Gold Rate in India Drops Ahead of Ganesh Chaturthi 2025; Check Latest Gold and Silver Prices On Aug 25

Gold prices in India slipped slightly on Monday after recording gains in the previous sessions. With the festive season officially here and Ganesh Chaturthi beginning on August 27, demand for gold and silver jewellery is expected to rise sharply across the country. This festive buying trend could further increase the overall demand for the yellow metal in the coming weeks. In the global market, gold rates also edged lower, slipping below $3,400 per ounce, after a dovish stance by the US Federal Reserve Chair.

Gold Rate in India Today

On 25th August, the 24-carat gold rates in India slipped by Rs. 110 per 10 grams to cost Rs. 101,510. While the 22-carat gold price in India fell by Rs. 100 per 10 grams, to cost Rs. 93,050. In the 18-carat gold rates jumped by Rs. 74 to retail at Rs. 76,140 per 10 grams.

And just like that, 100 grams of 24-carat gold stands at Rs. 10,15,100, and the 22-carat gold rate is currently at Rs 9,30,500 per 100 grams of yellow metal.

Market Outlook Ahead For Gold & Silver

"As the festive season kicks off, we're entering a golden phase-literally. Despite price fluctuations, gold continues to shine as both an emotional and financial investment. We expect a 20-30% growth in gold sales, driven by strong consumer sentiment and a wide range of lightweight and bridal collections tailored to every budget. Silver is also seeing a resurgence, especially among younger buyers who value its affordability and versatility. And with rising awareness around sustainability, lab-grown diamonds and designer pieces are gaining traction. said Rajesh Rokde, Chairman, GJC.

According to a Nirmal Bang Securities Coverage, "Gold prices are expected to rise. One can buy at 100100 with a stop loss of 99800 for the target at 100500-100800."

Silver prices in India today

On the contrary, Silver rates in India today jumped slightly. 1 kg of silver in India gained Rs. 1000 to cost Rs. 1,21,000. While 100 g of silver rates in India retail at Rs 12,100, which jumped by Rs 100.

City-Wise Gold Rates: Latest 22-Carat & 24-Carat Prices Across India

The latest gold prices for 22-carat and 24-carat gold in major Indian cities are similar to national gold prices on August 25th.

Gold Price in Chennai

Gold Price in Bangalore

Gold Price in Hyderabad

Gold Price in Mumbai

MCX Gold Price and Silver Price

On MCX, gold & silver futures prices also decline slightly today. Gold futures are trading at Rs. 100,351 per 10 grams after slipping 0.13%. Similarly, silver futures, with an expiry date of September 5th, dropped today by 0.02% to trade at Rs 116,210 per kg at the time of writing.

Spot Gold Price and Spot Silver Price on Monday

Gold in the international bourses traded at $3,363.60, down by 0.20% as per Kitco. While the spot silver is currently at $38.80, up 0.10%.

"Spot Gold is likely to move higher towards $3400 amid a soft dollar and weakness in the US treasury yields. Increasing prospects of 2 rate cuts by the US Federal Reserve this year after dovish comments from the US Fed chair would support the bullion to trade higher. Further, precious metals continue to seek support from geopolitical uncertainty and higher US tariffs." As per the ICICI Commodity Report.

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