Editor’s Note
This article provides the latest gold and silver prices across major Indian cities for 20 October 2025, detailing rates by carat purity. As precious metal prices remain volatile, influenced by domestic and global factors, readers are advised to verify the most current rates with local jewelers before making any transactions.
Gold and silver prices in India have been experiencing continuous fluctuations these days. Sometimes they rise, sometimes they fall. Their prices also depend on domestic and international economic and political conditions. Today we will tell you the latest rates for 24-carat, 23-carat, 22-carat, 18-carat, and 14-carat gold in major cities across the country, including Delhi and Mumbai. Also, find out what the silver price is today.
According to the Indian Bullion and Jewellers Association (IBJA) website, by market close on Monday, the price of 24-carat gold fell by Rs 1,951 to Rs 1,27,633 per 10 grams. Meanwhile, the price of silver fell by Rs 6180 to Rs 163,050 per kilogram. On the other hand, gold and silver prices returned to gains in the domestic futures market today. On the Multi Commodity Exchange (MCX), gold futures for December delivery rose by Rs 982, or 0.77 percent, to Rs 1,27,990 per 10 grams. Silver futures also joined the recovery. The white metal for December delivery rose by Rs 1,522 or 0.97 percent to Rs 1,58,126 per kilogram. On MCX, it had earlier touched an all-time high of Rs 1,70,415 per kilogram.
Now, according to IBJA, here are the latest prices for 24-carat, 23-carat, 22-carat, 18-carat, and 14-carat gold.
Today’s gold and silver rates are as follows:
- Gold 24 Carat: Rs 127,633 per 10 grams (Evening Rate)
- Gold 23 Carat: Rs 127,122 per 10 grams (Evening Rate)
- Gold 22 Carat: Rs 116,912 per 10 grams (Evening Rate)
- Gold 18 Carat: Rs 95,725 per 10 grams (Evening Rate)
- Gold 14 Carat: Rs 74,665 per 10 grams (Evening Rate)
- Silver 999: Rs 163,050 per kilogram (Evening Rate)
With the start of the Diwali festival, a huge crowd of buyers thronged jewelry shops across the country on Dhanteras. According to the All India Sarafa Association, in the national capital Delhi on Saturday, gold prices fell from record levels, dropping by Rs 2,400 to Rs 1,32,400 per 10 grams. This precious metal of 99.9 percent purity (24 carat) had reached an all-time high of Rs 1,34,800 per 10 grams on Friday with a gain of Rs 3,200. In the local Sarafa market, the price of 99.5 percent purity (23 carat) gold also saw a sharp decline, falling by Rs 2,400 to Rs 1,31,800 per 10 grams (all taxes included). In the previous session, it had touched an all-time high of Rs 1,34,200 per 10 grams. Notably, on Dhanteras celebrated on October 29, 2024, the price of 24-carat gold was Rs 81,400 per 10 grams, which has now increased to Rs 1,32,400 per 10 grams. This means that in one year, its price has registered a massive increase of Rs 51,000 or 62.65 percent.
According to the All India Sarafa Association, continuing the decline for the second consecutive day, silver prices fell by Rs 7,000 on Saturday to Rs 1,70,000 per kilogram (all taxes included). On Friday, silver had closed at Rs 1,77,000 per kilogram. Silver prices have increased by Rs 70,300 or 70.51 percent from Rs 99,700 per kilogram recorded on the previous Dhanteras.
Despite high prices, consumer demand for silver on the auspicious occasion of Dhanteras outpaced that for gold. Sales of silver coins registered an annual increase of 35 to 40 percent, while the total value more than doubled. Meanwhile, jewelry organizations anticipate a decline of about 15 percent in gold sales in terms of volume.
According to Rajesh Rokade, President of the All India Gem and Jewellery Domestic Council (GJC), despite high prices, the atmosphere remains encouraging due to strategic buying. The prices of silver coins and puja items have increased by 40 percent on an annual basis.
Traders said the reason for the decline in Sarafa prices was weak global cues, as investors booked profits after a strong rally. According to news agency PTI Bhasha, Colin Shah, Managing Director of Kama Jewelry, said that despite record high gold prices, a favorable economic environment, and GST reforms, consumers participated enthusiastically in investments, and a strong response was seen from the market.