Gold Price on Dhanteras 2025: Latest 22-Carat & 24-Carat Gold Rates in Indian Cities| Mumbai, Delhi, Bengaluru See Surging Rates

Gold prices touched record highs across India on Dhanteras 2025 as millions rushed to buy the precious metal on the auspicious day. Traditionally considered the most favorable day to purchase gold and silver, Dhanteras marks the beginning of Diwali celebrations and is associated with wealth, prosperity, and good fortune. Jewelry stores across major cities reported heavy footfall, reflecting the growing demand for gold.

Gold Rates Across India on Dhanteras 2025

Mumbai saw 24-carat gold rise above Rs 1,30,000 per 10 grams, reaching Rs 1,32,770, while 22-carat gold was priced at Rs 1,21,700. Delhi recorded 24-carat gold at Rs 1,32,920 and 22-carat at Rs 1,21,850. Bengaluru, Pune, Kolkata, and Chennai also saw similar record-breaking rates.

Here’s a quick snapshot of gold rates in major cities on October 18, 2025:

Note: Gold rates are reflective of market trends and interest rates. The prices may vary slightly by store and location. For precise rates and making charges, check with your local jeweler. 

Other cities, including Ahmedabad, Jaipur, Hyderabad, Lucknow, Pune, and Coimbatore, saw 24-carat gold priced between Rs 1,32,770 and Rs 1,33,090 per 10 grams.

Why Gold Prices Are Rising?

Gold rates have surged nearly 66% compared to last Dhanteras, when 24-carat gold was Rs 78,493 per 10 grams. Analysts attribute this sharp increase to multiple factors:

• Global inflation pressures.
• A weakening Indian rupee.
• Rising demand for safe-haven assets amid geopolitical tensions.

Over the past two years, gold has offered a compounded annual growth rate of 46.84%, making it a preferred investment for households and investors. Experts say the precious metal continues to be a hedge against economic uncertainty and currency fluctuations.

The Significance of Buying Gold on Dhanteras

Dhanteras, or Dhantrayodashi, is considered highly auspicious for purchasing gold and silver. On this day, devotees worship Goddess Lakshmi and Lord Dhanvantari, seeking wealth, health, and prosperity. Many consult the Panchang to find the Shubh Muhurat for buying jewelry, and stores across the country prepare for one of the busiest days of the year.

Buying gold on Dhanteras is believed to bring lasting good fortune, and families often purchase coins, bars, or jewelry as part of the tradition. Jewelry shops also offer special discounts, schemes, and gold coins to attract buyers during the festive season.

Investor and Household Trends

With the record-breaking rates, both investors and festival buyers are keen on purchasing gold despite the high prices. Analysts advise purchasing small quantities over multiple days to benefit from market fluctuations. The combination of festival demand and global economic uncertainty is expected to keep gold prices high in the coming weeks.