As India marks the auspicious occasion of Dhanteras today, Todays Gold Rates across major cities have witnessed strong momentum even after a brief correction in international markets. On October 18, 2025, gold prices continued to trade near record highs amid global market volatility, driven by safe-haven demand and investor interest in precious metals.
Global Market and Price Overview
On Friday, global gold prices saw a slight decline after President Donald Trump remarked that his 100% tariff hike on Chinese imports might not be sustainable. Despite that pullback, the yellow metal continues to hold strong. Spot gold was recorded at approximately $4,211.48 per ounce, down by 2.6% after reaching a lifetime high of $4,378.69. However, as trading remains closed during the Dhanteras weekend, Indian rates on the Multi Commodity Exchange (MCX) stayed firm at ₹1,27,320 per 10 grams.
Experts underline that despite minor fluctuations, gold remains a resilient performer amid inflation fears and global uncertainties. Over the past two decades, gold prices in India have jumped from ₹7,638 in 2005 to over ₹1,00,000 in 2025, showcasing over 1,200% growth.
Todays Gold Rates Across Major Cities
Here are the updated Todays Gold Rates for key metropolitan cities in India as of October 18:
| City | 24 Carat Gold (10 gm) | 22 Carat Gold (10 gm) | Silver Price (per kg) |
|---|---|---|---|
| Mumbai | ₹1,27,320 | ₹1,16,710 | ₹1,57,300 |
| Delhi | ₹1,27,100 | ₹1,16,710 | ₹1,57,030 |
| Chennai | ₹1,27,690 | ₹1,16,710 | ₹1,57,760 |
| Bengaluru | ₹1,27,420 | ₹1,16,710 | ₹1,57,420 |
| Hyderabad | ₹1,27,520 | ₹1,16,710 | ₹1,57,550 |
| Kolkata | ₹1,27,150 | ₹1,16,710 | ₹1,57,090 |
These city-wise figures reflect rates from the Indian Bullion and Jewellers Association (IBJA) as of 8 a.m. today. Retail jewellers may charge additional making fees, GST, and hallmarking costs.
Price Drivers and Market Sentiment
The festive period of Dhanteras and Diwali has historically led to a surge in gold purchases. Cultural sentiment, coupled with strong investment activity, has pushed Todays Gold Rates to remain firm despite global price corrections. Investors continue to view gold and silver as safe-haven assets amid economic slowdown concerns and fluctuating bond yields.
Additionally, silver remains equally buoyant, with 999 fine silver maintaining strong ground above ₹1.57 lakh per kilogram. Over the past 20 years, silver prices have jumped 668%, further reaffirming its bullish long-term outlook.
Expert Views on Gold Investment
Market analysts believe that gold prices are likely to maintain upward momentum through the festive and wedding season. With inflationary pressures persisting and interest rates near their peak, gold continues to act as a defensive asset class suitable for portfolio diversification. Many recommend allocating around 10–15% of investments to precious metals during uncertain times.
Conclusion
As of October 18, Todays Gold Rates reflect a steady trend across India. High global inflation, festive demand, and geopolitical concerns continue to underpin the precious metal’s rally. For buyers and investors alike, this Dhanteras presents both an auspicious and strategic time to consider gold purchases—whether for adornment or investment.
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