Gold and silver rates in India today (September 23, 2025): Check latest prices and city-wise details

Gold prices in India saw modest gains on Tuesday, with both 24-carat and 22-carat varieties inching higher in early trade, according to rates tracked by GoodReturns.

Gold price today in India

Ten grams of 24-carat gold traded at ₹1,13,080, up ₹10 from Monday’s levels. The 22-carat variety rose by the same margin, with ten grams priced at ₹1,03,660.

City-wise, the price of 24-carat gold in Mumbai and Kolkata was ₹1,13,080 per ten grams, while Chennai recorded a slightly higher rate of ₹1,13,790. In Delhi, ten grams of 24-carat gold stood at ₹1,13,230. For 22-carat gold, prices were consistent at ₹1,03,660 in Mumbai, Kolkata, Bengaluru, and Hyderabad, with Chennai seeing a higher rate of ₹1,04,310, and Delhi at ₹1,03,810.

Gold prices in major cities (September 23, 2025)

Silver price today in India

Silver also gained on Tuesday, rising ₹100 in early trade. One kilogram of silver traded at ₹1,38,100 in Delhi, Kolkata, and Mumbai, while Chennai recorded a higher rate of ₹1,48,100.

Global cues influencing precious metals

The uptick in domestic gold and silver prices mirrors movements in the US market, where gold hit record levels amid expectations of further interest rate cuts and a slightly weaker dollar. Spot gold in the US rose 0.2 per cent to $3,752.43 per ounce as of 0123 GMT, touching an intraday high of $3,758.03. December gold futures climbed 0.3 per cent to $3,787.60.

Meanwhile, spot silver slipped 0.2 per cent to $43.98 per ounce, staying near a 14-year peak. Platinum and palladium also recorded gains, rising 0.3 per cent and 0.9 per cent to $1,420.45 and $1,189.84 per ounce respectively. Investors are closely watching for cues from Federal Reserve Chair Jerome Powell, whose upcoming speech could influence market sentiment further.

Factors shaping the market today

Analysts attribute the rise in precious metal prices to a combination of factors:

• Global market trends and investor sentiment
• Currency fluctuations, particularly the USD–INR exchange rate
• Seasonal demand for gold and silver during festivals and weddings in India
• Macroeconomic indicators, including interest rates and inflation expectations

Experts advise investors and bulk buyers to monitor these dynamics carefully before making purchases.

Tips for buying gold and silver

For those planning to purchase jewellery, coins, or bars, financial advisors recommend:

• Ensuring BIS Hallmark certification for authenticity
• Comparing prices across multiple jewellers
• Requesting proper billing and weight documentation
• racking daily price movements to take advantage of price dips