Gold prices have surged to a historic high of around US$3,500 per ounce globally, pushing domestic rates in India close to ₹1 lakh per 10 grams. This sharp rise, up 40% year-on-year, is driven by global economic uncertainty, geopolitical tensions, central bank buying, and expectations of U.S. rate cuts.
A weakening rupee has further amplified the impact on Indian prices. As gold remains a key investment and cultural asset in India, the spike has stirred caution among buyers. Silver prices have also edged up across major cities. This article examines the current gold and silver price trends across India’s key markets.
| Gold Purity | New Delhi (₹) | Mumbai (₹) | Bangalore (₹) |
| 24 Karat | 1,05,270 | 1,05,460 | 1,05,540 |
| 22 Karat | 96,498 | 96,672 | 96,745 |
| 20 Karat | 87,725 | 87,883 | 87,950 |
| 18 Karat | 78,953 | 79,095 | 79,155 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
| City | 1 Kilogram Silver Price (₹) |
| New Delhi | 1,24,400 |
| Mumbai | 1,24,620 |
| Bangalore | 1,24,720 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
Gold and silver prices across India have reached record highs, reflecting global market volatility and currency fluctuations. With 24K gold nearing ₹1.05 lakh per 10 grams and silver crossing ₹1.24 lakh per kg, buyers should stay informed and cautious. As precious metals continue to rise, monitoring price trends across cities is crucial for making smart investment or purchase decisions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Sep 2, 2025, 9:42 AM IST
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