As of Friday, October 24, 2025, gold prices in India have shown mild fluctuations after a week of volatility. According to the latest data from multiple bullion sources, including Gold Price India and GoodReturns, here are today’s official rates across major karats:
- 24K Gold (Pure Gold) – ₹12,425 per gram (₹1,24,250 per 10 grams)
- 22K Gold (916 Hallmarked) – ₹11,390 per gram (₹1,13,896 per 10 grams)
- 18K Gold – ₹9,381 per gram
Gold Prices Overview
Gold has been experiencing a dynamic few days driven by global cues such as the U.S. Federal Reserve’s policy outlook and shifting investor sentiment. Over the last week, 24K gold prices corrected by about ₹77,000 per 100 grams due to easing bullion demand and profit-booking by traders.goldpriceindia+2
Even with this correction, gold remains one of India’s most preferred assets, offering stability in portfolios amid currency and market uncertainties. Compared to early 2025, the overall gold price is up over 60%, marking one of the strongest years in recent times for the market.goodreturns
City-Wise Gold Rates (10 grams)
| City | 24K (₹) | 22K (₹) |
|---|---|---|
| Mumbai | 94,504 | 90,004 |
| Delhi | 94,714 | 90,204 |
| Bangalore | 94,874 | 90,354 |
| Chennai | 93,664 | 89,204 |
| Kolkata | 95,554 | 91,004 |
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Factors Affecting Gold Prices
Gold rates in India depend on multiple domestic and international factors:
- Global Gold Prices: Fluctuations on the London Bullion Market influence local rates.
- USD-INR Exchange Rate: A stronger rupee usually lowers gold prices domestically.
- Inflation & Interest Rates: High inflation or lower interest rates tend to push prices upward.
- Festival Demand: With Diwali and Dhanteras approaching, seasonal demand in India traditionally drives short-term price spikes.
Gold as an Investment in 2025
Despite recent drops, gold continues to perform strongly due to a global shift towards safer assets and expected monetary easing. Analysts predict renewed interest during the festive season, especially in 22K jewelers buying and 24K investment products such as coins and bars.