.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gold_Rate_Today_in_India_24K_and_22K_Retail_Prices_Before_Dhanteras\"><\/span><strong>Gold Rate Today in India: 24K and 22K Retail Prices Before Dhanteras<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Retail 24K gold in India, which follows MCX gold with a premium, is quoted at about Rs 1,42,260 to Rs 1,43,668 per 10 grams on 30 October 2026, depending on the source and time of day, while 22K gold is quoted at about Rs 1,30,158 to Rs 1,31,600. Goodreturns reported that retail gold price today dropped Rs 1,690 per 10 grams on the day, which is the clearest like-for-like fall in the retail rate ahead of Dhanteras.<\/p>\n<table>\n<thead>\n<tr>\n<th>Retail gold rate (30 October 2026)<\/th>\n<th>Per 10 grams<\/th>\n<th>Source<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>24K gold (999)<\/td>\n<td>Rs 1,43,668<\/td>\n<td>All India Bullion, as of 1:27 PM<\/td>\n<\/tr>\n<tr>\n<td>24K gold<\/td>\n<td>Rs 1,42,260 (down Rs 1,690)<\/td>\n<td>Goodreturns<\/td>\n<\/tr>\n<tr>\n<td>22K gold<\/td>\n<td>Rs 1,31,600<\/td>\n<td>All India Bullion, as of 1:27 PM<\/td>\n<\/tr>\n<tr>\n<td>22K gold<\/td>\n<td>Rs 1,30,158<\/td>\n<td>IBTimes India<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: All India Bullion, Goodreturns, IBTimes India. Retail rates include local taxes and vary by city. The jeweller&#8217;s final bill adds GST on the gold value and on making charges, so always compare per-gram rates and making charges across shops.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dhanteras_2026_Will_the_Lower_Gold_Price_Boost_Festive_Buying\"><\/span><strong>Dhanteras 2026: Will the Lower Gold Price Boost Festive Buying?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Dhanteras<\/strong> 2026 falls on Friday, 6 November 2026, with the Trayodashi tithi starting at about 10:30 AM on 6 November and ending at about 10:47 AM on 7 November, and Diwali&#8217;s Lakshmi Puja follows on Sunday, 8 November. Pushya Nakshatra, another day many families treat as auspicious ahead of Dhanteras for buying gold, falls on Sunday, 1 November, according to Drik Panchang. Exact Dhanteras muhurat times vary by city, so check your local panchang before relying on the gold price today.<\/p>\n<p>A fall in the gold price today often draws buyers who have been waiting, and Indian jewellers often report some of their strongest demand of the year around <strong>Dhanteras<\/strong>. But the fall also makes some buyers wait for a lower price, a pattern seen in past years when a rate hike was expected. With gold down 4.3% in October globally and MCX gold at Rs 1,40,808, buyers who plan to purchase for the festival may prefer to split the purchase between the Pushya Nakshatra day and Dhanteras rather than guess the bottom.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track MCX gold and silver prices live before you buy.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gold_Price_Today_Outlook_MCX_Gold_Levels_and_Analyst_Views\"><\/span><strong>Gold Price Today Outlook: MCX Gold Levels and Analyst Views<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The near-term outlook for the gold price today and MCX gold depends on whether <strong>spot gold<\/strong> holds around $3,975, the 23 October low, with a base range of about $3,975 to $4,045 and the 20-day moving average near $4,102 as the first real resistance. A break below $3,975 would open the way to the $3,943 level that analysts have flagged. On the MCX, the day&#8217;s low of Rs 1,40,768 is the first support and the previous close of Rs 1,42,596 is the first resistance. A commodity analyst had earlier called Rs 1,42,353 an important downside reference for the December contract, and that level has now been broken.<\/p>\n<p>Longer term, UBS&#8217;s Giovanni Staunovo expects gold could climb to $5,000 or higher next year, because the Fed will eventually have to cut rates again and inflation will no longer be the problem. Physical demand from Chinese households and long-term investors has also helped stabilise the gold price today as it retreated, which may limit how far MCX gold falls before Dhanteras. The risk is the opposite scenario, where inflation stays high, the Fed hikes more than once and gold stays under pressure through the winter.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Should_You_Buy_Gold_Now_or_Wait_for_a_Lower_Price_Before_Dhanteras\"><\/span><strong>Should You Buy Gold Now or Wait for a Lower Price Before Dhanteras?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Buying gold in stages is the safer approach when the gold price today is falling on rate-hike fears, because nobody knows whether the December Fed meeting will push the price lower or whether it is already priced in. If you need gold for Dhanteras, buying part now and part closer to the festival averages out the price, while a long-term investor can add gradually if the price falls further. Check the BIS hallmark on jewellery, compare making charges, and remember that 3% GST applies to the gold value. Investors who want gold exposure without making charges can look at gold ETFs, which track the gold price today without jewellery costs. This is not investment advice; consult a SEBI-registered financial advisor before investing.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Subscribe to Univest Pro for premium commodity and market research<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The gold price today reflects a market repricing around the Fed: stronger US data and <strong>crude oil<\/strong> above $116 have pushed December <strong>Fed rate hike<\/strong> odds to about 75%, taking <strong>MCX gold<\/strong> to Rs 1,40,808 and <strong>spot gold<\/strong> below $4,000. Silver&#8217;s 3.72% fall shows how widely the pressure is spread beyond MCX gold. For Dhanteras buyers, the lower MCX gold price is a better entry than a month ago, but with the 23 October low of $3,975 under test, there is no certainty the bottom is in, which is why staggered buying around Dhanteras is the practical approach to the gold price today.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Gold_Price_Today\"><\/span><strong>Frequently Asked Questions on Gold Price Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_gold_price_today_in_India_30_October_2026\"><\/span><strong>What is the gold price today in India, 30 October 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The gold price today on the MCX is Rs 1,40,808 per 10 grams for the December contract of MCX gold, down Rs 1,788 or 1.25% from the previous close of Rs 1,42,596. The day&#x27;s range was Rs 1,40,768 to Rs 1,42,574. Retail 24K gold is quoted at about Rs 1,42,260 to Rs 1,43,668 per 10 grams and 22K gold at about Rs 1,30,158 to Rs 1,31,600, depending on the source and the city.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_gold_price_falling_today\"><\/span><strong>Why is gold price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The gold price today is falling because stronger-than-expected US GDP growth, a rise in September PCE inflation to 0.5% from 0.3%, and Brent crude above $116 have raised the probability of a Federal Reserve rate hike in December to about 75%. Higher interest rates make non-yielding gold less attractive. Spot gold fell below $4,000 per ounce to a 3.5-month low, and is down 4.3% in October, its second straight monthly decline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Will_gold_price_fall_further_before_Dhanteras\"><\/span><strong>Will gold price fall further before Dhanteras?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nobody can say for certain how the gold price today will move before Dhanteras, but the near-term direction of MCX gold depends on whether spot gold holds the 23 October low of $3,975 and on US data and Fed commentary. A break below $3,975 would open the way to about $3,943, while a rebound above $4,045 would suggest the low is in. Dhanteras is on Friday, 6 November 2026, and Dhanteras buyers who are unsure can split their purchase over the Pushya Nakshatra day on 1 November and Dhanteras.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_is_Dhanteras_2026_and_when_should_I_buy_gold\"><\/span><strong>When is Dhanteras 2026 and when should I buy gold?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dhanteras 2026 falls on Friday, 6 November, so the gold price today is the last major check before the festival, with the Trayodashi tithi from about 10:30 AM on 6 November to about 10:47 AM on 7 November, and Diwali Lakshmi Puja on Sunday, 8 November. Pushya Nakshatra on Sunday, 1 November is another day many families prefer for buying gold. Exact muhurat times differ by city, so check your local panchang before you buy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_silver_fall_more_than_gold_today\"><\/span><strong>Why did silver fall more than gold today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Silver fell 3.72% to Rs 1,82,400 per kg on the MCX against a 1.25% fall in gold because silver is also an industrial metal and fell with the technology-stock sell-off, in which the Nasdaq 100 dropped 1.38% overnight, on top of the Fed rate-hike worries. Silver is also more volatile than gold, so it generally moves further in both directions when precious metals rise or fall.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_a_Fed_rate_hike_affect_gold_prices\"><\/span><strong>How does a Fed rate hike affect gold prices?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A Fed rate hike lowers the gold price today and MCX gold because higher interest rates raise the opportunity cost of holding bullion, which pays no interest, and tend to strengthen the dollar. When rate-hike expectations rise, as they did on 30 October 2026 with December hike odds at about 75%, investors move money from gold into interest-bearing assets. The reverse happens when the Fed is expected to cut rates, which is why UBS expects gold to rise if the Fed eventually cuts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_difference_between_MCX_gold_and_retail_gold_rates\"><\/span><strong>What is the difference between MCX gold and retail gold rates?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MCX gold is the futures price per 10 grams of 24K gold traded on the Multi Commodity Exchange, and it drives the gold price today for traders, and it was Rs 1,40,808 for the December contract on 30 October 2026. Retail gold rates are the prices jewellers and bullion dealers charge, which include local taxes, and are usually a little higher, at about Rs 1,42,260 to Rs 1,43,668 per 10 grams for 24K gold. The final jewellery bill also adds making charges and 3% GST on the gold value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_it_a_good_time_to_buy_gold_for_Dhanteras\"><\/span><strong>Is it a good time to buy gold for Dhanteras?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The lower gold price today is a better entry for Dhanteras than a month ago, and MCX gold is lower too, since spot gold is down 4.3% in October, but it may fall further if the Fed hikes rates in December. Buying in two or three stages around Pushya Nakshatra on 1 November and Dhanteras on 6 November averages the price, and checking the BIS hallmark and comparing making charges matters as much as the price. This is not investment advice, so consult a SEBI-registered financial advisor for investment decisions.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the gold price today in India, 30 October 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The gold price today on the MCX is Rs 1,40,808 per 10 grams for the December contract of MCX gold, down Rs 1,788 or 1.25% from the previous close of Rs 1,42,596. The day's range was Rs 1,40,768 to Rs 1,42,574. Retail 24K gold is quoted at about Rs 1,42,260 to Rs 1,43,668 per 10 grams and 22K gold at about Rs 1,30,158 to Rs 1,31,600, depending on the source and the city.\"}},{\"@type\":\"Question\",\"name\":\"Why is gold price falling today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The gold price today is falling because stronger-than-expected US GDP growth, a rise in September PCE inflation to 0.5% from 0.3%, and Brent crude above $116 have raised the probability of a Federal Reserve rate hike in December to about 75%. Higher interest rates make non-yielding gold less attractive. Spot gold fell below $4,000 per ounce to a 3.5-month low, and is down 4.3% in October, its second straight monthly decline.\"}},{\"@type\":\"Question\",\"name\":\"Will gold price fall further before Dhanteras?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nobody can say for certain how the gold price today will move before Dhanteras, but the near-term direction of MCX gold depends on whether spot gold holds the 23 October low of $3,975 and on US data and Fed commentary. A break below $3,975 would open the way to about $3,943, while a rebound above $4,045 would suggest the low is in. Dhanteras is on Friday, 6 November 2026, and Dhanteras buyers who are unsure can split their purchase over the Pushya Nakshatra day on 1 November and Dhanteras.\"}},{\"@type\":\"Question\",\"name\":\"When is Dhanteras 2026 and when should I buy gold?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dhanteras 2026 falls on Friday, 6 November, so the gold price today is the last major check before the festival, with the Trayodashi tithi from about 10:30 AM on 6 November to about 10:47 AM on 7 November, and Diwali Lakshmi Puja on Sunday, 8 November. Pushya Nakshatra on Sunday, 1 November is another day many families prefer for buying gold. Exact muhurat times differ by city, so check your local panchang before you buy.\"}},{\"@type\":\"Question\",\"name\":\"Why did silver fall more than gold today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Silver fell 3.72% to Rs 1,82,400 per kg on the MCX against a 1.25% fall in gold because silver is also an industrial metal and fell with the technology-stock sell-off, in which the Nasdaq 100 dropped 1.38% overnight, on top of the Fed rate-hike worries. Silver is also more volatile than gold, so it generally moves further in both directions when precious metals rise or fall.\"}},{\"@type\":\"Question\",\"name\":\"How does a Fed rate hike affect gold prices?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A Fed rate hike lowers the gold price today and MCX gold because higher interest rates raise the opportunity cost of holding bullion, which pays no interest, and tend to strengthen the dollar. When rate-hike expectations rise, as they did on 30 October 2026 with December hike odds at about 75%, investors move money from gold into interest-bearing assets. The reverse happens when the Fed is expected to cut rates, which is why UBS expects gold to rise if the Fed eventually cuts.\"}},{\"@type\":\"Question\",\"name\":\"What is the difference between MCX gold and retail gold rates?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MCX gold is the futures price per 10 grams of 24K gold traded on the Multi Commodity Exchange, and it drives the gold price today for traders, and it was Rs 1,40,808 for the December contract on 30 October 2026. Retail gold rates are the prices jewellers and bullion dealers charge, which include local taxes, and are usually a little higher, at about Rs 1,42,260 to Rs 1,43,668 per 10 grams for 24K gold. The final jewellery bill also adds making charges and 3% GST on the gold value.\"}},{\"@type\":\"Question\",\"name\":\"Is it a good time to buy gold for Dhanteras?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The lower gold price today is a better entry for Dhanteras than a month ago, and MCX gold is lower too, since spot gold is down 4.3% in October, but it may fall further if the Fed hikes rates in December. Buying in two or three stages around Pushya Nakshatra on 1 November and Dhanteras on 6 November averages the price, and checking the BIS hallmark and comparing making charges matters as much as the price. This is not investment advice, so consult a SEBI-registered financial advisor for investment decisions.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold price today: MCX gold fell 1.25% to Rs 1,40,808 per 10 grams as spot gold slipped below $4,000 on December Fed hike bets. What is driving the sell-off and what it means before Dhanteras 2026.<\/p>\n","protected":false},"author":38,"featured_media":333901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[18856,16040,5340,4815,4390,7954,4258,18855],"class_list":["post-333902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-24k-gold","tag-dhanteras-2026","tag-fed-rate-hike","tag-gold-price-today","tag-gold-rate-today","tag-mcx-gold","tag-silver-price","tag-spot-gold"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["333901"],"rank_math_title":["Gold Price Today: MCX Gold Below Rs 1.41 Lakh Before Dhanteras"],"rank_math_description":["Gold price today: MCX gold fell 1.25% to Rs 1,40,808 per 10 grams on 30 October 2026 as spot gold hit a 3.5-month low on Fed hike bets. 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