Gold prices in India skyrocketed on the auspicious occasion of Dhanteras, hitting an all-time high as demand surged across the country.
The price of 24-carat gold touched ₹1,32,953 per 10 grams on Saturday, with buyers undeterred by the steep rates, driven by the traditional belief that purchasing gold on Dhanteras brings prosperity and good fortune.
The festival, which marks the beginning of Diwali celebrations, honours Goddess Lakshmi, the deity of wealth and prosperity. Retail jewellers and major brands such as Tanishq reported heavy footfall, with some outlets even cautioning that their gold coin stock could run out due to overwhelming demand.
Here are the latest gold prices in key metro cities (per 10 grams):
- Delhi: 24-carat – ₹1,32,953 (↑ ₹3,350); 22-carat – ₹1,21,883 (↑ ₹3,070)
- Mumbai: 24-carat – ₹1,32,807 (↑ ₹3,350); 22-carat – ₹1,21,737 (↑ ₹3,070)
- Kolkata: 24-carat – ₹1,32,805 (↑ ₹3,350); 22-carat – ₹1,21,735 (↑ ₹3,070)
- Chennai: 24-carat – ₹1,33,121 (↑ ₹3,270); 22-carat – ₹1,22,031 (↑ ₹3,000)
- Pune: 24-carat – ₹1,32,813 (↑ ₹3,350); 22-carat – ₹1,21,743 (↑ ₹3,070)
- Bengaluru: 24-carat – ₹1,32,795 (↑ ₹3,350); 22-carat – ₹1,21,725 (↑ ₹3,070)
Despite the soaring prices, gold continues to shine as the most sought-after festive purchase, reflecting both cultural tradition and investors’ faith in the metal’s enduring value.
Disclaimer: This article is for informational purposes only and should not be considered investment advice.
