Gold Price Today: Gold Slips for the Third Straight Day Ahead of Sharad Purnima — Check Latest City-Wise Rates

Gold Price Today in India (October 6, 2025): Gold prices in India continued their downward trend for the third consecutive day, giving buyers some relief ahead of the festive season. On the occasion of Sharad Purnima, both 22-carat and 24-carat gold saw marginal declines in major cities, including Delhi, Mumbai, Chennai, and Ahmedabad.

According to market data, 24-carat gold in Delhi slipped to ₹1,19,540 per 10 grams, while 22-carat gold stood at ₹1,09,590 per 10 grams. This marks a consistent fall in prices, although gold remains higher compared to last week’s average, when the precious metal had gained nearly ₹3,920 for 24-carat and ₹3,600 for 22-carat categories.

📉 Gold Prices Continue to Dip Across Major Cities

Gold rates are influenced by both domestic factors — such as local demand and import duties — and global trends, including the movement of the U.S. dollar, inflation data, and geopolitical uncertainties.

Here’s a city-wise snapshot of gold prices as of October 6, 2025:

City	22-Carat Gold (₹/10g)	24-Carat Gold (₹/10g)
Delhi	1,09,590	1,19,540
Mumbai	1,09,440	1,19,390
Chennai	1,09,440	1,19,390
Kolkata	1,09,440	1,19,390
Jaipur	1,09,590	1,19,540
Lucknow	1,09,590	1,19,540
Chandigarh	1,09,590	1,19,540
Ahmedabad	1,09,490	1,19,440
Bhopal	1,09,490	1,19,440
Hyderabad	1,09,440	1,19,390

🪙 Why Are Gold Prices Falling?

The recent dip in gold prices can be attributed to a strong U.S. dollar and a slight easing in global demand after several weeks of rally. Market analysts believe that as investors shift focus to riskier assets amid expectations of stable interest rates, gold’s safe-haven demand has softened.

However, experts predict that this could be a short-term correction, and prices may rebound as festive buying and wedding season demand increase later this month.

According to commodity experts, “Gold’s long-term outlook remains positive. Global uncertainties, inflation concerns, and central bank buying continue to support gold prices. Buyers can consider this dip as an opportunity for investment.”

💰 Silver Prices Also Decline

Silver, often considered the "poor man’s gold," has also witnessed a drop in prices. On October 6, silver fell to ₹1,54,900 per kilogram, marking a slight correction after its stellar performance in September.

Last month, silver prices surged by 19.4%, outperforming gold, which rose about 13% during the same period. Experts say silver’s strength is backed not just by investment demand but also by its industrial utility, with nearly 60–70% of total demand coming from industrial consumption — especially in solar panels, electronics, and electric vehicles.

🌕 Sharad Purnima and Festive Demand

Traditionally, Sharad Purnima is considered an auspicious time to buy gold and silver in India. Jewelers expect a mild pickup in physical gold demand despite the recent price correction, as consumers often see this festival as a good time to invest in precious metals.

With Diwali and Dhanteras just weeks away, traders are optimistic that sales will improve, especially if prices remain stable.

📊 Outlook: Should You Buy Gold Now?

• Short-term trend: Slight weakness expected as global cues remain mixed.

• Medium to long-term: Bullish sentiment likely to return ahead of the festive season.

• Investment tip: Experts suggest using the current dip to accumulate gold gradually, especially for long-term wealth creation.