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India's Gold Prices Surge Over 5% in 10 Days Amid Festive Demand
14 Oct
Summary
- Gold prices in India hit record highs, crossing Rs. 125,000 per 10 grams
- Silver prices also rose sharply, reaching Rs. 151,799 per kg
- Escalating US-China trade tensions drove safe-haven demand for precious metals
As of October 14th, 2025, gold prices in India have continued their sharp upward trajectory, with the 22-carat gold rate crossing Rs. 114,900 per 10 grams and the 24-carat gold price surging past Rs. 125,000 per 10 grams in major cities like Delhi, Mumbai, and Chennai. This represents a significant increase of over 5% in just the last 10 days.
The surge in gold and silver prices is being driven by a combination of factors. Firstly, the ongoing festive season in India has led to a strong rise in demand for precious metals, as gold and silver are traditionally associated with auspicious occasions. Additionally, escalating trade tensions between the United States and China have sparked a renewed safe-haven demand for gold, which is seen as a reliable store of value during times of economic uncertainty.
