Dhanteras 2025: Gold Prices Surge Across India. Check Rates Here
As India gears up to celebrate Dhanteras on Saturday, October 18, 2025, gold prices have surged to record highs across the country. This auspicious festival, marking the beginning of the five-day Diwali celebrations, is traditionally considered an ideal time to invest in gold and silver, symbolizing wealth, prosperity, and good fortune.
Current Gold Rates
As of today, October 18, 2025, the gold rates in major Indian cities are as follows:
- 24 Carat Gold (per 10 grams): ₹1,32,953 in Delhi, ₹1,33,121 in Chennai, ₹1,32,807 in Mumbai, ₹1,32,805 in Kolkata, ₹1,32,813 in Pune and ₹1,32,795 in Bengaluru.
- 22 Carat Gold (per 10 grams): ₹1,21,883 in Delhi, ₹1,22,031 in Chennai, ₹1,21,737 in Mumbai, ₹1,21,735 in Kolkata, ₹1,21,743 in Pune and ₹1,21,725 in Bengaluru.
- 24 Karat Gold (per gram): ₹13,278.
- 22 Karat Gold (per gram): ₹12,171.
- 18 Karat Gold (per gram): ₹9,959.
These rates are indicative and may vary slightly depending on the jeweler, location, and making charges.
Factors Influencing the Price Surge
Several factors have contributed to the rise in gold prices:
- Global Economic Uncertainty: Economic instability and geopolitical tensions have increased demand for gold as a safe-haven asset.
- Inflation: Rising inflation rates diminish the value of currency, prompting investors to turn to gold as a hedge against inflation.
- Weakening Rupee: A weaker Indian Rupee against the US dollar makes gold imports more expensive. Since India imports a significant portion of its gold, currency exchange rates play a vital role in determining local prices.
- Seasonal Demand: The wedding and festive season in India typically sees a surge in gold demand, further driving up prices.
- US Government Shutdown Concerns: Concerns over a potential US government shutdown have also contributed to the increased demand for safe-haven assets like gold.
- Import Duties: Government taxes such as import duties and the Goods and Services Tax (GST) levied on imported gold also impact prices in India.
Significance of Dhanteras
Dhanteras, also known as Dhantrayodashi, holds immense cultural and spiritual significance. It marks the beginning of Diwali and is celebrated to honor Lord Dhanvantari, the god of health and medicine, and Goddess Lakshmi, the goddess of wealth and prosperity. Buying gold, silver, or utensils on this day is believed to bring good luck, wealth, and prosperity into the home.
What to Buy and What to Avoid
On Dhanteras, it is considered auspicious to buy gold and silver in the form of coins, jewelry, or utensils. New utensils made of brass, copper, or steel are also popular choices. Many people also purchase idols of Goddess Lakshmi and Lord Ganesha.
However, certain items should be avoided on Dhanteras, including iron items, aluminum utensils, sharp objects, and empty containers, as they are believed to attract misfortune.
Smart Shopping Tips
- Plan Purchases Early: To avoid price surges and delays due to the festive rush, plan your purchases in advance.
- Set a Budget: It's important to set a budget and avoid overspending.
- Choose Hallmarked Gold and Certified Silver: Ensure the authenticity and long-term value of your purchases by choosing hallmarked gold and certified silver.
- Buy Useful Items: Opt for items that bring both joy and utility.
- Check Trusted Stores: Avoid impulsive deals online and check trusted stores and seller ratings.
- Verify Purity: Before buying gold, it is important to verify its purity.
- Understand Making Charges: Be sure to understand the making charges involved in the purchase.
Despite the high prices, the tradition of buying gold on Dhanteras remains strong in India, driven by cultural beliefs and the expectation of lasting prosperity.
