Gold And Silver Prices On Diwali Lakshmi Puja Day: A City-Wise Breakdown
As Diwali celebrations lit up homes in India, demand for gold and silver remained strong after touching record highs on Dhanteras. From Delhi to Chennai and Kolkata to Mumbai, prices of these precious metals showed a unique trend influenced by domestic demand and global cues.
Meanwhile, in the international markets, gold prices pared losses from the record high as trade tension between the US and China appeared to be decreasing ahead of the US President Donald Trump and Chinese President Xi Jinping’s next meeting.
The gold futures were trading 0.24% down at $4,349.24 an ounce as of 11:15 a.m. Gold price trends are a key indicator of the overall health of the economy.
Silver prices also declined sharply. It was trading 1.72% down at $50.50 as of 11:18 a.m. Silver price analysis suggests that the metal is highly volatile and sensitive to global economic trends.
Gold Rates On October 21, Dhanteras 2025 In Cities Across India
Here are the gold rates on October 21, Dhanteras 2025 in cities across India.
- Mumbai: The gold rates in Mumbai retreated from record highs. It was trading at Rs 1,32,991 per 10 grams for 24 carat. Meanwhile, silver was trading at Rs 1,67,395 per 1,000 grams.
- Delhi: The bullion was trading at Rs 1,33,089 per 10 grams for 24 carat. Silver was at Rs 1,67,370 per 1,000 grams.
- Kolkata: Gold was trading at Rs 1,32,560 per 10 grams for 24 carat. Silver was at Rs 1,67,393 per 1,000 grams.
- Chennai: Gold was trading at Rs 1,33,161 per 10 grams for 24 carat. Meanwhile, silver was at Rs 1,67,322 per 1,000 grams.
- Bengaluru: Gold was at Rs 1,32,924 per 10 grams for 24 carat, while silver was at Rs 1,67,200 per 1,000 grams.
- Chandigarh: Gold was trading at Rs 1,32,779 per 10 grams for 24 carat, while silver was at Rs 1,67,226 per 1,000 grams.
Note: Gold rates are reflective of market trends and interest rates. The prices may vary slightly by store and location. For precise rates and making charges, check with your local jeweller. Gold investment tips can help you make informed decisions about your investments.
Factors Affecting Gold And Silver Prices
Several factors affect the prices of gold and silver, including global economic trends, monetary policy, and geopolitical tensions. Understanding these factors can help you make informed decisions about your investments.
In conclusion, the prices of gold and silver on Diwali Lakshmi Puja day were influenced by a combination of domestic demand and global cues. As the Indian economy continues to grow, the demand for these precious metals is likely to remain strong. Indian economy news and market trends analysis can provide valuable insights for investors and traders.