Gold and silver prices in India saw a slight decline. This comes after weeks of high prices. The market is now showing signs of correction. Let’s look at today’s rates, how prices changed this month, and what it means for the Indian economy.
Today’s Gold and Silver Rates
- Gold (24K): ₹12,436 per gram Times Now
- Gold (22K): ₹11,399 per gram Times Now
- Gold (18K): ₹9,327 per gram Times Now
- Silver: ₹1,54,900 per kilogram India.com
Prices are mostly stable today. But compared to earlier this month, they have dropped slightly. This is due to global market changes and profit booking by investors.
Monthly Price Fluctuation: October 2025
Gold and silver prices moved up and down this month. Early October saw a rise. Mid-month prices peaked. Then, in the last week, prices dropped.
Here’s a summary:
| Date | Gold (24K per gram) | Silver (per kg) |
|---|---|---|
| Oct 1 | ₹12,350 | ₹1,53,000 |
| Oct 5 | ₹12,400 | ₹1,54,200 |
| Oct 10 | ₹12,510 | ₹1,55,000 |
| Oct 15 | ₹12,480 | ₹1,54,800 |
| Oct 20 | ₹12,490 | ₹1,55,100 |
| Oct 25 | ₹12,436 | ₹1,54,900 |
You can view the fluctuation graph by clicking/opening the card above.
Why Prices Fluctuated
Several factors caused these changes:
- Global market trends: Gold prices dropped globally due to profit booking Times Now.
- US dollar strength: A strong dollar made gold less attractive Zoom News.
- Festive demand: Diwali season increased buying, pushing prices up mid-month.
- Interest rate expectations: Investors expect the US Federal Reserve to cut rates soon Mathrubhumi English.
These factors affect both domestic and international prices.
Impact on India’s Economy
Gold and silver are important in India. They are used in weddings, festivals, and as investments. Price changes affect many sectors.
1. Consumer Spending
- Lower prices may boost buying during the festive season.
- More purchases mean more business for jewelers and retailers.
2. Imports and Trade
- India imports most of its gold and silver.
- High prices increase import bills.
- Lower prices reduce pressure on the trade deficit.
3. Inflation Control
- Gold is a hedge against inflation.
- Stable prices help control inflation expectations.
4. Investment Trends
- Investors shift between gold and stocks.
- Falling gold prices may push money into equity markets.
5. Rural Economy
- Farmers often invest in gold.
- Lower prices make it easier for them to buy.
What to Expect Ahead
Experts say prices may stay stable for now. But global events can change that. Watch out for:
- US interest rate decisions
- Global inflation data
- Festive demand in India
If rates fall globally, gold may rise again. Silver may also follow.
Visit rathoreconstruction.org for more updates on market trends and economic news.