Unlock the Secrets of Today’s Gold Price Trends—From 18K Sparkle to 24K Pure Gold

Gold continues to capture investor and consumer attention as prices rise on October 9, 2025, across India’s prominent markets. The precious metal's allure is stronger amid festive buying and global economic factors influencing commodity rates. Here’s the latest on gold prices by purity and city, along with key insights into the market dynamics.

Important Points

Gold Price Overview for Today

24-carat gold (the purest form) is priced at approximately ₹12,329 per gram nationwide, reflecting a slight gain compared to previous days. The 22-carat variant commands around ₹11,302 per gram, while 18-carat gold is at ₹9,300 per gram, marking incremental jumps in all segments.

City-Wise Price Variations

Prices differ subtly across Indian cities due to varying state taxes, local demand, and logistic costs:

Chennai: ₹12,366 (24K), ₹11,300 (22K), ₹9,200 (18K) per gram

Mumbai: ₹12,420 (24K), ₹11,360 (22K), ₹9,315 (18K) per gram

Delhi: ₹12,370 (24K), ₹11,320 (22K), ₹9,280 (18K) per gram

Kolkata: ₹12,410 (24K), ₹11,350 (22K), ₹9,300 (18K) per gram

Market Drivers

The uptick is driven by seasonal demand ahead of festivals and weddings, coupled with global gold price trends influenced by currency fluctuations, inflation data, and geopolitical uncertainties.

Investment Insights

Experts advise tracking daily rates closely and considering the purity and local taxes when buying gold. 22-carat gold remains popular for jewelry, balancing purity and durability, while 24-carat is preferred for investment.

Future Outlook

Analysts expect gold prices to maintain momentum over the near term due to sustained demand and uncertain macroeconomic conditions. Investors are advised to balance portfolio exposure with gold’s safe-haven characteristics.

Notable Updates

The Multi Commodity Exchange (MCX) reports a low volatility session today, signaling steady investor confidence.

Gold imports have renewed, aiding availability despite growing consumption.

Jewelers across metro and tier-2 cities continue offering competitive rates to attract buyers amid festive season surges.

Sources: GoodReturns, Indian Express, BankBazaar, Candere, Moneycontrol, MCX Report, Times of India, PolicyBazaar