gold price today
Gold and Silver Price Today: Gold has once again become expensive on the occasion of Karva Chauth. Its prices are increasing for the fifth consecutive day. The festive season has started and people are buying jewellery, due to which the demand has increased. This has had a direct impact on prices.
The price of 24 carat gold in Delhi has reached ₹ 1,22,440 per 10 grams today i.e. on 10 October. Not only in Delhi, gold prices have also increased in big cities like Mumbai, Chennai, Kolkata.
Gold price today in major cities of India
price of silver
Talking about the prices of silver, silver was seen trading at the red mark in the domestic futures market on Friday morning. In early trade on MCX, the price of silver was seen trading at Rs 1,45,192 per kg, down by 0.77 percent or Rs 1132.
Impact of festivals, huge surge in demand
Buying jewelery during the festival season is considered a tradition in India. From Karva Chauth to Dhanteras and Diwali, the demand for gold and silver keeps increasing. This is the reason why prices often rise during October-November. Looking at the recent situation, it is being estimated that the price of gold may go up further by Dhanteras this year. In such a situation, if you are planning to purchase, then it can be beneficial to take a decision soon.
Impact of global market
Not only in India, there is a rise in the prices of gold and silver all over the world. In the global market, gold is trading at $ 4,039.26 per ounce. At the same time, silver has crossed the mark of $ 50 per ounce for the first time, which is considered an important level. There are many international reasons behind this rise, such as the expectation of reducing interest rates by the US Federal Reserve, weakening of the dollar, geopolitical tensions and continuous purchasing of gold by central banks.
How has been the performance so far in 2025?
Since the beginning of 2025, gold has increased by more than 50% in the domestic market. This is a relief news for those investors who had invested in gold at the beginning of the year. Apart from this, increasing investment in gold ETF is also supporting the prices.