Gold rate today in India on Oct 15: Gold and silver prices reached record all-time highs above ₹1.27 lakh per 10 grams in the early session on October 15 (Wednesday), amid demand for safe haven investments due to concerns over the US-China trade war.
Gold has also been going strong on signals that the United States Federal Reserve (Fed), will likely cut interest rates twice more this year.
- MCX gold rate opened 0.52 per cent higher at ₹1,26,915 per 10 grams as against its previous close of ₹1,26,256 level. The yellow metal hit a record high of ₹1,27,500 per 10 grams level.
- MCX silver price opened 0.18 per cent higher at ₹1,59,800 per kg level as against its previous close of ₹1,59,504 level. Silver price touched an intraday high of ₹1,61,418 level.
- Spot gold prices in the global markets hovered near record highs, on safe-haven demand. Spot gold price gained 0.4 per cent to $4,155.99 per ounce, while US gold futures for December delivery rose 0.3 per cent to $4,174.30.
Gold, Silver are ‘safe haven’ investments
Overall, experts feel that gold and silver are safe haven bets that investors can make to safeguard their portfolios in these volatile markets and with increased risk aversion. This year, gold has jumped 55 per cent year-to-date (YTD) amid economic and geopolitical concerns.
Over the past 20 years, gold prices have skyrocketed by an impressive 1,200 per cent from ₹7,638 in 2005 to over ₹1,00,000 in 2025 (till June), and delivered positive returns in 16 of these years. Year-to-date (YTD), gold prices have risen 31 per cent, with consistent record highs solidifying its position among 2025’s top-performing asset classes and a reliable hedge.
Further, silver has also proved resilient. Prices have held firmly above the ₹1 lakh/kg mark for the past few months. Over the past 20 years (2005-2025), the shiny metal has gained a solid 668.84 per cent.
Gold rate today in India on October 15
The MCX gold index was at ₹1,26,773/10 gm at 9.40 am on October 15, the official website showed. Meanwhile, MCX silver prices were at ₹1,60,274/kg, it showed.
Further, 24-carat gold was priced at ₹1,27,000/10 gm, according to data on the Indian Bullion Association (IBA) at 9.50 pm on October 15. Further, 22-carat gold was priced at ₹1,16,417/10 gms. Silver prices today are at ₹1,60,380/kg (Silver 999 Fine), as per the IBA website.
So, check here gold and silver prices in your city today on October 15 — Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, for retail customers, jewellers may add making charges, taxes and GST to the bill, which could hike the final price for you.
Gold and Silver Prices in Chennai — October 15
• Gold bullion rates in Chennai— ₹1,27,090/10 gm.
• MCX Gold rate in Chennai — ₹1,26,773/10 gm.
• Silver bullion rate in Chennai— ₹1,60,590/kg.
• MCX Silver 999 rate in Chennai — ₹1,60,274/kg.
Gold and Silver Prices in Kolkata — October 15
• Gold bullion rates in Kolkata— ₹1,26,550/10 gm.
• MCX Gold rate in Kolkata — ₹1,26,773/10 gm.
• Silver bullion rate in Kolkata— ₹1,59,920/kg.
• MCX Silver 999 rate in Kolkata — ₹1,60,274/kg.
Gold and Silver Prices in Bengaluru — October 15
• Gold bullion rates in Bengaluru— ₹1,25,630/10 gm.
• MCX Gold rate in Bengaluru — ₹1,26,820/10 gm.
• Silver bullion rate in Bengaluru— ₹1,60,250/kg.
• MCX Silver 999 rate in Bengaluru — ₹1,60,274/kg.
Gold and Silver Prices in Mumbai — October 15
• Gold bullion rates in Mumbai— ₹1,26,720/10 gm.
• MCX Gold rate in Mumbai — ₹1,26,773/10 gm.
• Silver bullion rate in Mumbai— ₹1,60,130/kg.
• MCX Silver 999 rate in Mumbai — ₹1,60,274/kg.
Gold and Silver Prices in Delhi — October 15
• Gold bullion rates in New Delhi— ₹1,26,500/10 gm.
• MCX Gold rate in New Delhi — ₹1,26,773/10 gm.
• Silver bullion rate in New Delhi— ₹1,59,850/kg.
• MCX Silver 999 rate in New Delhi — ₹1,60,274/kg.
Gold and Silver Prices in Hyderabad — October 15
• Gold bullion rates in Hyderabad— ₹1,26,920/10 gm.
• MCX Gold rate in Hyderabad — ₹1,26,773/10 gm.
• Silver bullion rate in Hyderabad— ₹1,60,380/kg.
• MCX Silver 999 rate in Hyderabad — ₹1,60,274/kg.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
