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)

City24K22K18K
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.