Festive Season Bonanza: Gold and Silver Prices Reach New Heights

New Delhi (The Uttam Hindu): Amid global turmoil and festive demand, gold and silver prices in the Indian bullion market have seen a significant surge this past week. Gold has gained nearly 4,000 rupees in a single week, while silver has also provided investors with significant profits.

Huge jump in gold prices

Gold prices saw a sharp rise last week. In the Delhi market, the price of 24-carat gold rose by ₹3,920 per 10 grams to a new high of ₹1,19,550. Similarly, the price of 22-carat gold also increased by ₹3,600, reaching ₹1,09,600 per 10 grams.

According to market experts, global cues like disappointment in the stock market, fear of shutdown in America and weak dollar along with increasing demand during the festive season have given this strength to gold prices.

Gold rates in major cities across the country (per 10 grams)

Delhi, Jaipur, Lucknow, Chandigarh:

24 Carat: ₹1,19,550

22 carat: ₹1,09,600

Mumbai, Chennai, Kolkata, Hyderabad:

24 Carat: ₹1,19,400

22 carat: ₹1,08,640

Bhopal, Ahmedabad:

24 Carat: ₹1,19,450

22 carat: ₹1,09,500

Silver made investors rich

Along with gold, silver has also gained luster. On October 5, 2025, the price of silver saw a massive jump of ₹6,000 per kilogram, reaching ₹1,55,000 per kilogram.

In September, silver even surpassed gold in terms of returns. While gold prices rose 13% in September, silver managed to register a spectacular gain of 19.4%. Experts believe that strong industrial demand for silver (60-70% of total consumption) and current global economic conditions may continue its upward trend.