Gold Prices Surge by ₹1,690 in a Week – Latest 22K & 24K Rates Across 10 Major Indian Cities

Gold prices in India continue their upward momentum, with both 22-carat and 24-carat varieties witnessing notable gains over the past week. As of August 10, 2025, 24-carat gold has become ₹1,690 costlier per 10 grams, while 22-carat gold has risen by ₹1,550 during the same period.

The price hike is influenced by a mix of domestic and global factors, including international bullion trends, currency fluctuations, and local demand. In the national capital, Delhi, 24K gold now costs ₹103,190 per 10 grams, while 22K gold stands at ₹94,600.

Interestingly, recent data shows that gold prices in India have surged by nearly 200% over the last six years, highlighting the yellow metal’s long-term appeal as both an investment and a safe-haven asset.

Gold Rates in Major Cities – August 10, 2025

Delhi

• 24K Gold: ₹103,190 per 10g

• 22K Gold: ₹94,600 per 10g

Mumbai, Chennai & Kolkata

• 24K Gold: ₹103,040 per 10g

• 22K Gold: ₹94,450 per 10g

Jaipur, Lucknow & Chandigarh

• 24K Gold: ₹103,190 per 10g

• 22K Gold: ₹94,600 per 10g

Ahmedabad & Bhopal

• 24K Gold: ₹103,090 per 10g

• 22K Gold: ₹94,500 per 10g

Hyderabad

• 24K Gold: ₹103,040 per 10g

• 22K Gold: ₹94,450 per 10g

Why Gold Prices Are Rising

The current price rally is supported by multiple factors:

1. Global Economic Uncertainty – Weak economic data from major economies and geopolitical tensions have driven investors toward gold as a safe-haven asset.

2. Currency Movement – The weakening of the Indian Rupee against the US Dollar increases the cost of imported gold.

3. Seasonal Demand – The upcoming festive and wedding season in India traditionally boosts gold purchases, creating upward pressure on prices.

4. International Gold Trends – A strong rally in global bullion markets has been mirrored domestically.

Silver Prices Also Climb Sharply

Gold isn’t the only precious metal gaining value. Silver prices have jumped by ₹4,000 per kilogram in just one week. As of August 10, 2025, silver stands at ₹117,000 per kg. On August 9, in the Indore bullion market, silver prices increased by ₹100, closing at ₹116,500 per kg.

Key Takeaways for Buyers and Investors

• Investment Outlook – Gold’s consistent long-term growth makes it a reliable hedge against inflation and currency depreciation.

• Short-Term Trend – Prices may remain elevated in the near term, driven by strong domestic demand and ongoing global market uncertainties.

• Buying Advice – For those purchasing gold for weddings or festive occasions, buying in smaller quantities over time may help manage costs during price surges.

Gold continues to hold its position as one of the most trusted forms of wealth in India. With prices hitting record highs and demand showing no signs of slowing down, both investors and consumers should keep a close eye on market trends before making purchasing decisions.