Gold and silver prices remain steady across major Indian cities on October 26, 2025, following a recent correction after a strong rally. Prices show minor variations city-wise, reflecting both international market dynamics and local factors amid ongoing market volatility.
Gold and silver prices in India maintained relative stability on October 26, 2025, despite the recent easing seen after a robust rally. After reaching record highs earlier this month, prices for both metals pared some gains as global market participants reassessed monetary policies and inflation data.
In key metropolitan areas like Delhi, Mumbai, Chennai, and Kolkata, 24K gold is trading just above Rs 12,550 per gram, with 22K gold around Rs 11,500 and 18K gold near Rs 9,400 per gram. Silver prices hover between Rs 155,000 and Rs 170,000 per kilogram depending on the city, with Chennai seeing slightly higher silver rates at Rs 170,000 per kg.
The recent correction followed a nine-week winning streak for gold, triggered by softer-than-expected US inflation data, which raised hopes for further easing by the US Federal Reserve. This development generally supports bullion prices as lower interest rates reduce the opportunity cost of holding non-yielding assets like gold and silver.
City-wise price highlights include:
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Delhi: 24K gold at Rs 12,577/gm; silver at Rs 155,000/kg
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Mumbai: 24K gold at Rs 12,562/gm; silver at Rs 155,000/kg
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Chennai: 24K gold at Rs 12,545/gm; silver at Rs 170,000/kg
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Kolkata: 24K gold at Rs 12,562/gm; silver at Rs 155,000/kg
These rates reflect a combination of global bullion market trends and local factors such as transportation costs and demand linked to cultural events like upcoming festivals. Investors are advised to track these prices closely, as market volatility remains high with global monetary policy updates on the horizon.
Source: Goodreturns, Times Now News, Moneycontrol, Latestly