Business

Gold, Silver Rally Continues: Silver Zooms Rs 5,000, Yellow Metal Gains; Check City-Wise Rates

Last Updated:

Gold and silver prices surged in India, with Mumbai 24-carat gold at Rs 1,25,400 per 10g and silver hitting Rs 1,85,000 per kg, driven by festival demand and global uncertainty.

Gold and silver continue rally today.

Gold and Silver Rates Today, October 13: Gold and silver prices on Monday continued their upward momentum across India after a record rally triggered by macroeconomic uncertainty and festival demand push. In Mumbai, the price of 24-carat gold stood at Rs 1,25,400 per 10 grams, while 22k gold was available at Rs 1,14,950 per 10 grams.

Silver, however, zoomed Rs 5000 to touch the record high of Rs 1,85,000 per kg.

On the MCX, gold futures expiring on December 05, 2025, was trading higher by 1.53% to trade at Rs 1,23,224 per 10 grams around 9:29 AM, whereas silver futures expiring on December 05, 2025, rose 3.49% to Rs 1,51,679 per kg.

In the international market, US spot gold gained almost 1.68% to $4,052 per ounce as of 9:30 IST.

Silver also gained 2.22% to trade at USD 51.03 per ounce.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 13?

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 1,15,100 Rs 1,25,550
Jaipur Rs 1,15,100 Rs 1,25,550
Ahmedabad Rs 1,15,000 Rs 1,25,450
Pune Rs 1,15,000 Rs 1,25,450
Mumbai Rs 1,14,950 Rs 1,25,400
Hyderabad Rs 1,14,950 Rs 1,25,400
Chennai Rs 1,14,950 Rs 1,25,400
Bengaluru Rs 1,14,950 Rs 1,25,400
Kolkata Rs 1,14,950 Rs 1,25,400

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.

Varun Yadav

Varun Yadav is a Sub Editor at Business Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at Business Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

Disclaimer: Comments reflect users’ views, not Business’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. Business may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button