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Gold dipped slightly after record highs in India, with Mumbai 24k gold at Rs 1,18,680 per 10g. US spot gold rose to $3,862.21 per ounce.
Gold Rate Today, October 3.
Gold and Silver Rates Today, October 03: Gold prices on Friday dipped marginally due to profit booking after fresh record highs across India, driven by global uncertainty and festival demand. In Mumbai, the price of 24-carat gold stood at Rs 1,18,680 per 10 grams, while 22k gold was available at Rs 1,08,790 per 10 grams.
Silver, on the other hand, gained Rs 100 to the high of Rs 1,53,100 per kg.
On the MCX, gold futures expiring on December 05, 2025, was trading lower by 0.61% to trade at Rs 1,16,870 per 10 grams, whereas silver futures expiring on December 05, 2025, rose 1.47% to Rs 1,42,599 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 03?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,08,940 | Rs 1,18,830 |
| Jaipur | Rs 1,08,940 | Rs 1,18,830 |
| Ahmedabad | Rs 1,08,840 | Rs 1,18,730 |
| Pune | Rs 1,08,840 | Rs 1,18,360 |
| Mumbai | Rs 1,08,790 | Rs 1,18,680 |
| Hyderabad | Rs 1,08,790 | Rs 1,18,680 |
| Chennai | Rs 1,08,790 | Rs 1,18,680 |
| Bengaluru | Rs 1,08,790 | Rs 1,18,680 |
| Kolkata | Rs 1,08,790 | Rs 1,18,680 |
International Gold Prices Today
In the international market, U.S. spot gold fell 0.77% to $3,840.21 per ounce as of 9:15 am IST. Silver also slipped 1.58%, trading at $46.78 per ounce.
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.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
October 03, 2025, 09:19 IST
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