Today, Indian bullion markets witnessed a moderate decline in gold and silver rates, giving buyers a golden opportunity. According to the latest updates from BankBazaar.com, 24K and 22K gold prices have decreased, while silver rates, which were steady at ₹120 per gram, have fallen by ₹1 per gram. Analysts attribute this to global factors, including ceasefire news between Iran and Israel and a stronger US dollar affecting market trends.
Why Checking Gold & Silver Prices Today is Crucial
Gold and silver prices fluctuate daily, making it important to track rates before purchasing. On September 8, 2025, gold has dropped by ₹270 per 10 grams, while silver has decreased by ₹1,000 per kg. With June approaching and festive demand increasing, investors and buyers are eager to grab gold at these lower rates. Knowing the exact city-wise rates can help you make informed decisions and maximize your investment.
City-Wise Gold Rates (Per 10 Grams)
| City | 24K Gold Price | 22K Gold Price |
|---|---|---|
| Mumbai | ₹98,950 | ₹91,550 |
| Delhi | ₹99,100 | ₹90,850 |
| Kolkata | ₹98,950 | ₹90,700 |
| Bhopal | ₹99,000 | ₹90,750 |
| Chennai | ₹98,950 | ₹90,700 |
Gold Price Surge in 2025
Since January 1, 2025, the price of 10 grams of 24K gold has increased from ₹76,162 to ₹97,157, marking a growth of ₹20,983. Similarly, silver prices have moved from ₹86,017 per kg to ₹1,05,200 per kg, a gain of ₹19,183. This trend indicates that long-term investors have seen substantial value appreciation compared to previous financial years.
Current Gold Prices by Purity
| Purity | Price (Per 10g) | Previous Day Price |
|---|---|---|
| 999 (24K) | ₹97,288 | ₹99,348 |
| 995 (Near 24K) | ₹96,898 | ₹98,950 |
| 916 (22K) | ₹89,116 | ₹91,001 |
| 750 (18K) | ₹72,966 | ₹75,966 |
| 585 (14K) | ₹56,913 | ₹58,913 |
Future Price Predictions
Experts, including Ajay Kedia, Director of Kedia Advisory, believe that ongoing geopolitical tensions continue to support gold demand. He predicts that 24K gold could rise up to ₹1,30,000 per 10 grams, while silver may also reach ₹1,30,000 per kg this year. This highlights the long-term potential of precious metals as both investment and wealth preservation options.
Tips for Buying Certified Gold
When purchasing gold, always ensure it is certified and hallmarked. Look for the Bureau of Indian Standards (BIS) hallmark, which comes with a unique alphanumeric HUID code like AZ4524. This ensures the gold’s purity and authenticity, giving buyers peace of mind when making high-value purchases.
Factors Affecting Gold Prices in India
Gold prices in India are driven by high domestic and international demand, global market trends, and investment patterns. Besides these, several regulatory and economic factors can influence prices. Keeping an eye on these variables helps buyers time their purchases strategically.
Disclaimer : This article is for general information purposes only. Prices and predictions are based on current market conditions and may change without notice. Always consult your financial advisor before making investment decisions.