Gold and Silver Prices in India on October 10, 2025: Market Trends and Insights

On October 10, 2025, gold and silver prices in India experienced notable fluctuations, influenced by global economic factors and domestic market dynamics. Investors and consumers alike are keenly observing these changes, especially with the festive season approaching.

Gold Price Trends

Gold prices in India saw a slight decline on October 10, 2025. The price of 24-karat gold decreased to ₹12,229 per gram, down from ₹12,415 the previous day. Similarly, 22-karat and 18-karat gold prices also witnessed reductions. This dip is attributed to profit booking by investors following a period of steady gains earlier in the week. Despite this short-term correction, gold remains a popular investment choice, especially during the festive season.

Silver Price Dynamics

Silver prices continued their upward trajectory on October 10, 2025. The price reached ₹170 per gram, marking a ₹3 increase from the previous day. This rise is driven by strong industrial demand and investor interest, particularly as a hedge against economic uncertainties. In some regions, silver prices have surged to ₹1.8 lakh per kilogram, leading to supply constraints and prompting traders to halt new orders. The surge in prices is also attributed to a weakened US dollar and increased global demand for safe-haven assets The Times of India+1.

Market Outlook

The gold market is experiencing a phase of consolidation after a period of rapid gains. Analysts suggest that while short-term corrections are possible, long-term demand driven by cultural factors and investment preferences will likely support gold prices. For silver, the outlook remains bullish, with sustained industrial demand and investor interest contributing to its price increase. However, potential supply constraints could impact future price movements.

Conclusion

As of October 10, 2025, gold and silver prices in India are influenced by a combination of global economic factors and domestic market conditions. While gold prices have experienced a minor dip, silver prices continue to rise, driven by strong demand. Investors and consumers are advised to stay informed about market trends and consider both short-term fluctuations and long-term factors when making decisions related to gold and silver investments.