Gold and Silver Prices Remain Firm: Check Rates In Your City On October 8, 2025

Gold and silver prices held steady on Wednesday, October 8, 2025, tracking global cues as investors remained cautious ahead of key macroeconomic data from the United States. The steady movement in bullion prices follows a sharp rally seen earlier this month when gold hit record highs amid safe-haven demand and a weaker dollar.

In India, retail rates of gold and silver continued to reflect global stability, with prices largely unchanged across major metro cities.

24K Gold Rates (Per 10 Grams)

Gold prices remained elevated, supported by strong safe-haven buying and subdued bond yields. The global spot price of gold hovered around $3,870 per ounce, with investors eyeing upcoming economic releases for cues on potential rate adjustments by the US Federal Reserve.

Silver Rates (Per Kilogram)

Silver prices also remained firm, tracking gold’s movement and reflecting steady industrial demand. The price gap between northern and southern regions persisted, with Chennai recording the highest silver rate among major cities.

Market Overview

While global cues remain mixed, the festive season in India has continued to support domestic gold and silver demand. Retail jewellers have reported steady consumer interest ahead of Navratri and Diwali, which traditionally drive purchases of precious metals.

On the international front, investors are closely monitoring inflation and employment data for indications of the Fed’s next move. A softer interest rate outlook could further strengthen bullion prices in the coming weeks.

Conclusion

Gold and silver prices in India remained resilient on October 8, reflecting both global stability and festive demand. With gold trading around ₹1.23 lakh per 10 grams in most metros and silver near ₹1.57 lakh per kg, the trend suggests consolidation at elevated levels. Investors and consumers alike continue to view bullion as a preferred asset amid macroeconomic uncertainty and seasonal buying momentum.

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