Gold Rate in India Today Climbs Again, Oct 4: Check 24K, 22K,18K Prices; Silver Shines Beofre Dhanteras/Diwali

After two consecutive sessions of decline, when gold prices in India fell sharply by nearly Rs. 7,000 per 100 grams for 24-carat gold, the yellow metal has rebounded once again. The rise in demand for gold and silver jewellery ahead of the festive season is pushing both precious metals towards record highs. While gold is regaining strength, silver prices in India have surged past Rs. 1.5 lakh per kilogram. Often called the "poor man's gold", silver is now becoming increasingly expensive, putting additional pressure on buyers in the bullion and jewellery markets.

According to bullion market trends, there is a rise in jewellery purchases for weddings, Navratri, Dhanteras, and Diwali, which is just weeks away. Market watchers believe that if global spot prices remain firm, gold rates in India could touch new record highs by mid-October 2025, especially with domestic demand remaining strong.

Gold prices in India

On 4th October, 2025, the 24-carat gold rate in India jumped by Rs. 870 and is priced at Rs. 119,400 per 10 grams and Rs. 1,194,000 per 100 grams of yellow metal.

Similarly, 10 grams of 22k yellow metal are currently priced at Rs. 109,450 after rising by Rs. 800, and 100 grams of 22K gold cost Rs. 1,094,500.

Just like the 18-carat gold rates in India today cost Rs. 89,550 per 10 grams, which jumped by Rs. 650, while 100 g costs Rs. 895,500.

Silver rates in India today

Silver prices in India today are shining bright after a brief fall yesterday and are currently trading at Rs. 155,000 per kg, rising by Rs. 3000. While 100g of silver price in India cost Rs. 15,500.

MCX Gold and Silver Futures Update

On the Multi Commodity Exchange (MCX), gold futures, slated to mature on 5th December, ended Friday's trading at Rs.108,100 per 10 grams, after falling 0.01%.

International Spot Gold and Silver Prices Update

Reuters In its report, it said, "Spot gold rose 0.7% to $3,884.19 per ounce by 01:40 p.m. ET (1749 GMT), after hitting a record high of $3,896.49 on Thursday. Prices have gained more than 3% this week. Spot silver climbed 2.1% to $47.96 per ounce."

Outlook for Gold and Silver Prices

"Spot Gold is likely to extend its rally towards the $3900 per ounce level on concerns over the US government shutdown. The US shutdown is set to begin at midnight unless US Congress reaches a temporary funding deal. A delay in the funding deal would delay the release of key economic numbers from the US. Price would also get support from geopolitical concerns and tariff uncertainty. Moreover, persistent buying from the central banks and increasing ETF inflows would support the yellow metals to hold above $3800 per ounce. Meanwhile, investors will keep an eye on key US ADP non-farm employment data. Any sign of moderation in job growth is likely to push bullion prices higher." as per the ICICI Commodity Report.

Check City-Wise Gold Rates Today

Here's the latest city-wise update on 22-carat and 24-carat gold rates on October 4th:

Chennai: The 24-carat gold rate in Chennai stands at Rs.119,400 per 10 grams, while the 22-carat gold price in Chennai is Rs.109,450 per 10 grams.

Bangalore: The gold rate in Bengaluru for 24-carat yellow metal is Rs.119,400 per 10 grams, and the 22-carat gold price in Bangalore is Rs.109,450 per 10 grams.

Hyderabad: the 24K gold price in Hyderabad is Rs.119,400 per 10 grams, and the 22K gold rate in Hyderabad is Rs.109,450 per 10 grams.

Mumbai: The 22-carat gold rate in Mumbai is Rs.109,450 per 10 grams, while the 24-carat gold price in Mumbai remains at Rs.119,400 per 10 grams.

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