Columbus

Gold and Silver Prices Surge on October 1, 2025: Key Factors and Long-Term Growth

Gold and Silver Prices Surge on October 1, 2025: Key Factors and Long-Term Growth
Last Updated: 1 hour ago

On October 1, 2025, gold and silver prices saw a surge. 10 grams of gold was trading at ₹1,16,410 and silver at ₹1,42,124 per kilogram. Due to the festive season and global uncertainties, investors have moved towards safe-haven metals. In the last 20 years, gold has increased by 1200% and silver by 668%.

Gold-Silver Price Today: On the first day of October, gold and silver prices rose in India. On October 1, 10 grams of gold on MCX was ₹1,16,410 and silver was ₹1,42,124 per kilogram. Along with increased demand during the festive and wedding seasons, global economic instability, US tariff policies, and central bank interest rates have driven investors towards gold and silver. In the last 20 years, gold has increased by 1200% and silver by 668%.

Latest Gold and Silver Prices

On the morning of October 1, 2025, 10 grams of gold traded at ₹1,16,410 on the Multi Commodity Exchange (MCX). Silver was recorded at ₹1,42,124 per kilogram. According to the Indian Bullion and Jewellers Association (IBA), the price of 24-carat pure gold was ₹1,17,350 per 10 grams, and 22-carat gold was ₹1,07,571. Silver prices also reached ₹1,42,190 per kilogram.

Gold Prices in Major Cities

Gold prices also vary across cities. In Chennai, 24-carat gold was priced at ₹1,18,800 and 22-carat at ₹1,08,900. In Mumbai, 24-carat traded at ₹1,18,640 and 22-carat at ₹1,08,750. In Delhi, 24-carat was ₹1,18,790 and 22-carat was ₹1,08,900. In Kolkata, Bangalore, Hyderabad, Kerala, and Pune, 24-carat gold was also ₹1,18,640 and 22-carat was ₹1,08,750. In Ahmedabad, 24-carat was recorded at ₹1,18,690 and 22-carat at ₹1,08,800.

The final price in these cities may differ due to making charges, GST, and other taxes when purchasing jewelry.

Gold's Growth in the Last 20 Years

Looking at the last 20 years, in 2005, gold was priced at ₹7,638 per 10 grams. By 2025, it has crossed ₹1,17,000. This can be termed as an increase of approximately 1200 percent. In the last 20 years, there were 16 years when gold provided positive returns to investors. So far in 2025, gold has registered a growth of 31 percent, placing it in a prominent position in investors' portfolios.

Silver's Performance

It's not just gold; silver has also attracted investors. For the past few months, silver prices have remained above ₹1 lakh per kilogram. Between 2005 and 2025, silver has shown a growth of approximately 668 percent. This figure also makes silver a b and reliable investment option.

Investor Preference and Demand

It is normal for the demand for gold and silver to increase during the festive and wedding seasons. Global economic uncertainty, US tariff policies, and conflicts in the Middle East have pushed investors towards safer alternatives. This is why a surge in gold and silver prices was recorded at the beginning of October 2025.

Experts state that gold and silver have always been safe investment options. Amid volatile markets and high interest rates, investors turn to these metals. Currently, investors are keeping a close watch on both domestic and international markets.

Purchasing During Festive Season

Due to the festive season and weddings in October, further increase in demand for gold and silver is expected. During such times, investors and jewelers plan to increase their stock of these metals. This not only affects gold and silver prices but also boosts trading volumes in the market.

Leave a comment