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Gold Rate Today, October 1: The price of 24-carat gold stands at Rs 1,17,450 per 10 grams in Mumbai, while 22k gold was available at Rs 1,07,660 per 10 grams.
Gold Rate Today, October 1.
Gold Rate Today, October 1: Continuing its bull run, gold prices on Wednesday hit a fresh record high as investors turned to safe-haven assets on growing risks of a US government shutdown, while weak labour data strengthened expectations of further interest rate cuts by the US Fed. In Mumbai, the price of 24-carat gold stood at Rs 1,17,450 per 10 grams, while 22k gold was available at Rs 1,07,660 per 10 grams. Silver was available at Rs 1,51,100 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 1?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,07,810 | Rs 1,17,600 |
| Jaipur | Rs 1,07,810 | Rs 1,17,600 |
| Ahmedabad | Rs 1,07,710 | Rs 1,17,500 |
| Pune | Rs 1,07,660 | Rs 1,17,450 |
| Mumbai | Rs 1,07,660 | Rs 1,17,450 |
| Hyderabad | Rs 1,07,660 | Rs 1,17,450 |
| Chennai | Rs 1,07,660 | Rs 1,17,450 |
| Bengaluru | Rs 1,07,660 | Rs 1,17,450 |
| Kolkata | Rs 1,07,660 | Rs 1,17,450 |
On the MCX, the price of gold was trading higher by 0.33% to trade at its fresh all-time high of Rs 1,17,650 per 10 grams, whereas silver rose 0.99% to Rs 1,43,558 per kg in the futures market in the early trade.
Gold Price Prediction 2025: ‘Yellow Metal Likely To Further Rise 25% With Periodic Corrections’
Gold prices have surged over 50% in the past few months, surpassing other asset classes like equity and real estate. The yellow metal is trading near its all-time high levels, and experts believe the bull run might continue with periodic corrections. Sandip Raichura, director at brokerage firm PL Capital, says international gold prices might rise beyond $4,800 an ounce from the current nearly $3,800, an appreciation of over 26%.
This year has placed gold right at the centre of financial history, with US spot gold prices reaching an all-time high of about $3,791.11 per ounce on September 23, 2025, almost double its levels exactly two years ago. In addition, September 23, 2025, saw a 3-year high daily inflows into gold ETFs, further exacerbating strength in the metal.
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.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
October 01, 2025, 09:18 IST
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