Gold and Silver Prices Rise: Check Rates in Your City on October 10, 2025

Gold and silver prices traded higher across major Indian cities on October 10, 2025, reflecting firm global cues and steady domestic demand ahead of the festive season. The yellow metal continued its upward momentum amid renewed interest from investors, while silver extended its rally on the back of strong industrial demand.

According to market data, 24K gold prices hovered above the ₹1.22 lakh mark in most metros, while silver prices breached the ₹1.77 lakh level in select regions.

24K Gold Prices (per 10 grams)

Gold prices rose across domestic markets, with Delhi witnessing the highest rate at ₹1,24,310 per 10 grams, reflecting regional variations in demand and logistics costs. Meanwhile, Mumbai and Kolkata saw prices steady at ₹1,22,290, while Chennai traded slightly higher at ₹1,22,840 per 10 grams.

The increase aligns with gains in international spot gold, which has benefited from a weaker dollar and sustained safe-haven buying amid global geopolitical uncertainty.

Silver Prices (per kilogram)

Silver prices also advanced, with Chennai leading at ₹1,77,100 per kg, driven by robust industrial and jewellery demand. Other major cities, including Delhi, Mumbai, and Kolkata, saw prices stable at ₹1,67,100 per kg.

The rise in silver is supported by improving sentiment in industrial metals, as global manufacturing data and clean energy investments continue to strengthen consumption outlooks for the metal.

Global and Domestic Drivers Behind the Rally

Global market cues played a major role in the latest surge. The weaker US dollar, ongoing geopolitical uncertainties, and expectations of lower global interest rates have increased the appeal of precious metals. Domestically, festive demand ahead of Dussehra and Diwali has further lifted sentiment, with jewellers witnessing a steady rise in footfall and advance bookings.

Internationally, spot gold held above $3,850 per ounce, while silver traded near $48.30 per ounce. Analysts note that sustained institutional buying is helping maintain upward momentum in bullion markets.

Festive Demand and Market Outlook

With India’s peak festive season approaching, gold and silver demand is expected to remain firm. The combination of global economic uncertainty and strong cultural demand is likely to keep bullion prices elevated. Retail investors have also shown rising interest in gold ETFs and digital gold investments, reflecting diversification trends beyond physical purchases.

Read More: India's Gold ETFs Record Historic $902 Million Inflows

Conclusion

Gold and silver prices maintained their upward trajectory on October 10, 2025, as festive buying and firm international trends supported demand. With global uncertainty and central banks’ continued interest in gold, both precious metals are likely to remain in focus in the coming weeks.

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