Gold and Silver Prices: If you are planning to buy gold or silver this week, be prepared to pay more. The new week kicked off with a significant rally in precious metal prices across India. As of Monday, October 27, 2025, both gold and silver have become noticeably more expensive, marking a sharp reversal from the declining trend observed at the end of the previous week.
According to the latest data released by the India Bullion and Jewellers Association (IBJA), the most trusted source for bullion rates in the country, the price of 24-carat (999 purity) gold has climbed to ₹1,22,402 per 10 grams. This represents a significant increase of ₹884 from Friday evening’s closing rate. Similarly, the more commonly purchased 22-carat gold (916 purity) now stands at ₹1,12,120 per 10 grams, up by ₹810.
The rally was not limited to gold. Silver also saw a strong upward move, with its price jumping by ₹997 to reach ₹1,48,030 per kilogram.
Fact Check & Important Context for Buyers:
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Source Verified: The rates cited are officially provided by the India Bullion and Jewellers Association (IBJA), the standard-setting body for the Indian market.
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Weekend & Holiday Clarification: It is standard practice for the IBJA not to publish new rates on weekends (Saturday and Sunday) and central government holidays. The “Friday evening” rate is the last published benchmark before Monday’s update.
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Understanding the Final Price: A critical point for consumers is that these IBJA rates are base prices and do not include the Goods and Services Tax (GST) or making charges. When you purchase jewellery, the final bill will be higher to account for these additional costs.
A Look Back at Friday’s Trend
This Monday’s surge comes after a period of softening. On Friday, October 24, prices had actually dipped by the evening session. For instance, 24-carat gold had fallen from ₹1,22,419 in the morning to ₹1,21,518 by Friday evening, making today’s rebound even more pronounced for market watchers and potential buyers.
In summary, the bullion market has started the week on a bullish note. Investors and jewellery buyers should keep a close watch on these daily fluctuations, as global economic factors and currency movements continue to influence domestic prices.