Gold Price Today: Gold and silver prices are experiencing a dramatic surge. Gold rates are rising rapidly. There’s little chance of a decline. Due to weddings and festivals, gold prices are growing steadily. On October 13th, gold reached its highest level ever. The rising price has caused panic in the market. Some women have even reduced their purchases of gold jewellery. According to the India Bullion and Jewellers Association, the price of 10 grams of 24-carat gold has risen by ₹2,244 to ₹1,23,769. Previously, on Friday, the price of gold was ₹1,21,525. Silver prices have increased by ₹8,625 to ₹1,52,700 per kg. On Friday, gold prices were at ₹1,64,500.
According to the IBJA website, 24-carat gold opened at Rs 123,769 per 10 grams, excluding GST, today. On Friday, it closed at Rs 121,525 without GST. Silver, on the other hand, closed at Rs 164,500 per kg without GST. Today, silver opened at Rs 171,125 per kg without GST. IBJA releases rates twice a day: once around 12 noon and the second around 5 pm.
What is the latest gold rate?
According to the rates published on ibjarates.com on the morning of October 13th, the price of 995 purity gold is Rs 1,23,273 per 10 grams. Meanwhile, the cost of 22-carat gold with a purity of 916 is Rs 11.3372 per 10 grams. Furthermore, the price of 750 purity gold has risen to Rs 92,827 per 10 grams. The price of 585 purity gold is Rs 72,405 per tola.
Silver prices have risen to Rs 1.7 3125 per kilogram today. The prices released by the Indian Bullion Jewellers Association provide standard prices for gold of different purities. If you’re looking to buy gold for jewellery, 22-carat gold is considered the best. This does not include taxes, making charges, or GST.
Imports primarily drive India’s gold demand. The rupee has weakened by 3.8% this year, making gold more expensive in rupee terms. The Reserve Bank of India has increased its gold reserves from 8.1% (as of 2023) to 14% (as of September 2025), reflecting the country’s growing confidence.