Gold prices in India witnessed an upward momentum on Monday, October 6, 2025, with 24-carat gold trading at ₹1,18,114 per 10 grams, marking an increase of ₹651 or 0.55% from the previous day. The 22-carat gold rate today stands at ₹1,08,271 per 10 grams, continuing the precious metal’s bullish trend driven by safe-haven demand and global economic uncertainties.
Current Gold Rates Across Major Indian Cities
The gold rate today varies across different cities due to local factors including demand-supply dynamics, transportation costs, and state taxes. Here are the latest gold prices in major Indian cities:
Delhi Gold Rates
Mumbai Gold Rates
Kolkata Gold Rates
Pune Gold Rates
Other Major Cities
- Chennai: ₹1,19,481 per 10g (24K), ₹1,09,521 per 10g (22K)
- Bangalore: ₹1,19,415 per 10g (24K), ₹1,09,465 per 10g (22K)
Silver Prices Today
Along with gold, silver rates today also showed positive movement, with silver trading at ₹1,54,900 per kilogram. The precious metal has been tracking gold’s upward trajectory, benefiting from similar market dynamics.
Factors Driving Gold Prices Higher
Several key factors are contributing to the current surge in gold prices in India:
Global Economic Uncertainty
Rising geopolitical tensions and concerns about global economic stability are pushing investors toward safe-haven assets like gold. The ongoing volatility in international markets has increased demand for precious metals as a hedge against uncertainty.
Central Bank Policies
Expectations of additional US Federal Reserve rate cuts are providing support to gold prices. Lower interest rates typically reduce the opportunity cost of holding non-yielding assets like gold, making them more attractive to investors.
Currency Fluctuations
The weakening of the US dollar and fluctuations in the rupee-dollar exchange rate continue to influence gold import costs and domestic pricing.
Festive Season Demand
With the ongoing festive season in India, including the upcoming Diwali celebrations, domestic demand for gold has increased significantly. Traditional gold purchases during festivals provide strong support to prices.
Gold Price Performance in October 2025
Gold has demonstrated remarkable performance this year, with prices surging over 47% in 2025. The precious metal has consistently broken previous records, with the highest gold price in October 2025 reaching ₹1,17,463 per 10 grams, while the lowest was ₹1,15,870.
Investment Outlook and Expert Predictions
Financial experts remain optimistic about gold’s prospects, with some analysts projecting gold prices could reach even higher levels by the end of 2025. The combination of global economic uncertainties, accommodative monetary policies, and strong festive demand provides a supportive environment for precious metals.
However, investors should note that gold investment carries inherent volatility risks. Market experts suggest that while the long-term outlook remains bullish, short-term corrections are possible due to profit-booking activities.
Important Notes for Gold Buyers
All quoted gold rates today are indicative and do not include additional charges such as:
- GST (Goods and Services Tax): 3% on gold jewelry and coins
- Making charges: Varies by jeweler
- TCS (Tax Collected at Source): As applicable
Investors and buyers are advised to check with local jewelers for exact pricing including all applicable taxes and charges.
The sustained upward momentum in gold prices reflects the metal’s continued appeal as both an investment vehicle and a cultural asset in India. With favorable market conditions and strong domestic demand, gold remains an attractive option for portfolio diversification and wealth preservation.
