Gold Rate Today October 15 2025 Delhi Mumbai Prices: Gold, the timeless safe-haven asset, continues to shine amid global uncertainties, serving as a hedge against inflation and geopolitical tensions for investors, jewelers, and households in India. On October 15, 2025, the yellow metal surged to an all-time high, driven by escalating US-China trade frictions and expectations of Federal Reserve rate cuts, underscoring its role in diversified portfolios. Market participants, including central banks and retail buyers gearing up for festive demand, closely track these fluctuations, with the Multi Commodity Exchange (MCX) and international spot prices reflecting broader economic signals from bodies like the US Fed and global trade watchers.
The MCX gold opened at Rs 1,26,915 per 10 grams, up 0.52 percent from the previous close, peaking at Rs 1,27,500 before settling at Rs 1,26,835—a 0.46 percent gain. Globally, spot gold climbed 0.4 percent to $4,155.99 per ounce, with US futures up 0.3 percent to $4,174.30, marking a 55 percent year-to-date rise. City-wise, 24K gold per gram ranged from Rs 11,889 in Mumbai to Rs 11,984 in Ahmedabad, while 22K hovered between Rs 10,815 and Rs 10,860.
Surge Explained: Global Tensions and Festive Momentum Fuel Record Highs
The yellow metal’s ascent on October 15, 2025, stems from heightened US-China trade tensions, including potential reductions in trade links and retaliatory tariffs, bolstering its safe-haven appeal. Anticipation of US Federal Reserve rate cuts, alongside persistent geopolitical risks, central bank purchases, and robust exchange-traded fund inflows, propelled prices upward, with MCX gold breaching Rs 1,27,000 per 10 grams for the first time.
In India, festive fervor ahead of Diwali amplified domestic demand, pushing local rates to record levels. Spot gold’s global peak at $4,179.48 earlier in the week set the tone, translating to elevated MCX benchmarks and city jeweler quotes, where variations arise from making charges and taxes.
City Spotlight: 24K and 22K Gold Prices Per Gram on October 15
Local markets mirrored the national uptick, with 24K gold per gram leading in Ahmedabad at Rs 11,984, closely followed by Chennai at Rs 11,938. Delhi recorded Rs 11,904, while Mumbai, Bengaluru, Kolkata, Pune, and Hyderabad aligned at Rs 11,889, reflecting uniform demand surges. For 22K, Chennai topped with Rs 10,860, Delhi at Rs 10,830, and the rest at Rs 10,815 (Ahmedabad Rs 10,820), offering options for lighter investments amid the rally.
These rates, per 10 grams equivalents like Rs 1,19,380 for 24K in Chennai, guide buyers on festive buys, with jewelers advising certified purchases for authenticity.
Investment Wisdom: Navigating the Rally and Future Trends
As gold nears Rs 1,28,000 thresholds, experts recommend diversified holdings for long-term gains, balancing with equities amid rate cut optimism. Festive sales may temper highs, but sustained global risks signal potential for further climbs into November.
This record rally reaffirms gold’s resilience, blending tradition with timely strategy. Investors should consult MCX updates or presswire for real-time quotes.
