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Gold Rate Falls Today, October 10: Check 22 & 24 Carat Prices In Delhi, Mumbai, Other Cities

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Gold Rate Today, October 10: The price of 24-carat gold in Mumbai stands at Rs 1,22,290 per 10 grams, while 22k gold is available at Rs 1,12,100 per 10 grams.

Gold Rate Today, October 10.

Gold Rate Today, October 10: Gold saw profit-booking on Friday, as bullion fell below the $4,000-per-ounce level. In Mumbai, the price of 24-carat gold stood at Rs 1,22,290 per 10 grams, while 22k gold was available at Rs 1,12,100 per 10 grams. These rates do not include GST and making charges.

Silver was available at Rs 1,70,000 per kg.

On the MCX, gold futures expiring on December 05, 2025, were trading lower by 0.11% to trade at Rs 1,20,355 per 10 grams, whereas silver futures expiring on December 05, 2025, fell by 0.56% to Rs 1,45,501 per kg.

Rahul Kalantri, vice-president (commodities) of Mehta Equities, said, “In a volatile session, gold and silver scaled new lifetime highs but unable to sustain at peak and prices cool off due to heavy profit taking at higher level amid reports of progress on a Gaza peace deal. The dollar’s surge past 99 to a two-and-a-half-month high further dampened sentiment. Despite dovish remarks from New York Fed President John Williams hinting at policy easing, inflation worries lingered.”

Meanwhile, the ongoing US government shutdown, now entering its second week, added volatility by delaying key data releases. Geopolitical developments and safe-haven inflows into ETFs and central bank buying continue to underpin long-term support for both gold and silver, he added.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 10?

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 1,12,200 Rs 1,22,440
Jaipur Rs 1,12,200 Rs 1,22,440
Ahmedabad Rs 1,12,100 Rs 1,22,340
Pune Rs 1,12,100 Rs 1,22,290
Mumbai Rs 1,12,100 Rs 1,22,290
Hyderabad Rs 1,12,100 Rs 1,22,290
Chennai Rs 1,12,100 Rs 1,22,290
Bengaluru Rs 1,12,100 Rs 1,22,290
Kolkata Rs 1,12,100 Rs 1,22,290

Gold Price Prediction 2025: ‘Yellow Metal Likely To Further Rise 25% With Periodic Corrections’

Gold prices have surged over 50% in the past few months, surpassing other asset classes like equity and real estate. The yellow metal is trading near its all-time high levels, and experts believe the bull run might continue with periodic corrections. Sandip Raichura, director at brokerage firm PL Capital, says international gold prices might rise beyond $4,800 an ounce from the current nearly $3,800, an appreciation of over 26%.

This year has placed gold right at the centre of financial history, with US spot gold prices reaching an all-time high of about $3,791.11 per ounce on September 23, 2025, almost double its levels exactly two years ago. In addition, September 23, 2025, saw a 3-year high daily inflows into gold ETFs, further exacerbating strength in the metal.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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