The Gold Price Today has touched an all-time high in India, with 24-carat gold surging by ₹718 to reach ₹1,19,967 per 10 grams, according to data released by the India Bullion and Jewellers Association (IBJA). Just a day earlier, gold was priced at ₹1,19,249 per 10 grams — showing a sharp and notable increase in a single day.
Meanwhile, silver prices have also climbed, gaining ₹605 to trade at ₹1,49,438 per kilogram, compared to ₹1,48,833 yesterday. This marks one of the highest price points for both precious metals in recent times.
Current Gold Rates by Karat (as of October 7, 2025)
| Karat | Price (₹ per 10 grams) |
|---|---|
| 24 Karat | ₹1,19,967 |
| 22 Karat | ₹1,09,890 |
| 18 Karat | ₹89,975 |
| 14 Karat | ₹70,181 |
Source: India Bullion and Jewellers Association (IBJA)
Gold Price Today in Major Indian Cities
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) |
|---|---|---|
| Ahmedabad | ₹1,22,070 | ₹1,11,900 |
| Mumbai | ₹1,22,020 | ₹1,11,850 |
| Kolkata | ₹1,22,020 | ₹1,11,850 |
| Chennai | ₹1,22,180 | ₹1,12,000 |
| Jaipur | ₹1,22,070 | ₹1,12,000 |
| Bhopal | ₹1,22,070 | ₹1,11,900 |
| Patna | ₹1,22,070 | ₹1,11,900 |
| Lucknow | ₹1,22,070 | ₹1,12,000 |
| Raipur | ₹1,22,020 | ₹1,11,850 |
| Delhi | ₹1,22,070 | ₹1,12,000 |
Source: IBJA (October 7, 2025)
Gold and Silver Prices Have Risen Sharply in 2025
So far in 2025, gold prices have increased by nearly ₹43,805 per 10 grams. On December 31, 2024, the rate for 24-carat gold was ₹76,162, which has now reached ₹1,19,967.
Similarly, silver prices have jumped by ₹63,421 per kilogram. At the end of 2024, silver was priced at ₹86,017 per kg, and today it stands at ₹1,49,438 — a significant increase that reflects strong market demand and global economic uncertainty.
Future Outlook: Gold May Reach ₹1.55 Lakh per 10 Grams
According to a recent Goldman Sachs report, the bank expects gold to touch $5,000 per ounce by next year, which roughly translates to ₹1.55 lakh per 10 grams at current exchange rates.
Similarly, Sandeep Raichura, Director at PL Capital, believes that gold could soon reach ₹1.44 lakh per 10 grams if the current momentum continues.
This optimistic forecast indicates that the rally in gold prices is far from over, as both domestic and global factors are favoring a bullish trend.
Top 4 Reasons Behind the Surge in Gold Prices
1. Central Bank Purchases Increasing
Global central banks are continuously adding gold reserves to reduce their dependence on the US dollar.
Impact: Continuous buying keeps gold demand strong, pushing prices upward.
2. The “Trump Factor” and Policy Uncertainty
With ongoing political and policy uncertainties in the United States, especially regarding Federal Reserve decisions, the dollar and bond markets are facing volatility.
Impact: Investors are turning to gold as a safe-haven asset, driving up its price.
3. Shift from Crypto to Gold
Unstable crypto markets and strict regulatory policies have made many investors move their money into gold. Additionally, low returns in Indian equities have made gold a more attractive investment.
Impact: The surge in gold investment increases demand and supports higher prices.
4. Long-Term Asset Value
Gold never loses its inherent worth. It’s durable, limited in supply, and protects purchasing power during inflationary periods.
Impact: Long-term investors continue to prefer gold as a stable wealth-preserving asset.
Also read: What is a Tariff? Understanding Its Role in Global Trade
Silver Price Today: Strong Momentum Ahead
Silver prices are also seeing a robust uptrend. Analysts suggest that the metal could soon surpass ₹1.50 lakh per kilogram, driven by industrial demand and investment inflows. With increasing usage in solar energy, electric vehicles, and electronics, silver remains a critical commodity in the global market.
Investor Insight: Should You Buy Gold Now?
Market experts recommend a phased investment approach. Since prices are at record highs, small and regular investments through gold ETFs, sovereign gold bonds, or digital gold could help balance risk and reward.
For long-term investors, gold continues to be a reliable hedge against inflation and economic uncertainty, while silver remains a promising bet for industrial growth.
Also read: CBDT Provides Relief to Taxpayers on Section 87A Rebate Rectifications
Conclusion: Gold Price Today Reflects Global Economic Reality
The Gold Price Today crossing the ₹1.20 lakh mark symbolizes not just domestic demand but also global financial dynamics. From central bank strategies to investor sentiment shifts, every factor contributes to gold’s historic rise.
As 2025 progresses, experts predict further volatility — but one thing remains clear: Gold continues to shine as one of the most trusted and valuable assets in the world.
