Gold Prices Surge Ahead of Dhanteras
As India heads into the festive season of Dhanteras and Diwali, gold prices have surged across major cities, reflecting strong retail demand and global economic uncertainties. The gold price silver price trend today shows a mixed tone, with gold maintaining its upward momentum while silver displays mild corrections after recent highs.
According to the latest data, gold price today in Delhi has reached around ₹63,500 per 10 grams for 24K purity, marking a steady rise due to increased consumer buying. In Mumbai, gold is hovering close to ₹63,450 per 10 grams, while Chennai and Kolkata are witnessing similar price ranges. Analysts attribute this spike in gold prices to a weaker rupee, robust safe-haven demand, and rising global inflation concerns.
Silver Prices Cool After Sharp Rally
Meanwhile, silver rate today in Chennai has slightly declined to ₹78,900 per kilogram after peaking above ₹80,000 earlier this week. The silver rate today in Mumbai stands at ₹78,450 per kilogram, following a brief period of correction as traders booked profits. Despite this minor dip, experts predict that silver will remain in high demand as industrial usage and festive purchases continue to climb.
The gold price silver price trajectory this October shows volatility, primarily driven by global cues. Internationally, gold prices recently touched $4,000 per ounce, while silver briefly crossed $51 per ounce, marking historic highs before cooling off. Market analysts suggest that both metals could see another round of gains before Diwali due to strong jewelry demand and central bank buying.
Why Gold and Silver Are Gaining Momentum
The surge in gold prices and silver prices can be linked to a combination of global and domestic factors. Renewed geopolitical tensions, fluctuating crude oil prices, and expectations of slower U.S. interest rate hikes have made precious metals more attractive to investors.
Domestically, jewellers are witnessing strong pre-Diwali bookings. The ongoing wedding season is also adding to the momentum, keeping the gold price silver price levels firm in cities like Delhi, Mumbai, and Chennai.
“Consumers are buying more ahead of Dhanteras as they expect further hikes in the coming days,” said a bullion trader from Zaveri Bazaar, Mumbai. “The silver rate today in Mumbai has seen some profit booking, but overall sentiment remains bullish.”
City-Wise Gold and Silver Rates
Here’s a quick look at the gold price silver price across key Indian cities on October 13, 2025:
- Delhi: Gold ₹63,500/10g | Silver ₹78,700/kg
- Mumbai: Gold ₹63,450/10g | Silver ₹78,450/kg
- Chennai: Gold ₹63,600/10g | Silver ₹78,900/kg
- Kolkata: Gold ₹63,480/10g | Silver ₹78,650/kg
Experts recommend that investors monitor prices closely in the coming week, as global market fluctuations could trigger further movement in gold prices.
Outlook for Investors
Commodity analysts expect the gold price silver price trend to stay bullish in the near term. With inflationary pressures persisting globally, gold continues to serve as a reliable hedge. Silver, on the other hand, is expected to benefit from rising industrial demand, particularly in the renewable energy sector.
As the festive and wedding seasons overlap, jewellers predict strong physical demand will keep gold prices firm and silver relatively stable through November.
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