Gold Price Today: 24-Carat Gold Jumps ₹3,330 in a Week, Latest Rates in 10 Major Indian Cities

Gold prices in India continue their upward march as the festive season fuels demand. Over the past week, the price of 24-carat gold has surged by ₹3,330 per 10 grams, while 22-carat gold has risen by ₹3,050 per 10 grams. The sharp rise reflects a combination of domestic and global factors, including stronger international gold prices, currency fluctuations, and increased buying ahead of major festivals like Navratri, Dussehra, and Diwali.

Current Gold Rates Across Key Cities

As of 28 September 2025, here are the latest retail gold prices in 10 major Indian cities for both 22-carat and 24-carat purity:

• Delhi: 24-carat gold is priced at ₹115,630 per 10 grams, while 22-carat gold stands at ₹106,000 per 10 grams.

• Mumbai, Chennai, Kolkata: 24-carat gold is available at ₹115,480 per 10 grams, and 22-carat gold at ₹105,850 per 10 grams.

• Jaipur, Lucknow, Chandigarh: 24-carat gold costs ₹115,630 per 10 grams, while 22-carat gold is at ₹106,000 per 10 grams.

• Ahmedabad, Bhopal: 24-carat gold is priced at ₹115,530 per 10 grams, with 22-carat gold at ₹105,900 per 10 grams.

• Hyderabad: 24-carat gold is selling at ₹115,480 per 10 grams, and 22-carat gold at ₹105,850 per 10 grams.

These rates are based on local bullion market trends and may vary slightly depending on city-specific demand and making charges.

Silver Prices Also on the Rise

It’s not just gold that is shining brighter—silver prices have also witnessed a steep climb. In just one week, silver prices have jumped ₹14,000 per kilogram. On 28 September, silver was trading at around ₹1,49,000 per kilogram in major markets. In Indore’s bullion market, silver rose by ₹3,500 per kilogram in a single day to reach an average price of ₹1,45,000 per kilogram. Meanwhile, Delhi’s bullion market recorded a new high, with silver prices increasing by ₹1,900 per kilogram on 26 September, touching ₹1,41,900 per kilogram.

Why Gold Prices Are Rising

Experts attribute the recent surge to multiple factors. Global gold prices have strengthened due to economic uncertainties, geopolitical tensions, and central bank buying. Domestically, the festive season is boosting consumer demand, adding pressure to already rising international rates. The Indian rupee’s movement against the US dollar also influences import costs, further impacting retail gold prices.

Festive Demand Driving the Rally

With major festivals like Navratri, Dussehra, and Diwali just around the corner, jewellers expect the demand for gold and silver to remain strong. Historically, festive and wedding seasons see a spike in gold buying, which supports higher prices.

Tips for Buyers

If you’re planning to buy gold or silver, check daily price updates from trusted sources before making a purchase. Also, ensure you buy hallmarked jewellery to guarantee purity. While prices may fluctuate in the short term, analysts believe the overall trend for gold remains bullish as long as global uncertainties persist.

With both gold and silver scaling new highs, buyers should plan their purchases carefully, keeping an eye on market trends to get the best value during the festive rush.