gold price today
Gold-Silver Price Today: After a huge fall of two days, gold and silver have again gained momentum today. On Tuesday and Wednesday, a significant fall in gold prices was seen due to profit booking by investors. But by Thursday morning, the situation changed and gold prices again rose and silver also showed shine.
Thursday morning started with fresh activity, when the price of 10 grams of gold on Multi Commodity Exchange of India (MCX) saw a rise of 1.64% around 12 noon. By this time, gold increased by Rs 1995 to Rs 1,23,852 per 10 grams. An increase of 1.87% was also seen in the prices of silver, and silver increased by Rs 2716 to reach Rs 1,48,274. Let us know how much 10 grams of gold is being sold today in major cities of India…
Gold price per 10 grams today (23 October 2025) in major cities of India
global market decline
The situation in the global market was opposite. For example, spot gold was trading at around $4,084.29 an ounce, indicating a decline. The reason behind this was that the US dollar strengthened and when the dollar gets stronger, gold becomes expensive in other currencies. Due to this, gold appeared a little loose in its role as a safe investment. There was also a view in the market that important inflation related data may come from America in the next few days, and if inflation remains high then the Federal Reserve (Fed) may increase interest rates, which is less favorable for non-yielding assets like gold.
Price rise in India
The interesting thing here is that the prices of gold and silver increased in India, while gold was under pressure at the international level. This means that demand at the domestic level and expectations of possible trade agreements contributed, while at the global level the strength of the dollar and upcoming policy decisions added pressure.