Gold and silver prices declined in India today (October 30, 2025), tracking a softening trend in international markets as investors awaited key signals from the U.S. Federal Reserve and shifts in the global dollar index.
Spot gold prices fell by around ₹250 per 10 grams, while silver dropped nearly ₹400 per kilogram, reflecting reduced buying sentiment among traders and investors.
Latest Price Snapshot
Gold (24K): ₹63,800 per 10 grams (↓ ₹250)
Gold (22K): ₹58,500 per 10 grams (↓ ₹220)
Silver: ₹76,200 per kg (↓ ₹400)
Prices vary slightly across cities due to local taxes, logistics, and making charges.
| City | 22K Gold (₹/10g) | 24K Gold (₹/10g) | Silver (₹/kg) |
|---|---|---|---|
| Delhi | 58,650 | 63,950 | 76,400 |
| Mumbai | 58,500 | 63,800 | 76,200 |
| Chennai | 58,700 | 64,100 | 76,900 |
| Kolkata | 58,480 | 63,760 | 76,300 |
Why Are Gold and Silver Prices Falling?
The decline is primarily attributed to:
Global Market Weakness: International gold rates dipped as the U.S. dollar strengthened and Treasury yields edged higher.
Investor Caution: Traders are awaiting key economic indicators from the U.S., which may determine the timing of potential interest rate adjustments.
Profit Booking: Domestic traders are taking profits after last week’s rally, leading to mild corrections.
In global markets, spot gold was trading around $2,330 per ounce, while silver hovered near $26.8 per ounce.
What Analysts Say
Market experts note that despite short-term volatility, gold continues to act as a safe-haven asset, especially amid geopolitical tensions and inflation uncertainty.
“The current dip is technical in nature. If the U.S. Federal Reserve maintains a dovish tone, gold could rebound in the medium term,” said a commodities analyst at a leading brokerage firm.
Investment Outlook
Short-term: Volatile; traders should watch for Fed announcements.
Medium-term: Positive bias due to inflation concerns and central bank buying.
Long-term: Remains a hedge against geopolitical risks and currency weakness.
Investors are advised to buy on dips and maintain a diversified portfolio with moderate gold exposure (10–15%).
FAQs
1. Why did gold prices fall today in India?
Prices fell due to global market corrections and a stronger U.S. dollar.
2. Should investors buy gold now?
Analysts suggest buying small quantities during dips for long-term gains.
3. Will silver prices rise again?
Silver remains volatile but could benefit from industrial demand recovery.
4. What affects gold prices in India?
Global trends, rupee-dollar exchange rate, import duty, and inflation expectations.
Published on : 31st October
Published by : SMITA
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