Gold prices fall across major Indian cities on October 1
In short
Gold prices fell in India on October 1, including Delhi, Mumbai, Kolkata, Chennai and Bengaluru. In Delhi, Tanishq priced 22k gold at Rs 13,725 per gram, down from Rs 13,755, and Malabar Gold & Diamonds quoted Rs 13,680.
This matters to buyers and jewellery stores because even small price moves affect purchases. The reporting does not say why prices dropped or list every city rate.
What the reporting says
Gold prices fell on October 1 across key Indian cities, with the source noting declines in Delhi, Mumbai, Kolkata, Chennai and Bengaluru. The Economic Times summary gives Delhi 22k gold jewellery at Tanishq at Rs 13,725 per gram, down from Rs 13,755, and says Malabar Gold & Diamonds quoted Rs 13,680 per gram. The reporting does not explain the cause of the decline or give a full city-by-city table.
Why it matters
The reported event is a one-day fall in gold prices at major Indian jewellery outlets, with specific Delhi rates cited for Tanishq and Malabar Gold & Diamonds. That directly affects consumers, jewellers and gold-linked retail demand. The reporting does not state the driver behind the decline, nor does it provide a complete market-wide pricing breakdown, so the scope of the move remains partial.