National Desk: In the run-up to Dhanteras, gold prices have seen a sharp surge across India. Both gold and silver prices have risen significantly on a weekly basis. In the national capital Delhi, the price of 24-carat gold has increased by ₹5,680 over the past week, reaching ₹1,25,230 per 10 grams. Similarly, 22-carat gold has gone up by ₹5,200, now priced at ₹1,14,800 per 10 grams.
Gold Prices in Major Indian Cities
- Mumbai, Chennai, and Kolkata:
- 24-carat gold – ₹1,25,080 per 10 grams
- 22-carat gold – ₹1,14,650 per 10 grams
- Jaipur, Lucknow, and Chandigarh:
- 24-carat gold – ₹1,25,230 per 10 grams
- 22-carat gold – ₹1,14,800 per 10 grams
- Bhopal and Ahmedabad:
- 24-carat gold – ₹1,25,130 per 10 grams
- 22-carat gold – ₹1,14,700 per 10 grams
- Hyderabad:
- 24-carat gold – ₹1,19,400 per 10 grams
- 22-carat gold – ₹1,08,640 per 10 grams
Silver Prices Also See a Sharp Jump
Silver prices have also recorded a strong rally this week. The price of silver surged by ₹25,000, reaching ₹1,80,000 per kilogram on October 12. During September, silver prices rose by 19.4%. Silver remains an attractive investment option, and it also holds significant industrial demand, accounting for around 60–70% of total consumption.
Why Are Gold and Silver Prices Rising?
Experts attribute the sharp rise in gold and silver prices to increasing global demand and strong investor interest in precious metals. With the festive season underway and global market volatility, investors are advised to keep a close watch on these two valuable commodities.
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