Gold Rate Today in India: Latest Prices, Trends, and Insights
Gold holds a special place in Indian households. Whether it’s for weddings, festivals, or investments, Indians constantly check the gold rate today before buying or selling. The price of gold changes daily, and even small fluctuations can affect jewelry costs, investment returns, and household budgets.
In this detailed guide, we will cover the latest gold rates in India, explain what factors drive these changes, compare 22K and 24K gold, and share insights on whether now is the right time to buy or hold.
Today Gold Rate in India (October 2, 2025)
Gold rates vary across cities due to local taxes, transportation costs, and demand. Here’s the latest snapshot:
- 24K Gold (pure gold): ₹11,925 per gram (₹1,19,250 per 10 grams)
- 22K Gold (91.6% purity): ₹10,931 per gram (₹1,09,310 per 10 grams)
(Source: GoodReturns, Gadgets360, Hindustan Times data, Oct 2, 2025)
City-Wise Gold Prices Today
| City | 22K Gold (per 10g) | 24K Gold (per 10g) |
|---|---|---|
| Delhi | ₹1,17,623 | ₹1,21,000+ |
| Mumbai | ₹1,17,520 | ₹1,19,850 |
| Chennai | ₹1,18,511 | ₹1,20,740 |
| Bangalore | ₹1,17,465 | ₹1,19,710 |
| Kolkata | ₹1,17,550 | ₹1,19,800 |
| Hyderabad | ₹1,17,480 | ₹1,19,750 |
These numbers show that gold rate today in India is at historic highs, crossing ₹1.2 lakh per 10 grams in some cities.
Why Does Gold Rate Today Change Daily?
Gold rates in India are directly linked to international markets but adjusted for Indian conditions. Several factors cause daily fluctuations:
1. International Spot Price
Global gold price, quoted in US dollars per ounce, is the foundation. If international prices rise, Indian rates usually go up too.
2. Indian Rupee vs US Dollar
Gold is imported into India. A weaker rupee against the dollar makes gold costlier, even if global prices remain steady.
3. Import Duty & Taxes
India levies customs duty, GST, and sometimes state-level taxes on gold. These add to the base price, making Indian gold rates higher than international spot.
4. Local Demand
Festivals like Diwali, Dhanteras, and wedding seasons see heavy gold buying. High demand can create premiums in local markets.
5. Inflation & Safe-Haven Buying
When inflation rises or economic uncertainty increases, people prefer gold as a safe investment, pushing prices higher.
22K vs 24K Gold Rate Today : What’s the Difference?
When checking the gold rate today , you’ll notice separate prices for 22K and 24K. Here’s why:
- 24K Gold (99.9% pure):
- Softer, not ideal for daily-wear jewelry.
- Mostly used for coins, bars, and investments.
- Higher price per gram.
- 22K Gold (91.6% pure):
- Mixed with small amounts of other metals for durability.
- Commonly used for jewelry in India.
- Slightly lower price per gram.
For most households, 22K gold is preferred for ornaments, while investors often choose 24K bars or coins.
Gold Rate Today vs Jewelry Price
It’s important to understand that the quoted gold rate is not the final price you pay at a jewelry store. Shops add:
- Making Charges: Fees for design and craftsmanship, often 8–20% of gold’s value.
- Hallmarking Charges: Small certification cost to guarantee purity.
- GST: 3% tax on the total value (metal + making).
So, jewelry prices are always higher than the bare “gold rate today” listed in newspapers or online portals.
Recent Gold Price Trends in India
- Gold crossed ₹1.2 lakh per 10g in Delhi and Mumbai (Oct 2025), setting new records.
- Over the past year, gold has gained more than 45%, fueled by weaker US dollar, global uncertainty, and strong festival demand.
- Silver too has risen sharply, trading above ₹1.4 lakh per kg, making precious metals a hot investment category.
This rally has made many households reconsider whether to buy now or wait for corrections.
Should You Buy Gold at Today’s Rate?
Advantages of Buying Now
- Safe Haven: Gold protects against inflation and currency depreciation.
- Cultural Needs: With the festive and wedding season approaching, waiting might mean paying even higher prices.
- Long-Term View: Analysts project further gains, possibly reaching ₹1.3–₹1.4 lakh per 10g in 2026.
Risks of Buying Now
- Near-Term Volatility: Prices could dip slightly if global markets stabilize.
- High Premiums: Making charges and taxes increase the gap between base rate and final price.
Expert Tip
If buying for investment, consider Sovereign Gold Bonds (SGBs) or digital gold to avoid making charges. If buying for jewelry, check hallmark certification and compare rates across shops.
Outlook: Where is the Gold Rate Headed?
Most financial experts believe gold will remain strong in India for the next few years. With global uncertainties, potential US interest rate cuts, and festive demand in India, the today gold rate could keep rising.
- Short Term (2025): Prices expected to hover near ₹1.2 lakh per 10g, with possible pullbacks.
- Medium Term (2026): Forecasts suggest ₹1.3–₹1.4 lakh per 10g.
- Long Term: Continued demand from central banks and Indian households may push prices even higher.
Key Takeaways
- Gold rate today in India (Oct 2, 2025): ~₹11,925 per gram (24K) and ~₹10,931 per gram (22K).
- Prices vary across cities, often exceeding ₹1.2 lakh per 10g.
- Rates are influenced by international markets, rupee-dollar value, import duty, and festive demand.
- Jewelry buyers should account for making charges and GST.
- For investment, consider SGBs or coins to avoid extra costs.
- Long-term outlook remains positive, with potential for further record highs.
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