Gold prices in India are slightly volatile now but considerable stable today on October 20, 2025, during the festival season of Diwali. 24-karat gold is priced around ₹12,746 per gram across the country, and 22-karat gold is around ₹11,684 per gram. The differences among key cities are based on local taxes and demand and supply conditions but adhere to the overall national trend according to the Multi Commodity Exchange (MCX) data.
Gold Prices in Major Cities of India – Delhi NCR, Mumbai, Chennai, Hyderabad & Bengaluru
- Delhi NCR: Price of 24-karat gold is close to ₹13,084 per gram, and 22-karat is around ₹11,995 per gram, one of the more expensive markets because of central location premium and import charges.
- Mumbai: Slightly lower than Delhi, 24-karat gold is around ₹12,950 to ₹13,000 per gram and 22-karat at about ₹11,900 to ₹11,950. Strong demand in the market continues in Mumbai as the financial capital with heavy festival buying.
- Chennai: The rates of gold are a bit moderate, with 24-karat gold at the price of about ₹12,900 per gram and 22-karat at about ₹11,850, based on southern India’s marginally different market dynamics and taxes.
- Hyderabad: The gold rate is near ₹12,800 per gram for 24-karat and ₹11,750 for 22-karat, with consistent demand maintaining price stability.
- Bengaluru: The rate is near ₹12,920 per gram for 24-karat and around ₹11,880 per gram for 22-karat gold, following the same trend experienced in southern metro cities.
Silver Rates Today in India
Silver prices have decreased marginally following recent highs. The current price of silver in India is around ₹1,720 per 10 grams varying from city to city. Silver’s daily prices move with international market fluctuations and demand from industry and decorative purposes.
- Mumbai: Silver price stands at around ₹1,300 per 10 grams, increasing slightly compared to other days due to robust domestic demand.
- Delhi NCR: Rates are comparable to Mumbai, around ₹1,700 to ₹1,720 per 10 grams.
- Other cities: Chennai, Hyderabad, and Bengaluru see slightly different rates, primarily consistent with silver prices of between ₹1,700 and ₹1,720 per 10 grams due to decent demand amid festival season.
Market Outlook
Indian prices of gold and silver generally experience high activity during Diwali and Dhanteras when investors and families buy the precious metals as a means of wealth conservation and ritualistic gifting. Buyers are recommended by experts to look at physical purity as well as local taxes when purchasing, since prices might vary from digital gold prices or exchange-listed products. Even with slight day-to-day changes, gold is an entrenched popular asset in this festival season, representing prosperity and security.
