Gold Price Today: Sharp Rise in Gold Rates on Dhanteras — Check Prices in Delhi and Other Major Cities
National Desk: Gold prices in India have been on a steady rise for the past few weeks, and this momentum shows no sign of slowing down. On Friday, October 17, 2025, gold hit an all-time high, while silver prices saw a slight decline. Today, Saturday, October 18, marks the festival of Dhanteras, and both consumers and investors are closely watching gold and silver price movements. Notably, gold prices have witnessed a significant surge on this festive day.
Why Are Gold Prices Rising?
Experts believe there are several key reasons behind the record-breaking surge in global and domestic gold prices. The growing trade tensions between the U.S. and China are the primary factor. Additionally, the U.S. Federal Reserve’s expected interest rate cuts have further boosted investor interest in gold. Domestically, the festive season demand has also driven prices higher, as people traditionally buy gold during this period.
Gold Prices on Friday
- 24K Gold: ₹1,33,770 per 10 grams
- 22K Gold: ₹1,21,700 per 10 grams (₹3,000 increase)
- 18K Gold: ₹99,580 per 10 grams (₹2,500 increase)
Experts state that due to geopolitical uncertainties and fluctuations in the stock market, gold prices have jumped nearly 65% since the beginning of the year. Furthermore, if the U.S. Federal Reserve proceeds with rate cuts, gold prices may rise even further.
Silver Price Update
Silver prices recorded a slight decline on Friday, with rates at ₹18,500 per gram and ₹1,85,000 per kilogram. Despite this, silver prices have also touched record highs over the past six months. Analysts predict a minor correction in silver prices during the second half of the year.
Gold and Silver Prices on Saturday, October 18, 2025
Gold:
- 24K: ₹13,278 per gram (₹1,32,780 per 10 grams)
- 22K: ₹12,171 per gram (₹1,21,710 per 10 grams)
- 18K: ₹9,959 per gram (₹99,590 per 10 grams)
Silver:
- ₹184.90 per gram
- ₹1,84,900 per kilogram
The price of silver largely depends on the international market and the rupee-dollar exchange rate. If the rupee weakens against the dollar while global prices remain stable, silver prices in India could rise further.
Gold Prices in Major Cities
- Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala, Pune:
24K – ₹13,278 | 22K – ₹12,171 per gram - Delhi:
24K – ₹13,293 | 22K – ₹12,186 per gram - Chennai:
24K – ₹13,310 | 22K – ₹12,201 per gram - Vadodara and Ahmedabad:
24K – ₹13,283 | 22K – ₹12,176 per gram
