Gold has always been a popular investment option, especially during uncertain times, due to its status as a safe haven asset. As the festive season begins in india, many people are looking to invest in gold for its spiritual and financial value. Let’s take a look at the gold prices across major cities in india on October 1, 2025, for various carat options, including 18k, 22k, and 24k gold.
1. gold Prices in Chennai:
Chennai, known for its gold demand during festivals and weddings, sees fluctuating gold prices based on both domestic and international market conditions.
· 24 Carat Gold: ₹62,050 per 10 grams
· 22 Carat Gold: ₹57,000 per 10 grams
· 18 Carat Gold: ₹46,800 per 10 grams
2. gold Prices in Mumbai:
As the financial capital of india, mumbai sees consistent gold demand throughout the year, especially during the festive season like Dussehra and Diwali.
· 24 Carat Gold: ₹61,800 per 10 grams
· 22 Carat Gold: ₹56,700 per 10 grams
· 18 Carat Gold: ₹46,250 per 10 grams
3. gold Prices in Delhi:
Delhi has always been a hub for gold jewelry due to its large population and the high demand during religious festivals and wedding seasons.
· 24 Carat Gold: ₹62,250 per 10 grams
· 22 Carat Gold: ₹57,150 per 10 grams
· 18 Carat Gold: ₹46,900 per 10 grams
4. gold Prices in Kolkata:
Kolkata, with its rich cultural heritage, also sees a steady demand for gold, especially during festivals like Durga Puja and Diwali.
· 24 Carat Gold: ₹62,000 per 10 grams
· 22 Carat Gold: ₹56,900 per 10 grams
· 18 Carat Gold: ₹46,500 per 10 grams
5. Factors Affecting gold Prices:
Gold prices fluctuate daily based on several factors, including:
· Global Market Trends: gold prices are often influenced by the global market, including the US dollar, interest rates, and economic conditions.
· Demand and Supply: Festivals, weddings, and the demand from jewelry manufacturers during high-sale seasons contribute to price variations.
· International gold Prices: The price of gold in international markets such as New York and London also impacts the domestic gold rates.
6. Why Invest in gold Now?
· Hedge Against Inflation: gold has historically served as a protective hedge against inflation, ensuring its value during economic uncertainty.
· Festive Season: With the start of the festive season, demand for gold usually peaks, making it an ideal time for both investment and purchasing jewelry.
· Safe Investment Option: Unlike stocks or bonds, gold tends to retain its value over the long term, making it a safer investment option.
7. Conclusion:
As of October 1, 2025, gold prices remain relatively stable across major cities in India. If you're planning to invest in gold during this festive period, it is advisable to keep an eye on market fluctuations and make your purchase when you find favorable rates.
Whether you're buying gold jewelry or investing in gold coins, it's always a good idea to buy from reputed dealers and check the purity of gold. With Dussehra and Diwali around the corner, this could be the perfect time to add to your gold collection!
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk..jpg)
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