Festive gold prices near all-time highs despite slight dip | Check city-wise rates today

#Business Desk

Despite a slight dip in gold prices today (03-10-2025), the yellow metal continues to trade near record-high levels, making headlines during this festive season. Currently, the gold rate in India is:

₹11,868 per gram for 24K gold

₹10,879 per gram for 22K gold

₹8,901 per gram for 18K gold

City-wise gold rates in India today (Per gram)

City 24K 22K 18K
Chennai ₹11,945 ₹10,949 ₹9,066
Mumbai ₹11,868 ₹10,879 ₹8,901
Delhi ₹11,883 ₹10,894 ₹8,916
Kolkata ₹11,868 ₹10,879 ₹8,901
Bangalore ₹11,868 ₹10,879 ₹8,901
Hyderabad ₹11,868 ₹10,879 ₹8,901
Kerala ₹11,868 ₹10,879 ₹8,901
Pune ₹11,868 ₹10,879 ₹8,901
Ahmedabad ₹11,873 ₹10,884 ₹8,906
Coimbatore ₹11,945 ₹10,949 ₹9,066
Patna ₹11,875 ₹10,884 ₹8,908
Visakhapatnam ₹11,868 ₹10,879 ₹8,901

Gold’s record-breaking rally

Gold has surged 11.4% in September alone, marking its best monthly performance in 14 years, the highest since August 2011. The rally has been supported by:

  • Concerns over a potential US government shutdown
  • Expectations of interest rate cuts by the US Federal Reserve
  • Strong safe-haven demand globally
  • India’s festive and wedding season demand

What it means for buyers

Even with today's marginal decline, gold remains at premium levels, and the current prices reflect a historically high valuation. Those planning to buy gold for investment, jewellery, or upcoming festive occasions like Diwali, should keep a close watch on daily trends.