WhatsApp Channel
Telegram GroupGold prices in India continue to soar, hitting record highs as of 23 September 2025. The precious metal has become the focus of both investors and jewellery buyers, as the 24K gold price per gram and the 22K gold rate touched new levels. Rising global uncertainty, festive demand, and expectations of lower interest rates worldwide are driving this sharp rally.
Gold Rate Today in India (23 Sept 2025)
The latest gold price today India shows steady upward momentum across categories.
- 24K Gold (999 purity): around ₹11,300 per gram, or ₹1,13,000 per 10 grams.
- 22K Gold (916 purity): about ₹10,320 – ₹10,365 per gram, or nearly ₹1,03,000 per 10 grams.
- 18K Gold (750 purity): approximately ₹8,450 per gram, or close to ₹84,500 per 10 grams.
These rates make gold jewellery purchases significantly costlier for buyers this festive season, with many waiting for slight corrections before making wedding or investment purchases.
City-Wise Gold Price Today
Gold rates vary across Indian cities due to local taxes, demand, and making charges.
- Gold price in Delhi: 24K ~ ₹1,12,800 – ₹1,13,200 per 10 grams.
- Gold price in Mumbai: 24K ~ ₹1,12,500 – ₹1,12,900 per 10 grams.
- Gold price in Chennai: 24K ~ ₹1,12,600 – ₹1,12,950 per 10 grams.
- Gold price in Bangalore: 24K ~ ₹1,12,400 – ₹1,12,850 per 10 grams.
Jewellery buyers should note that making charges and purity levels can increase the effective price by 5–20%, depending on the jeweller and design.
Why Are Gold Prices Rising?
Several factors are behind the gold price surge in 2025:
- Festive Demand – With Sharad Navratri, weddings, and Diwali around the corner, demand for gold jewellery has surged across India.
- Global Safe Haven Buying – Investors worldwide are turning to gold as a hedge against market uncertainty and inflation, boosting international rates.
- Interest Rate Outlook – Expectations of rate cuts by global central banks have reduced bond yields, making gold more attractive.
- Rupee Fluctuations – A slightly weaker rupee against the dollar makes imported gold costlier in India, lifting domestic gold rates.
- Psychological Triggers – Crossing the ₹1.1 lakh per 10 grams mark has fueled momentum buying among investors.
Gold Price Forecast and Predictions
Experts believe gold may remain firm in the near term due to:
- Strong demand during India’s festive season.
- Investor focus on gold ETFs, coins, and bars.
- Continued global uncertainty around inflation and trade policies.
Some predictions suggest gold could touch ₹1.15 – ₹1.20 lakh per 10 grams in the next quarter. Long-term forecasts even hint at the gold price per 10 gram crossing ₹2 lakh within five years if inflationary pressures persist.
However, analysts caution that if inflation eases or the dollar strengthens, gold could face short-term corrections.
Impact on Jewellery Buyers
For buyers, high gold jewellery cost today means:
- Higher prices due to making charges (5–20% depending on design).
- Premiums for designer or bridal jewellery sets.
- Some buyers shifting toward lighter designs or coins instead of heavy ornaments.
Still, weddings and festive occasions often keep jewellery demand stable despite high prices, making gold investment both a cultural and financial decision in India.
Gold Investment Options
Apart from physical gold jewellery, Indian investors are considering:
- Gold ETFs (Exchange-Traded Funds) – low-cost, secure investment in gold.
- Sovereign Gold Bonds (SGBs) – government-backed, offering fixed interest plus gold price appreciation.
- Gold Coins and Bars – popular for gifting during Navratri and Diwali.
Quick Takeaway
- Date: 23 September 2025.
- 24K gold price today: ~₹11,300 per gram.
- 22K gold rate today: ~₹10,320 – ₹10,365 per gram.
- Gold price in Delhi, Mumbai, Chennai, Bangalore: around ₹1,12,500 – ₹1,13,200 per 10 grams.
- Prices are rising due to festive demand, inflation, rupee weakness, and safe haven buying.
- Forecasts suggest gold may cross ₹1.15 lakh per 10 grams soon.
FAQs on Gold Price 23 Sept 2025
Q1: What is the gold price today per gram in India (23 Sept 2025)?
24K gold is around ₹11,300 per gram, while 22K is around ₹10,320 – ₹10,365 per gram.
Q2: How much is 10 grams of 24K gold today?
Approximately ₹1,13,000 per 10 grams.
Q3: Why are gold prices rising now?
Because of festive demand, inflation concerns, rupee weakness, and global safe-haven buying.
Q4: Is it a good time to buy gold?
If you need jewellery for weddings or festivals, buying now may be unavoidable. For investment, many expect prices to rise further, but short-term corrections are possible.
Q5: What is the gold price forecast for 2025?
Analysts predict gold could move toward ₹1.15 – ₹1.20 lakh per 10 grams in the near term.
Add as a preferred source on Google
