Gold Prices Slip to ₹12,268/g on October 31, 2025: City-Wise Gold Rates Across India

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Last Updated: 31st October 2025 - 11:57 am

2 min read

Gold prices in India slipped slightly on Wednesday, October 29, 2025, extending a mild correction after a period of steady momentum. The moderation comes as prices continue to cool from last week’s highs, even as festive-season demand and ongoing retail buying lend underlying support to the market.

According to the latest data, 24K gold was trading at ₹12,158 per gram, 22K at ₹11,145 per gram, and 18K at ₹9,119 per gram. Despite the modest dip, gold continues to see strong demand nationwide, driven by festive and wedding-related purchases as well as its enduring appeal as a stable investment and traditional asset.

Gold Prices Today in India – October 28, 2025

As of 11:50 AM on October 31, gold rate today across major Indian cities declines compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

Recent Gold Price Movements in India

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

  • October 31st: 24K at ₹12,268, 22K at ₹11,245, 18K at ₹9,201.
  • October 30th: 24K at ₹12,148, 22K at ₹11,135, 18K at ₹9,111.
  • October 29th: 24K at ₹12,158, 22K at ₹11,145, 18K at ₹9,119.
  • October 28th: 24K at ₹12,246, 22K at ₹11225, 18K at ₹9,184.
  • October 27th: 24K at ₹12,448, 22K at ₹11410, 18K at ₹9,336.

Gold prices in India have shown a steady trend through the week, supported by consistent retail demand and festive-season buying. As of October 31, 2025, 24K gold is priced at ₹12,268 per gram, slightly higher than ₹12,148 recorded a day earlier. Despite this mild uptick, prices remain below last week’s high of ₹12,448 (October 27), indicating a phase of consolidation after recent volatility.

Gold Market Outlook

Gold prices in India remained largely stable on October 31, 2025, with 24K gold averaging around ₹12,268 per gram across major cities. Although prices have eased from last week’s peak of ₹12,448 (October 27), the market continues to draw steady support from festive-season demand and sustained retail buying.

The yellow metal has displayed a consistent trend over recent sessions, reflecting balanced domestic sentiment despite minor global price fluctuations. Strong wedding-related and festive purchases are keeping gold demand resilient, particularly in key urban centers such as Delhi, Mumbai, and Chennai.

Conclusion

Overall, gold prices in India maintained a steady tone on October 31, marking another session of consolidation after recent volatility. Rates for 24K, 22K, and 18K gold held near-stable levels across most cities. While slight corrections from previous highs persist, gold remains a preferred choice among consumers — both as a traditional festive purchase and as a long-term investment amid uncertain market conditions.

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