Alarming Drop In Kolkata’s Gold Rate Today: 24K/G Now Rs 12,049; Is It Time To Rush To The Jeweller?

Gold prices in Kolkata saw a substantial drop on Thursday, October 30. This suggests that, whether you're thinking about investing in gold or buying jewelry, knowing the current rate can help you make better decisions. The pricing for 24-carat gold is Rs 12,049 per gram, 22-carat gold is Rs 11,045 per gram, and 18-carat gold is Rs 9,037 per gram, according to the most recent GoodReturns data for October 30, 2025.

Gold Rates In Kolkata Today

Today, gold rates in Kolkata reached Rs 1,20,490 for 24k of 10 grams compared to Rs 1,22,400, representing a price drop of Rs 1,910, which means that 24k of 100 grams has become cheaper by Rs 19,100 to reach Rs 12,04,900.

Gold prices in Kolkata on Thursday were Rs 1,10,450 for 22k of 10 grams, which was Rs 1,12,200 on Wednesday. This is a drop in price of Rs 1,750, meaning that 22k of 100 gms of gold has dropped by Rs 17,500 overnight to reach Rs 11,04,500.

Gold prices in Kolkata today were Rs 90,370 for 18k of 10 grams, down Rs 1,430 from Rs 91,800 yesterday. This indicates that the price of 18k of 100 grams has dropped by Rs 14,300 to Rs 9,03,700 for gold buyers in Kolkata today.

Silver costs Rs 151 per gram and Rs 1,51,000 per kilogram in Kolkata today, instead of Rs 152 and Rs 1,52,000 yesterday.

MCX Gold Outlook Today

"On the technical front, MCX Gold witnessed a pullback after forming a hammer pattern in the previous session. It failed to sustain at higher levels and faced strong resistance near the 20 DEMA line. Overall momentum remains weak on the daily chart with no signs of reversal yet. Immediate resistance is placed at 121,650 levels, while support lies at 120,700-117,650. Traders can consider short positions with targets of 120,700-117,650, while sustained strength above 122,000 should be viewed as a stop-loss for this view," commented Abhishek M Pelu - Research Analyst at Way2Wealth Brokers.

Gold & Silver Rates Fundamental Outlook Today

"Gold and silver prices are trading slightly lower today on the international bourses. We expect precious metals prices on Indian bourses to trade range-bound to slightly higher for the day; as gold prices staged a partial recovery following a run of losses as traders weighed conflicting views from Federal Reserve policymakers about the chance of more rate cuts," commented the research analysts of Nirmal Bang Securities.

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