As Diwali 2025 approaches, gold prices in India have reached unprecedented levels. This surge is attributed to various global and domestic factors, making it a significant topic for investors and buyers alike.
Current Gold Rates
As of October 16, 2025, the gold rates in India are as follows:
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24 Karat (999 purity): ₹12,962 per gram
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22 Karat (91.6% purity): ₹11,883 per gram
These rates reflect a substantial increase compared to previous years, highlighting the growing demand for gold during the festive season.
Factors Influencing the Surge
Several key factors have contributed to the rise in gold prices:
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Global Economic Uncertainty: Ongoing geopolitical tensions and economic instability have led investors to seek safe-haven assets like gold.
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US Federal Reserve Policies: Expectations of interest rate cuts by the US Federal Reserve have made gold more attractive, as it offers better returns compared to other assets.
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Domestic Demand: The festive season, particularly Dhanteras and Diwali, traditionally sees a spike in gold purchases, further driving up prices.
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Expert Predictions
Experts suggest that if the current trends continue, gold prices could reach ₹1,50,000 per 10 grams in the near future. This projection is based on the sustained demand and the economic factors at play.
Buying Tips for Diwali 2025
If you’re planning to purchase gold this Diwali, consider the following:
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Compare Prices: Rates can vary between jewellers; it’s advisable to shop around.
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Check Purity: Ensure the gold is hallmarked for authenticity.
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Consider Alternatives: Sovereign Gold Bonds offer an opportunity to invest in gold without physical ownership.
Conclusion
Gold prices have reached record highs ahead of Diwali 2025, driven by global economic factors and increased domestic demand. If you’re planning to invest in gold this festive season, it’s essential to stay informed and make well-considered decisions.
Disclaimer: This article is written for general information only. The information is based on available sources and news updates.
