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Tanishq lists 22K gold at ₹13,720/g, ₹45 above Malabar and Joyalukkas, as MCX futures slip 0.98% before festive peak

Tanishq listed 22K gold at ₹13,720 per gram on October 5, 2026, while Malabar and Joyalukkas quoted ₹13,675. Benchmark gold stood at ₹1,49,040 per 10 gm, and MCX gold futures fell 0.98% ahead of peak festival demand.

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07:30 IST · 10 moves · what each means · free

The numbers

Figures from Business Today,

Tanishq 24K gold rate: ₹14,967 per gram

Why it matters for the brand

Tanishq's 22K rate is only ₹45/g (about 0.33%) above Malabar and Joyalukkas, so with MCX futures down 0.98% going into the festive peak, the real contest is on making charges (taxed at 5%) and offers rather than the headline gold rate.

What to track next

  • MCX gold futures extending the 0.98% decline or reversing against the ₹1,49,040 per 10 gm benchmark
  • Tanishq's 22K gap over Malabar and Joyalukkas moving from ₹45 per gram, in either direction
  • Announcements of making-charge waivers or discounts from Tanishq, Malabar or Joyalukkas
  • Festive-season footfall or booking commentary from the major chains
  • Any change to the 3% GST on gold value or 5% on making charges

The source

Source Read the source at Business Today

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