
Buying Gold Before Diwali? Here Is Something You Shoukd Know-
As we all know that Diwali is just around the corner coming up in october this year, gold prices are surprisingly steady right now. This is the only calm which comes as some good news on the global geopolitical front, and especially with easing tensions around the Russia-Ukraine war situation.
As and investor of gold, Investors seem cautiously hopeful, which is keeping gold from jumping too much despite the usual festive demand in India. On a side note, the gold price are determined by various factors and not just festival demands.
Gold futures have very slightly moved recently, and a stable rupee along with easing inflation is helping keep prices in affordable and in pocket. That’s great for anyone looking to buy gold without facing those heavy price hikes we often see during this season.
But remember, as Diwali is getting closer, the demand for gold and silver will pick up and prices could start rising quickly. So, if you’re planning to buy gold or silver for the festival, it might be smart and helpful to keep an eye on prices now and consider buying sooner rather than later to avoid paying more later on.
As of August 19, 2025, gold prices on the Multi Commodity Exchange (MCX) are showing mild to little fluctuations. The current rate for October contracts is between ₹99,440.00 and ₹1,00,032 per 10 grams, slightly below the previous close of the day yesterday at ₹99,401.
Today’s Gold trading session opened at ₹99,960, this indicated a cautious start amid global uncertainty and investor caution. The day’s trading range so far has been between ₹98,250 and ₹98,620. This dip shows consolidation after recent gains, as traders wait for global economic cues, which includes the US Fed’s Jackson Hole symposium. According to data Investors continue to watch inflation, interest rates, and geopolitical developments.
As of August 19, 2025, MCX silver futures are trading lower. Silver Futures (Sep 5) is at ₹1,13,600, down ₹153. SilverM and SilverMIC (Aug 29) are at ₹1,13,382 and ₹1,13,378 respectively. Spot silver prices vary, ranging from ₹1,13,900 to ₹1,17,100 per kg across sources.
DELHI
| City | 24K Gold Price | 22K Gold Price |
|---|---|---|
| Delhi | ₹10,090 | ₹9,375 |
| Noida | ₹10,090 | ₹9,375 |
| Lucknow | ₹10,136.30 | ₹9,293.30 |
| Chennai | ₹10,075 | ₹9,275 |
| Mumbai | ₹10,117 | ₹9,274 |
| Kolkata | ₹10,118 | ₹9,275 |
| Bangalore | ₹10,135.20 | ₹9,292.20 |
| Hyderabad | ₹10,075 | ₹9,235 |
| Kerala | ₹10,117 | ₹9,274 |
| Pune | ₹10,118 | ₹9,275 |
| Vadodara | ₹10,122 | ₹9,279 |
| Ahmedabad | ₹10,122 | ₹9,279 |
| Gurgaon | ₹10,133 | ₹9,290 |
| Faridabad | ₹9,844 | ₹9,375 |
| City | Silver Price (₹/kg) |
|---|---|
| Delhi | ₹1,17,100 |
| Noida | ₹1,13,930 |
| Lucknow | ₹1,13,930 |
| Chennai | ₹1,27,100 |
| Mumbai | ₹1,17,100 |
| Kolkata | ₹1,17,100 |
| Bangalore | ₹1,17,100 |
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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