Individuals throughout India have started the five-day Diwali celebrations, kicking off with Dhanteras today, a Hindu festival considered favorable for purchasing gold and silver.
As the festive season began, gold prices in India surged to new heights, reaching all-time highs at the start of October. This increase was driven by concerns over a potential US government shutdown, which led to a heightened demand for safe-haven assets.
On October 18, gold prices increased, with 24-karat gold priced at Rs 13,278 per gram, 22-karat gold at Rs 12,171 per gram, and 18-karat gold at Rs 9,959 per gram. The MCX gold index was recorded at Rs 1,27,320 per 10 grams at 8 am on October 18, according to the official website. Additionally, MCX silver prices were listed at Rs 1,57,300 per kilogram.
The price of gold has increased by 65.17 percent compared to Rs 78,610 per 10 grams during Dhanteras last year. Notably, 58 percent of this rise took place in the first 10 months of 2025.
CityGold Bullion Rate (₹/10 gm) | MCX Gold Rate (₹/10 gm)
Mumbai 1,27,3201 | 1,27,320
New Delhi 1,27,100 | 1,27,320
Bengaluru 1,27,420 | 1,27,320
Hyderabad 1,27,520 | 1,27,520
Chennai 1,27,690 | 1,27,320
Disclaimer: The details shared on this platform are intended solely for general informational use and should not be taken as financial or investment guidance. Gold prices can fluctuate due to market changes and may vary depending on location, purity, and dealer premiums. we highly advise consulting a certified financial advisor or performing independent research. TBC is not responsible for any losses, damages, or decisions made based on the information provided here..