As the festive season draws closer, India’s gold market is once again shining bright. Just days before Dhanteras, gold prices have seen a notable surge, reflecting strong investor sentiment and renewed demand across major cities like Delhi, Chennai, and Jaipur.
Gold Prices in India Rise Ahead of Dhanteras — 24K and 22K Rates Touch New Highs
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Gold Prices Reach Near-Record Levels
On October 15, 2025, gold prices in India climbed sharply as global trends pushed bullion toward new peaks. The 24-karat gold rate touched around ₹6,179 per gram, while 22-karat gold hovered close to ₹5,665 per gram. In several regional markets, traders noted that prices were moving near their all-time highs due to global uncertainties and festive buying.
Global Cues Driving the Surge
Experts believe that global economic conditions, including Middle East tensions and cautious market sentiment in the U.S., have driven investors toward safe-haven assets like gold. The slight weakening of the U.S. dollar and expectations of lower interest rates in the coming months have also boosted gold’s appeal among investors.
Festive Demand Adds Fuel
In India, the festive season — especially Dhanteras and Diwali — traditionally marks a strong period for gold buying. Jewelers across the country are witnessing a rise in footfalls and online sales. Consumers are locking in prices early, anticipating further increases as the festival day approaches.
Retail demand is particularly strong for 22K jewelry and 24K coins, which are considered auspicious purchases during Dhanteras.
City-Wise Gold Prices Across India
Gold prices vary slightly across cities due to taxes and transportation costs. As of October 15:
- Delhi: ₹6,179 per gram (24K), ₹5,665 per gram (22K)
- Mumbai: ₹6,169 per gram (24K), ₹5,655 per gram (22K)
- Chennai: ₹6,209 per gram (24K), ₹5,685 per gram (22K)
- Jaipur: ₹6,180 per gram (24K), ₹5,665 per gram (22K)
These rates are expected to remain high through the festive season as buyers continue to invest in gold jewelry, coins, and ETFs.
Silver Prices Also Moving Up
Alongside gold, silver prices have also shown strength, trading near ₹80,000 per kilogram in major cities. Analysts suggest that industrial demand combined with festive sales is pushing silver prices higher.
Expert Outlook: Will Prices Rise Further?
Analysts predict that gold may continue to remain firm in the near term, especially if global uncertainties persist. However, traders recommend that buyers keep an eye on daily rate fluctuations and purchase gradually instead of waiting for price dips, as any fall is expected to be short-lived.
Financial advisors also highlight that gold continues to be a strong long-term investment option, balancing risks amid volatile stock markets.
FAQs – Gold Prices in India (October 2025)
Why are gold prices rising in India before Dhanteras?
The surge is driven by festive buying, global market uncertainties, and expectations of lower U.S. interest rates.
What is today’s 24K gold price in India?
On October 15, 2025, 24K gold is priced around ₹6,179 per gram, depending on the city.
Is this a good time to buy gold?
Yes, for long-term investors and festive buyers, current prices offer value. Experts expect prices to remain steady or rise slightly.
How do gold prices differ across cities?
Prices vary due to local taxes, making Chennai and Delhi slightly more expensive than Mumbai or Jaipur.
Will gold rates fall after Diwali?
There may be a short-term correction, but analysts expect gold to maintain strength due to global and economic factors.
