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Gold and silver prices have dropped for the third straight day after hitting record highs before Dhanteras 2025. In major Indian cities, gold has fallen by up to ₹4,800 per 10 grams and silver by ₹4,100 per kilogram, with experts predicting more downside ahead.
Gold rates declining in India.
New Delhi: Just before Dhanteras, gold and silver reached their highest prices in history. But since Dhanteras (October 17, 2025), their prices have been steadily falling.
Gold Falling for Three Days in a Row. Gold prices fell for the third consecutive day in Delhi today. The price of 24-carat gold fell by ₹10 per 10 grams today.
Gold Reserves in India: Which Indian States Top with Massive Gold Reserves
On October 17, 2025, the day before Dhanteras, gold set a record:
This was the highest price ever.
In Delhi
That means it's now selling at a price significantly lower than its record price.
Gold prices in 10 major cities across the country
| City | 22 Carat (₹/10 g) | 24 Carat (₹/10 g) |
|---|---|---|
| Delhi | 1,10,890 | 1,20,960 |
| Mumbai | 1,10,740 | 1,20,810 |
| Kolkata | 1,10,740 | 1,20,810 |
| Chennai | 1,10,740 | 1,20,810 |
| Bengaluru | 1,10,740 | 1,20,810 |
| Hyderabad | 1,10,740 | 1,20,810 |
| Patna | 1,10,790 | 1,20,860 |
| Lucknow | 1,10,890 | 1,20,960 |
| Jaipur | 1,10,890 | 1,20,960 |
| Ahmedabad | 1,10,790 | 1,20,860 |
This means that gold prices are now almost the same across the country, with only slight differences in some cities.
Silver prices in Delhi have been falling continuously for two days. Today (October 29, 2025), silver has become cheaper by ₹100 per kg.
After nine weeks of rally, Gold takes a sharp fall
Silver prices remained stable (no change) for the first three days. Prior to that, silver had become cheaper by ₹17,000 per kg in four days. And now, it has fallen by ₹4100 per kg in two days.
Delhi, Mumbai, Kolkata: ₹150,900 per kg
Chennai: ₹164,900 per kg (silver is most expensive in Chennai)
Gold-Silver Rate Today: Gold and Silver prices continue to fall across India
Before Dhanteras, gold and silver were very expensive because their demand increases during festivals. After the festival, their prices started falling due to decreased demand. Now, both gold and silver have become much cheaper than before.
