On October 22, 2025, gold in India became cheaper for the third consecutive day, and silver for the second consecutive day. In Delhi, 24-carat gold became ₹10 cheaper, selling at ₹1,30,720 per 10 grams, and 22-carat at ₹1,19,840. Silver is also available in Delhi at ₹1,63,900 per kg. Prices are falling due to profit-taking and market instability.
Gold-Silver Rate Today: On October 22, 2025, a drop in gold and silver prices was observed in major Indian cities. In Delhi, 24-carat gold is selling at ₹1,30,720 per 10 grams and 22-carat at ₹1,19,840, while silver is available at ₹1,63,900 per kg. Prices remained soft in Mumbai, Kolkata, Chennai, Bengaluru, and other cities as well. According to the All India Gem and Jewellery Domestic Council, this decline in gold and silver prices is due to profit-taking and global economic instability, but there is still a possibility of prices rising again in the coming months.
Gold Rates in Major Indian Cities
- Delhi: The price of 24-carat gold is ₹1,30,720 per ten grams. Meanwhile, 22-carat gold is available at ₹1,19,840.
- Mumbai and Kolkata: In both these cities, 24-carat gold is selling at ₹1,30,570 per ten grams. The rate for 22-carat has been recorded at ₹1,19,690 per ten grams.
- Chennai: In Chennai, 24-carat gold is available at ₹1,30,920 per ten grams. The rate for 22-carat is ₹1,20,010.
Rates in Bengaluru and Hyderabad
In Bengaluru and Hyderabad, 24-carat gold is selling at ₹1,30,570 per ten grams. The rate for 22-carat gold has been recorded at ₹1,19,690 per ten grams.
Gold Rates in Lucknow and Patna
In Patna, 24-carat gold is ₹1,30,620 and 22-carat gold is ₹1,19,740 per ten grams. In Lucknow, 24-carat gold is available at ₹1,30,720 and 22-carat gold at ₹1,19,840.
Rates in Ahmedabad and Jaipur
In Ahmedabad, 24-carat gold is selling at ₹1,30,620 and 22-carat at ₹1,19,740. Meanwhile, in Jaipur, 24-carat gold has been recorded at ₹1,30,720 and 22-carat gold at ₹1,19,840 per ten grams.
Reasons for Falling Gold Prices
According to Ananth Padmanabhan, Founder Member and former Chairman of the All India Gem and Jewellery Domestic Council, the current softness in gold prices is due to profit-taking. He told ANI that gold prices could rise sharply in the coming months due to purchases by central banks in global and domestic markets, and b public demand in China and Japan.
Padmanabhan states that if trade talks between China and the US are unsuccessful and the Russia-Ukraine war continues, gold prices could reach ₹1,50,000 per ten grams in the coming months. However, in the event of a short-term correction, gold prices could temporarily fall to ₹1,15,000.
Softness in Silver Prices
A softness has also been observed in silver prices. After remaining stable for two consecutive days, it fell by ₹100 per kg today for the second consecutive day. In Delhi, silver is now selling at ₹1,63,900 per kg. It is also available at the same rate in Mumbai and Kolkata. In Chennai, the price of silver has been recorded at ₹1,81,900 per kg, which is the most expensive among the four metropolitan cities.
Current Market Situation
The recent decline in gold and silver prices is due to profit-taking and short-term market correction. Investors are currently making their decisions based on prevailing trends. Global economic conditions, trade negotiations, and events like war directly impact gold and silver prices.
