Gold Rate Rises Today, October 15: Check 22 & 24 Carat Prices In Delhi, Mumbai, Pune, Other Cities

Gold Rate Today, October 15: Gold and silver on Wednesday extended their bullish streak in a highly volatile session as investors flocked to the safe-haven metals amid heightened market uncertainty. In

Mumbai, the price of 24-carat gold stood at Rs 1,28,890 per 10 grams, while 22k gold was available at Rs 1,18,150 per 10 grams. These rates do not include GST and making charges.

Silver was available at Rs 1,90,000 per kg.

In the international market, spot gold was up 0.8% at $4,173.56 per ounce, as of 0252 GMT, after hitting a record high of 4,186.68 earlier in the session. US gold futures for December delivery gained 0.7% to $4,192.90.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 15?

City	22K Gold (per 10gm)	24K Gold (per 10gm)
Delhi	Rs 1,18,300	Rs 1,29,040
Jaipur	Rs 1,18,300	Rs 1,29,040
Ahmedabad	Rs 1,18,200	Rs 1,28,940
Pune	Rs 1,18,150	Rs 1,28,890
Mumbai	Rs 1,18,150	Rs 1,28,890
Hyderabad	Rs 1,18,150	Rs 1,28,890
Chennai	Rs 1,18,150	Rs 1,28,890
Bengaluru	Rs 1,18,150	Rs 1,28,890
Kolkata	Rs 1,18,150	Rs 1,28,890

US President Donald Trump said on Tuesday his administration planned to produce a list on Friday of “Democrat programmes” that will be closed as a result of the federal government shutdown.

“The US government shutdown and dovish comments from Jerome Powell have provided the latest reasons for gold prices to accelerate higher,” said StoneX senior analyst Matt Simpson.

Silver Prices May Rise 20% In One Year: Report

Silver may see an upside of around 20% over the next one year, with prices expected to reach $60 per ounce, according to the latest outlook by Emkay Wealth Management, the wealth and advisory arm of Emkay Global Financial Services. The report attributes this bullish forecast to a growing industrial demand and a persistent supply deficit of nearly 20%, which is likely to continue in the foreseeable future.

According to the report, gold returns have matched equities and outperformed bonds since the end of the gold standard. As of October 8, 2025, gold has delivered returns of 61.82% year-to-date, compared with 4.2% for Indian equities (Nifty 500 TRI) and 8.4% for bonds (Crisil Short Term Bond Index). Precious metal prices, the report noted, remain closely linked to movements in the US dollar. Expected rate cuts in the US could weaken the dollar, further supporting gold and silver prices.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.