Gold Today Rate, October 15: Check 18, 22 and 24 Carat Gold prices Bengaluru, Chennai, Delhi And Other Cities

Gold prices in India have been reaching new heights, setting records multiple times a week since August. On October 15, gold hit another all-time high for the second day in a row. This trend is driven by geopolitical tensions, ongoing US-China trade issues, and the extended US government shutdown affecting investor sentiment. The festive season in India has also contributed to this upward movement in gold valuations.

The yellow metal is widely regarded as a hedge against inflation. In India, 24-carat gold is the most expensive and is often chosen for investment purposes. Meanwhile, 22-carat and 18-carat gold are more commonly used for making jewellery.

The price of gold in India today is ₹12,889 per gram for 24 karat gold, ₹11,815 per gram for 22 karat gold and ₹9,697 per gram for 18 karat gold (also called 999 gold).

Gold and Silver Prices - October 15, 2025

Chennai

Gold bullion: ₹1,27,090 / 10 gm

MCX Gold: ₹1,26,773 / 10 gm

Silver bullion: ₹1,60,590 / kg

MCX Silver 999: ₹1,60,274 / kg

Kolkata

Gold bullion: ₹1,26,550 / 10 gm

MCX Gold: ₹1,26,773 / 10 gm

Silver bullion: ₹1,59,920 / kg

MCX Silver 999: ₹1,60,274 / kg

Bengaluru

Gold bullion: ₹1,25,630 / 10 gm

MCX Gold: ₹1,26,820 / 10 gm

Silver bullion: ₹1,60,250 / kg

MCX Silver 999: ₹1,60,274 / kg

Mumbai

Gold bullion: ₹1,26,720 / 10 gm

MCX Gold: ₹1,26,773 / 10 gm

Silver bullion: ₹1,60,130 / kg

MCX Silver 999: ₹1,60,274 / kg

Silver Rates and Market Trends

Silver prices also saw a significant increase on Tuesday.

The price of silver in India today is ₹190 per gram and ₹1,90,000 per kilogram.

Gold and Silver Market Outlook

Despite easing geopolitical tensions and a stronger US dollar, gold prices in India continue to break records. Investors remain cautious due to the fragile nature of these issues and continue investing in gold. Prices are expected to stay high as long as central banks keep purchasing gold and inflows into gold-backed ETFs remain robust.

"Despite these developments, markets remain cautious because these issues are still fragile. As a result, many investors are playing it safe and continuing to invest in gold. Prices are likely to stay elevated as long as central banks keep buying gold and inflows into gold-backed ETFs remain strong. For investors who have already made significant gains, it may be a good time to consider taking some profits at these high levels," noted Darshan Desai, CEO - Aspect Bullion & Refinery.

The continuous rise in India's gold rates reflects international trends where investors hoard precious metals amid escalating US-China trade tensions and anticipated US Fed rate cuts.