As India celebrates Dhanteras 2025, one of the most auspicious days for buying gold and silver, the festive enthusiasm meets a surprising twist — precious metal prices have softened. After a recent surge, both gold and silver prices have cooled down, bringing some relief for buyers planning to make festive purchases today.

Gold Prices Turn Softer on Dhanteras

According to market updates, gold prices fell in major cities, including Delhi, Mumbai, Chennai, and Kolkata. In the national capital, 24-carat gold dropped by ₹1,910 per 10 grams, while 22-carat gold declined by ₹1,750 per 10 grams. This comes just a day after gold prices had seen a sharp rise of ₹3,330 (24-carat) and ₹3,050 (22-carat) per 10 grams.

Experts say the price correction could attract more festive buyers today, as Dhanteras is considered a highly auspicious day to purchase gold and silver. Despite the recent fluctuations, the precious metal continues to hold its traditional charm for Indian households, symbolizing prosperity and wealth.

Silver Prices Fall for the Third Consecutive Day

Silver, too, has lost some of its luster. The white metal’s price has fallen for the third consecutive day, dropping sharply in Delhi by ₹13,000 per kilogram today alone. In total, silver prices have slipped ₹18,000 per kilogram over the past three days, after previously gaining ₹10,000 in the earlier week.

As of October 18, 2025, silver is trading at ₹1.72 lakh per kilogram in Delhi. Similar rates are seen in Mumbai and Kolkata, while Chennai continues to record the highest silver price at ₹1.90 lakh per kilogram, making it the costliest among the four major metros.

City-Wise Gold Rates on Dhanteras 2025

If you’re planning to buy gold this Dhanteras, here’s a look at the latest prices across major cities:

• Delhi: 22-carat gold at ₹1,20,100 per 10 grams; 24-carat gold at ₹1,31,010 per 10 grams




• Mumbai: 22-carat gold at ₹1,19,500; 24-carat gold at ₹1,30,370 per 10 grams




• Kolkata: 22-carat gold at ₹1,19,500; 24-carat gold at ₹1,30,370 per 10 grams




• Chennai: 22-carat gold at ₹1,19,500; 24-carat gold at ₹1,30,370 per 10 grams




• Bengaluru & Hyderabad: 22-carat gold at ₹1,19,950; 24-carat gold at ₹1,30,860 per 10 grams




• Patna: 22-carat gold at ₹1,20,000; 24-carat gold at ₹1,30,910 per 10 grams




• Lucknow: 22-carat gold at ₹1,20,100; 24-carat gold at ₹1,31,010 per 10 grams




• Ahmedabad: 22-carat gold at ₹1,20,000; 24-carat gold at ₹1,30,910 per 10 grams




• Jaipur: 22-carat gold at ₹1,20,100; 24-carat gold at ₹1,31,010 per 10 grams

These rates may vary slightly across local markets depending on demand, jeweler margins, and local taxes.

Why Gold Prices Are Softening

The slight decline in gold prices ahead of Dhanteras can be attributed to global market movements and currency fluctuations. Analysts suggest that a stronger U.S. dollar and easing international gold prices have impacted domestic rates. However, traders believe this temporary dip might boost festive buying across India, especially among retail customers who view Dhanteras as a lucky day for new purchases.

Financial experts also point out that gold remains a long-term wealth protection asset, especially during times of inflation and market volatility. Even with short-term corrections, the metal has historically provided stable returns and portfolio diversification.

Silver’s Decline: A Temporary Trend?

While silver prices have fallen for three straight days, market watchers expect a rebound soon. Industrial demand for silver — especially from renewable energy and electronics sectors — remains strong, which could limit further declines. For now, the softer rates present a golden opportunity for buyers to add silver to their investment portfolios during the festive season.

Final Takeaway

This Dhanteras 2025, gold and silver buyers have reason to smile. With prices cooling off after weeks of rallying, festive shoppers can make their purchases at more comfortable rates. However, as always, experts recommend comparing rates and purity before buying and ensuring purchases are made from certified and trusted jewelers.

While traditions continue, the market this year has given investors and buyers alike a pleasant surprise — precious metals that are not just auspicious but also more affordable.

Disclaimer: The price trends and expert opinions mentioned above are based on market reports. Investors and buyers are advised to verify rates locally and seek certified financial advice before making any investment decisions.