Gold Rate in India — 4 October 2026: Sunday Reference Before the Market Reopens

No new IBJA benchmark was published on Sunday

There was no new IBJA opening or closing gold rate for Sunday, 4 October 2026. IBJA’s 2026 holiday document states that it does not publish rates on Saturdays and Sundays. The latest available benchmark entering Sunday therefore remained the 1 October PM reference.

That distinction matters. A retailer can still quote a price on Sunday, but it should not be described as a new Sunday IBJA benchmark when IBJA has not published one.

The per-gram figures above are simple divisions of the official 10-gram benchmark. IBJA states that the published gold rates are without 3% GST and making charges.

Why the official reference stayed unchanged for several days

The gap was not a data failure. 2 October was Mahatma Gandhi Jayanti, listed by IBJA as both a Mumbai office holiday and a commodity-exchange holiday. IBJA says opening and closing rates are not published on commodity-exchange holidays. The next two calendar days, 3 and 4 October, were Saturday and Sunday, when IBJA also does not publish rates.

So the correct official sequence was straightforward: a fresh benchmark on 1 October, then no new IBJA rate on 2–4 October, followed by the next working-day publication when the benchmark service reopened.

A stale official benchmark is not the same as a frozen market

Global bullion, currencies and interest-rate expectations can move while an Indian benchmark is not being published. That means a jeweller’s Sunday quote can differ from Thursday’s benchmark even though the latest official IBJA table still shows 1 October.

This is precisely why an article should label the date of the benchmark instead of silently presenting the last available figure as if it were newly published on Sunday. When a new IBJA rate appears, use that new timestamp for current comparisons.

What the 1 October benchmark tells us before reopening

The 1 October PM benchmark for 999 gold was ₹250 per 10 grams above the 30 September PM figure. For 916 it was ₹229 higher, and for 750 it was ₹188 higher. Each move was about 0.17%.

That is useful historical context, but it is not a prediction for the next session. The first working-day rate after a multi-day gap can incorporate information that accumulated while the benchmark was closed.

How to compare a Sunday jewellery quote fairly

Start with the latest dated benchmark, then separate the parts of the retail bill. A clear comparison can be written as:

metal reference + making/design charges + stone or non-gold value + applicable tax = final payable amount

CBIC says GST on jewellery is 3% of the total transaction value whether the making charge is shown separately or not. This means a buyer should compare the final invoice rather than assuming that a lower displayed “gold rate” always produces the lower purchase price.

For hallmarked jewellery, BIS says the hallmark includes the BIS logo, the purity in caratage and fineness, and a six-digit alphanumeric HUID. The HUID can be checked using the Verify HUID feature in the BIS Care app.

Sunday checklist before paying

1. Ask what date and time the shop’s gold rate refers to.
2. Match the rate to the same purity as the item — for example 22K/916 with 916.
3. Ask for net gold weight separately from stone or accessory weight.
4. Record the making charge method and amount.
5. Verify hallmark and HUID where applicable.
6. Read the complete invoice before payment.
7. Recheck the latest IBJA benchmark on the next working day if timing matters to your purchase.