Gold Prices Surge to ₹12,962/g on October 16, 2025: City-Wise Gold Rates in India

Gold prices in India continued their upward trajectory on Thursday, October 16, 2025, reflecting strong investor confidence and sustained demand amid the festive season. The consistent rise is supported by firm global prices, currency fluctuations, and persistent buying by retail and jewellery segments. Analysts attribute the movement to positive domestic sentiment, festival-related demand, and gold’s long-standing reputation as a hedge against inflation.

As per the latest data, 24K gold climbed by ₹42 to ₹12,962 per gram, while 22K rose by ₹39 to ₹11,882 per gram. Similarly, 18K gold gained ₹42 to reach ₹9,722 per gram. These gains reinforce gold’s enduring appeal as both an investment and a traditional asset during the festive period.

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Gold Prices Today in India – October 16, 2025

As of 12:19 AM on October 16, gold rate today across major Indian cities reflected notable gains compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

• Gold Price Today in Mumbai: 24K at ₹13,092, 22K at ₹12,001, 18K at ₹9,721.
• Gold Price Today in Chennai: 24K at ₹13,117, 22K at ₹12,240, 18K at ₹9,722.
• Gold Price Today in Bangalore: 24K at ₹13,121, 22K at ₹12,273, 18K at ₹9,721.
• Gold Price Today in Hyderabad: 24K at ₹13,099, 22K at ₹12,007, 18K at ₹9,722.
• Gold Price Today in Kerala: 24K at ₹12,626, 22K at ₹11,574, 18K at ₹9,722.
• Gold Price Today in Delhi: 24K at ₹12,654, 22K at ₹11,600, 18K at ₹9,722.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• October 16th: 24K at ₹12,962, 22K at ₹11,882, 18K at ₹9,722
• October 15th: 24K at ₹12,920, 22K at ₹11,847, 18K at ₹9,688
• October 14th: 24K at ₹12,763, 22K at ₹11,745, 18K at ₹9,612
• October 13th: 24K at ₹12,493, 22K at ₹11,495, 18K at ₹9,405
• October 12th: 24K at ₹12,444, 22K at ₹11,465, 18K at ₹9,382

Gold prices have maintained firm momentum for the fourth consecutive session, driven by consistent retail buying and heightened festival demand. Analysts highlight that international gold prices, fluctuations in the US dollar, and evolving global bond yields will continue to influence short-term movements.

Gold Market Outlook

Gold prices in India showed stable growth on October 16, with 24K rates averaging around ₹12,962 per gram across major cities. The rise is supported by festive-season demand, investor optimism, and resilient global market conditions.

Experts note that while the bullion market remains sensitive to economic factors such as inflation and currency trends, domestic consumption continues to act as a stabilising force. With ongoing festivals and wedding seasons, jewellery demand is expected to remain robust, likely sustaining elevated gold prices in the near term.

Conclusion

In summary, gold prices in India recorded a steady increase on October 16, 2025, marking continued gains for the fourth session. All categories—24K, 22K, and 18K—showed consistent appreciation amid strong investor sentiment and seasonal demand. With economic uncertainties and festival buying supporting the trend, gold retains its position as a secure and reliable investment choice for Indian households and investors alike.