Gold futures began Tuesday’s session on the Multi Commodity Exchange (MCX) on a strong note, trading higher by 0.77% at ₹1,27,227 per 10 grams, tracking firm global cues and safe-haven buying. The yellow metal continued its upward momentum alongside silver, which also gained over 1% on the day.
In the domestic market, gold and silver prices extended their bullish streak, as investors turned to the precious metals amid heightened geopolitical and economic uncertainty.
As of October 15, the price of 24-carat gold in Mumbai stood at ₹1,28,890 per 10 grams, while 22-carat gold was priced at ₹1,18,150 per 10 grams. Similar trends were observed across major Indian cities.
Gold prices across key cities (October 15, 2025)
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | ₹1,18,300 | ₹1,29,040 |
| Jaipur | ₹1,18,300 | ₹1,29,040 |
| Ahmedabad | ₹1,18,200 | ₹1,28,940 |
| Pune | ₹1,18,150 | ₹1,28,890 |
| Mumbai | ₹1,18,150 | ₹1,28,890 |
| Hyderabad | ₹1,18,150 | ₹1,28,890 |
| Chennai | ₹1,18,150 | ₹1,28,890 |
| Bengaluru | ₹1,18,150 | ₹1,28,890 |
| Kolkata | ₹1,18,150 | ₹1,28,890 |
These rates do not include GST or making charges, and actual prices may vary depending on jewellers and regional demand.
Gold’s rally has been underpinned by a weaker dollar and expectations of central banks maintaining a dovish stance. Analysts suggest that, amid rising uncertainty, bullion may continue to attract safe-haven inflows in the short term.
