Gold Price Today: Gold prices are steadily rising during the festive season. Dhanteras is being celebrated across the country on October 18th. Buying gold and silver coins on Dhanteras is considered auspicious. However, gold and silver prices have been steadily rising for some time. On Saturday, on the occasion of Dhanteras, gold prices again changed. Gold prices set a new record, reaching ₹1,32,953 per 10 grams. On Saturday, the price of 24-carat gold was ₹1,32,953 per 10 grams. Meanwhile, 22-carat gold was ₹1,21,883 per 10 grams.
Trump Tariffs Impact Gold Prices
Gold prices have softened somewhat following US President Donald Trump’s recent statement, stating that the 100% additional tax imposed on China will not be sustainable. As a result, gold prices fell by more than 2% on October 17th.
Gold prices saw a sharp rise on Friday, a day before Dhanteras. The price of 24-carat gold in India rose to ₹1,33,770 per 10 grams. The price of 22-carat gold in India rose by ₹3,000 per 10 grams to ₹1,21,700 per 10 grams. The price of 18-carat gold rose by ₹2,500 per 10 grams to ₹99,580 per 10 grams.
Latest Gold and Silver Prices on October 18th
According to the MCX Index, the price of 24-carat gold at 8 am on October 18th was ₹1,27,320 per 10 grams. Silver was recorded at ₹1,57,300 per kg.
Delhi gold prices:
The price of 24-carat gold in Delhi is ₹1,32,953 per 10 grams. Meanwhile, 22-carat gold is ₹1,21,883 per 10 grams, an increase of ₹3,070.
Chennai gold prices:
The price of 22-carat gold in Chennai has increased by ₹3,000 to ₹1,22,031 per 10 grams. Meanwhile, 24-carat gold has risen by ₹3,270 to ₹1,33,121 per 10 grams.
Mumbai gold prices:
The price of 24-carat gold in Mumbai is ₹1,32,807 per 10 grams, an increase of ₹3,350. Meanwhile, 22-carat gold stood at ₹1,21,737 per 10 grams, an increase of ₹3,070.
Kolkata gold prices:
24-carat gold stood at ₹1,32,805 per 10 grams, while 22-carat gold reached ₹1,21,735 per 10 grams.
Pune gold prices:
In Pune, the price of 22-carat gold is ₹1,21,743 per 10 grams, while 24-carat gold is ₹1,32,813 per 10 grams.
Bengaluru gold prices:
In Bengaluru, the price of 24-carat gold is ₹1,32,795 per 10 grams, while the price of 22-carat gold is ₹1,21,725 per 10 grams.