Diwali Dazzle: MCX Gold And Silver Prices Today Hit Fresh Highs As Precious Metals Rally Across India, Check Rates In Your City!

As of Octoer 9, 2025, MCX Gold Futures

MCX Gold December futures were quoted at ₹1,22,789 per 10 grams by 9:15 am on October 9, 2025, down 0.34% from the previous close. This decline comes amid profit booking after gold recorded its strongest gain in the previous session. On October 8, MCX Gold December futures reached an all-time high of ₹1,23,450 per 10 grams.

The gold index had hit ₹1,21,949 at 9:11 am, ₹1,22,000 at 9:45 am, and ₹1,22,165 later in the session. Speculation about a possible US Federal Reserve interest rate cut, combined with a weakening US dollar and ongoing global political and economic uncertainties, are the key factors driving the strong performance of gold prices this year and increasing investor demand for safe-haven assets such as gold.

As of Octoer 9, 2025, Silver Futures Prices On The MCX

The December contract market in the Multi Commodity Exchange (MCX) silver futures is doing rather well at ₹1,49,940. Today, the price reached a record level of ₹1,50,282, which is a new all-time high. The sharp rally, however, is expected to be followed by a temporary correction of around 5%, as predicted by some analysts. The silver price is also above the major moving averages, which is a positive sign indicating strong momentum. However, investors should be cautious about taking new long positions since there has been volatility over the past few days.

The increase in silver prices is backed by high investment demand, as investors turn to safe-haven assets amid global uncertainties and rising inflation levels. Additionally, strong industrial demand from the electronics, solar energy, and automotive manufacturing industries supports silver prices, as it is an important component in these sectors.

City	24K Gold Price (₹/10g)	22K Gold Price (₹/10g)	18K Gold Price (₹/10g)
National Avg	₹1,23,940	₹1,13,610	₹92,960
Chennai	₹1,24,210	₹1,13,860	₹92,670
Mumbai	₹1,23,940	₹1,13,610	₹92,400
Delhi	₹1,24,300	₹1,13,950	₹93,260
Kolkata	₹1,23,940	₹1,13,610	₹92,280
Bangalore	₹1,23,940	₹1,13,610	₹92,475
Hyderabad	₹1,23,940	₹1,13,610	₹92,550
Kerala	₹1,23,940	₹1,13,610	₹92,685
Pune	₹1,23,940	₹1,13,610	₹92,400
Vadodara	₹1,23,990	₹1,13,660	₹92,520
Ahmedabad	₹1,23,990	₹1,13,660	₹92,520
Ghaziabad	₹1,24,090	₹1,13,760	₹93,110
Jaipur	₹1,23,180	₹1,12,915	₹92,385
Noida	₹1,24,090	₹1,13,760	₹93,110

City	Silver Rate Today (Per Kg)
Chennai	₹1,70,100
Hyderabad	₹1,70,100
Kerala	₹1,70,100
Delhi	₹1,60,100
Mumbai	₹1,60,100
Kolkata	₹1,60,100
Bangalore	₹1,60,100
Pune	₹1,60,100
Vadodara	₹1,60,100
Ahmedabad	₹1,60,100
Gurgaon	₹1,61,000
Meerut	₹1,60,100
Ghaziabad	₹1,60,100

Diwali Dazzle: MCX Gold And Silver Prices Today Hit Fresh Highs As Precious Metals Rally Across India, Check Rates In Your City!

Gold Price Today: Gold and silver prices hit record highs amid Diwali and wedding season demand. Market optimism, geopolitical tensions, and investment demand drive precious metals higher. Check latest MCX rates across major Indian cities.

Gold Price Today: Gold And silver Rates on MCX – October 9, 2025

As of Octoer 9, 2025, MCX Gold Futures

As of Octoer 9, 2025, Silver Futures Prices On The MCX

Gold Price Today In India

Gold Price Today (24K & 22K) in Major Indian Cities (Per Grams)

Silver Price Today In India

Recent Posts