Current Gold Price Outlook in India

October 26, 2025

Current Gold Price Outlook in India

📌 Latest Rates

For 24-carat gold in India, recent data shows around ₹ 1,30,707 per 10 g (≈ ₹ 13,070/g) on 22 October 2025. ET Now+2Policybazaar+2
For 22-carat gold, around ₹ 1,19,817 per 10 g (≈ ₹ 11,982/g) on the same date. ET Now+1
A recent sharp drop: On 22 October the 24-carat rate was reported at ~ ₹ 1,27,200 per 10 g (down ~₹ 3,380) and 22-carat ~ ₹ 1,16,600 per 10 g (down ~₹ 3,100) from the previous day. Goodreturns

🔍 Why Are Prices Moving?

Several factors are influencing gold’s movement in India:

Global Safe-Haven Demand
The metal is being sought after due to global uncertainties (geopolitical tensions, inflation, potential rate cuts by the Federal Reserve), which tend to push gold higher. Moneycontrol+2World Gold Council+2
Festive & Jewellery Demand in India
Festivals like Diwali and Dhanteras traditionally boost demand for gold in India (for jewellery, gifts). This is contributing to upward pressure. Goodreturns+1
Supply, Premiums & Import Cost
Import duties, rupee strength/weakness, and local premiums/markup factors play a role. Recent articles note high premiums because of tight supply and increased import cost. Reuters+1
Profit‐booking / Correction Phase
After record highs, gold is seeing some correction, as investors book profits and short‐term sentiment shifts. Moneycontrol+1

📈 What’s the Outlook?

Analysts say gold may remain volatile in the near term. A strategy often mentioned: buy on dips rather than chasing highs. The Times of India+1
Resistance levels for 24 K seem to lie around Rs 1,24,050–1,24,650 per 10 g (in some sources) before further major upside. The Times of India
The correction may continue if global conditions (rates rising, safe-haven demand easing) become less favourable.
For long-term investors, gold continues to hold value as a hedge, but timing and purity (24 K vs 22 K) matter.

🛍 Considerations for Buyers

If you’re buying jewellery: Understand the making charges, purity (karat) and local taxes—these add significantly to the cost beyond the raw gold rate.
If buying as an investment (coins, bars): Focus on purity, buying at low premium, and purchase when short-term dips occur.
Avoid chasing just after record highs—the data shows that corrections can start quickly.
Keep in mind local city/taxes variation: Rates may differ marginally in Lucknow vs Mumbai vs Chennai due to logistics/tax load.

If you like, I can check historical trends (past 1-5 years) for gold in India and forecast possible levels for end of 2025/2026. Would that be helpful?

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