Gold and silver prices in India fell today, Monday, October 27, 2025, tracking a decline in global markets. The drop follows gold’s biggest weekly decline since mid-August, primarily due to positive developments regarding a potential US-China trade deal and a strengthening US dollar, which reduces demand for safe-haven assets.
Key Market Movements (as of October 27, 2025)
The prices for gold and silver on the Multi Commodity Exchange (MCX) and in the spot market showed a distinct dip:
| Commodity | Exchange Rate | Spot Market Movement | Key Driver |
| MCX Gold | Fell 1.31% to ₹1,21,822 per 10 gm | Declined 1.3% to near $4,058 an ounce | Trade deal optimism, stronger dollar |
| MCX Silver | Declined 3.09% to ₹1,42,910 per kg | Extended last week’s drop of 6.3% | Reduced safe-haven demand |
Despite the recent pullback from its record high of just over $4,380 an ounce last week, gold is still up approximately 55% this year. Analysts note that the prospect of loose fiscal and monetary policy going forward is expected to keep the metal’s long-term uptrend intact.
City-wise Gold and Silver Rates (October 27, 2025)
Here is a summary of the prices for 24-Karat Gold per 10 grams and Silver per kilogram across major Indian cities today:
| City | 24K Gold (₹/10g) | Silver (₹/kg) |
| Mumbai | 1,24,480 | 1,55,000 |
| Delhi | 1,24,630 | 1,55,000 |
| Bengaluru | 1,24,480 | 1,57,000 |
| Chennai | 1,24,910 | 1,70,000 |
| Kolkata | 1,24,480 | 1,55,000 |
| Hyderabad | 1,24,480 | 1,70,000 |
| Ahmedabad | 1,24,530 | 1,55,000 |
| Pune | 1,24,480 | 1,55,000 |
| Jaipur | 1,24,630 | 1,55,000 |
| Lucknow | 1,24,630 | 1,55,000 |
Note: Chennai and Hyderabad recorded the highest prices for Silver at ₹1,70,000 per kg.