Gold prices have seen fluctuations today, October 11, 2025, in major Indian cities. Here's a breakdown of the current rates for 22 and 24 Carat gold in Delhi, Mumbai, Pune, and other cities, along with factors influencing these changes.
Delhi
In Delhi, the gold rates today are as follows: * 24 Carat Gold: ₹12,244 per gram (decrease of ₹-186 from yesterday) ; ₹1,24,333 per 10 gram. * 22 Carat Gold: ₹11,220 per gram (decrease of ₹-175 from yesterday); ₹1,13,983 per 10 gram. * 18 Carat Gold: ₹9,187 per gram (decrease of ₹-139 from yesterday).
Mumbai
The gold rates in Mumbai are currently:
- 24 Carat Gold: ₹12,229 per gram (decrease of ₹-186 from yesterday); ₹1,23,727 per 10 gram.
- 22 Carat Gold: ₹11,210 per gram (decrease of ₹-170 from yesterday); ₹ 1,13,417 of 10 gram.
- 18 Carat Gold: ₹9,172 per gram (decrease of ₹-139 from yesterday).
Pune
In Pune, the gold rates are:
- 24 Carat Gold: ₹12,229 per gram (decrease of ₹-186 from yesterday).
- 22 Carat Gold: ₹11,210 per gram (decrease of ₹-170 from yesterday).
- 18 Carat Gold: ₹9,172 per gram (decrease of ₹-139 from yesterday).
Factors Influencing Gold Prices
Several global and local factors influence the daily fluctuations in gold rates. These include:
- Global Market Trends: International market trends play a significant role in determining gold prices in India.
- Currency Value: Fluctuations in currency values, particularly the Indian Rupee against the US dollar, can impact gold rates.
- Demand and Supply: The demand for gold during the festival and wedding seasons can push prices higher. Conversely, increased supply can lead to a decrease in prices.
- Geopolitical Factors: Global events such as political instability or economic uncertainty can drive investors towards gold as a safe haven, increasing demand and prices.
Analysis of Price Trends
Today's gold rates in Delhi, Mumbai and Pune indicate a decrease compared to yesterday's rates. Overall performance of gold this month has been rising. Investors and consumers should stay updated on these trends to make informed decisions.
Investment Advice
Financial Express reports analysts expect some corrections in prices in the near term due to profit booking, but maintain a bullish outlook on gold and silver prices over the long-term.
Other Indian Cities
While specific rates for other cities aren't detailed here, the trends in Delhi, Mumbai, and Pune often reflect broader patterns across India. Local jewelers and financial websites provide city-specific gold rates.