On Tuesday, October 15, 2025, gold and silver prices hit new maximum levels as global investors constantly looking for safe-haven assets due to rising US-China trade tensions and the anticipation of more interest rate cuts by the US Federal Reserve later this year.
Gold and silver futures prices reached new record breaking levels according to the data from the Multi Commodity Exchange (MCX) with gold futures amounting to ₹1,25,198 per 10 grams and silver prices rising to ₹1,58,247 per kilogram in early trading hours.
🌍 Why Are Gold Prices Rising?
Experts attribute the rally to:
- Heightened geopolitical uncertainty due to the US-China trade standoff.
- A declining US dollar, making gold and silver more attractive globally.
- Rising demand for safe-haven assets as global stock markets show volatility.
Gold prices in India have jumped nearly 56% in 2025, and an astonishing 1,200% over the past two decades — from ₹7,638 per 10 grams in 2005 to over ₹1,00,000 in 2025.
Silver has followed a similar trajectory, surging more than 669% and consistently staying above the ₹1 lakh mark for months.
📊 Gold and Silver Prices in Major Cities (October 15, 2025)
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | Silver (₹/kg) |
|---|---|---|---|
| Delhi | ₹1,25,150 | ₹1,15,124 | ₹1,57,580 |
| Mumbai | ₹1,25,370 | ₹1,15,124 | ₹1,57,850 |
| Chennai | ₹1,25,890 | ₹1,15,124 | ₹1,58,680 |
| Bengaluru | ₹1,25,630 | ₹1,15,124 | ₹1,58,340 |
| Hyderabad | ₹1,25,730 | ₹1,15,124 | ₹1,58,470 |
| Kolkata | ₹1,25,360 | ₹1,15,124 | ₹1,58,010 |
Note: Retail rates may vary due to making charges, GST, and local taxes imposed by individual jewellers.
💬 Expert Take
If global trade tensions keep going on and the US dollar continues to fall, analysts think that gold might stay bullish throughout the whole year. Silver, which is usually perceived as a mix of a precious and an industrial metal, can attract both safe-haven demand and manufacturing activity retreatment optimism.
📈 Outlook
With festive and wedding seasons approaching in India, consumer demand is expected to rise, adding further momentum to prices already supported by strong global cues.
