Gold Prices Hit Record High on Dhanteras 2025 - Up by Rs.3,000 Across India

Gold prices soared this Dhanteras, with 24-carat gold hitting Rs.1,32,953 per 10 grams — up by Rs.3,350 — and 22-carat gold priced at Rs.1,21,883 per 10 grams, up by Rs.3,070. The sharp rise didn’t deter buyers, as Dhanteras is believed to bring prosperity when one buys gold or silver. Also Read: Why Gold Prices Are Rising Daily: Market Trends and Expert Insights

City-Wise Gold Rates

The demand for gold remained strong across major Indian cities despite high prices:

• Delhi: 24K gold – Rs.1,32,953 | 22K – Rs.1,21,883
• Mumbai: 24K gold – Rs.1,32,807 | 22K – Rs.1,21,737
• Chennai: 24K gold – Rs.1,33,121 | 22K – Rs.1,22,031
• Kolkata: 24K gold – Rs.1,32,805 | 22K – Rs.1,21,735
• Pune: 24K gold – Rs.1,32,813 | 22K – Rs.1,21,743
• Bengaluru: 24K gold – Rs.1,32,795 | 22K – Rs.1,21,725

These consistent increases across cities highlight a nationwide trend of high festive demand and limited bullion supply.

Festive Demand Surges

Jewellery stores witnessed heavy rushes, with many reporting nearly depleted stocks of gold coins. According to Ajoy Chawla, CEO of Titan’s Jewellery Division, customers realised that prices are unlikely to drop, pushing them to buy gold as an investment and a festive tradition.

Bullion Shortage Warning

Chawla mentioned that some stores could soon run out of coins and bars due to the ongoing bullion shortage. He added, “We have planned for it adequately, but I won’t be surprised if we run out of coins. Customers are worried there might be a shortage of gold.”

Why Indians Love Gold

In India, gold isn’t just a metal—it’s a sign of prosperity and security. The 24-carat variant (99.99% pure) is mainly used for investment, while 22-carat gold—mixed with small amounts of copper or zinc—is ideal for jewellery making. As the world’s second-largest gold consumer after China, India’s love for gold continues to shape global demand trends. Also Read: American citizens will have to pay a 55% tariff, according to Goldman Sachs report.