Gold Rate Today: Latest Prices, Reasons for Buying, Tips, and Investment Options for October 17, 2025
The demand for gold generally rises during the festive season; hence it is common to see an increase in prices. Here is a summary of today’s average rates, gold rate differences between 24K and 22K, reasons why prices keep fluctuating, what best to consider while buying gold, and investment options for the present day.
Gold Rate Today
24 carat (pure gold): ₹1,26,150 per 10 grams
22 carat (jewelry gold): ₹1,15,560 per 10 grams
These rates are based on average market prices across key cities in the country and updated today as per industry standards. However, the actual prices may show slight variation depending on the city, store, and manufacturing charges.
What is the Difference between 24-carat and 22-carat gold?
24K gold is considered approximately 99.9% pure and, hence, is softer; therefore, it is not directly applied to making jewelry.
22K gold, however, is mixed with very small amounts of other metals like copper and silver. They give strength for jewelry making; hence, the 22K gold in jewelry fashion is highly appealing.
Why Gold Prices Keep Fluctuating?
- International market: Fluctuations in global gold prices affect the Indian market directly.
- Rupee-Dollar exchange rate: Higher dollar rates make imports of gold more expensive.
- Demand and supply: During festival or wedding seasons, the demand increases; if the supply is low, prices go up.
- Government taxes/import duties: Higher duties will only add to the prices.
- Geopolitical and economic uncertainty: In times of increasing risk aversion, investors turn towards gold, lifting its prices.
What to Look for When Buying Gold
- BIS Hallmark (22K916 mark for 22K) must be checked.
- Ensure gold rate, weight (net weight), making charges, and GST are clearly mentioned on the bill.
- Check for the carat – 22K or 24K as applicable to your need.
- Buy from a reputable jeweler and ask for the return/buyback policy.
- Get separate confirmation on net weight of gold in case of jewelry with stones or diamonds.
Modern Gold Investment Options
- Sovereign Gold Bond (SGB): A fixed interest rate with gold price; preferred for indexation/tax benefits upon maturity.
- Gold ETF: Can be bought and sold on the exchange via demat; liquidity is good.
- Gold Mutual Fund: Instead of investing directly in ETFs, invest through the fund route.
- Digital Gold: Start with small amounts, carefully read storage/spread terms.
These options take care of storage concerns and provide better liquidity. Know the expense ratio, spread, charges, and the associated risk while investing.
Quick Example: Effect of Making Charges
Let the price of 22K gold be ₹1,15,560 for 10 grams.
If the jeweler charges a 10% making charge, then the effective price of the jewelry will be approximately ₹1,27,116 (exclusive of GST).
So, check and compare making charges and buyback rates in different outlets.
Conclusion
Gold has always served as a safe and stable asset in the eyes of Indian investors. Today’s price increase (October 17, 2025) was due to festive demand among other factors. Always compare the Gold Rate Today, hallmark, making charges, and buyback policy before buying. It is natural for prices to fluctuate in the short term, so make decisions based on long-term goals and your risk appetite.