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Gold Rate Today, October 20: In Mumbai, the price of 24-carat gold stood at Rs 1,32,780 per 10 grams, while 22k gold was available at Rs 1,21,710 per 10 grams.
Gold Rate Today, October 2025.
Gold Rate Today, October 20: Gold and silver on Monday fell on profit-booking, after a huge buying in bullion on the auspicious day of Dhanteras on Saturday. In Mumbai, the price of 24-carat gold stood at Rs 1,32,780 per 10 grams, while 22k gold was available at Rs 1,21,710 per 10 grams. These rates do not include GST and making charges.
Silver was available at Rs 1,84,900 per kg.
On the MCX, gold was trading higher by 0.35% at Rs 1,27,458 per 10 grams for the December 5, 2025, contracts. However, silver was also down by 0.65% to trade at Rs 1,55,590 per kg in the morning trade.
India celebrates Diwali 2025 on Monday, October 20. Diwali, also known as the Festival of Lights, is one of India’s most widely celebrated festivals, symbolising the triumph of light over darkness and good over evil. The festival is marked by the lighting of diyas, decorating homes, exchanging sweets, and bursting firecrackers. It holds religious significance for Hindus, commemorating Lord Rama’s return to Ayodhya after defeating Ravana, and is also celebrated by Jains, Sikhs, and Buddhists with their own spiritual interpretations. Beyond its religious essence, Diwali has become a celebration of togetherness, prosperity, and renewal — a time when families clean and adorn their homes, businesses start new financial years, and people pray for wealth and well-being.
In the international market, spot gold prices stood at $4,256.7 per ounce, gaining 0.09% over the previous close.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 20?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,19,990 | Rs 1,31,000 |
| Jaipur | Rs 1,20,090 | Rs 1,31,000 |
| Ahmedabad | Rs 1,21,760 | Rs 1,30,900 |
| Pune | Rs 1,19,940 | Rs 1,30,850 |
| Mumbai | Rs 1,19,940 | Rs 1,30,850 |
| Hyderabad | Rs 1,19,940 | Rs 1,30,850 |
| Chennai | Rs 1,19,940 | Rs 1,30,850 |
| Bengaluru | Rs 1,19,940 | Rs 1,30,850 |
| Kolkata | Rs 1,19,940 | Rs 1,30,850 |
Silver Market Faces Shortage
India’s unprecedented silver buying spree in the ongoing festival season is sending ripple effects worldwide, with London grappling with severe shortages, according to a report of Bloomberg News. This festival season Indian investors are rushing to buy silver-based jewelleries, leading to a crunch of physical silver.
The Bloomberg report added that in the long-term perspective, silver demand is outstripping supply by 678 million ounces due to solar industry.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
October 20, 2025, 09:11 IST
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