Wed Oct 08 00:30:00 UTC 2025: **Summary:**

Gold and silver prices are surging in India, fueled by the approaching Diwali festival. As of 10 AM, gold on the MCX has crossed ₹121,000 per 10 grams, with silver also experiencing rapid growth, exceeding a ₹1500 increase per kilogram. 24-carat gold is currently trading at ₹122,205 per 10 grams on the MCX, showing a significant rise. Silver is at ₹147,449 per kilogram. Patna offers the lowest gold and silver prices, while Bhopal and Indore have the highest.

**News Article:**

**Gold and Silver Prices Soar as Diwali Approaches**

**New Delhi:** Gold and silver prices are experiencing a significant surge in India, driven by the increasing demand ahead of the Diwali festival. As of 10:00 AM today, gold prices on the Multi Commodity Exchange (MCX) have broken past the ₹121,000 mark per 10 grams. Silver is also showing strong performance.

On the MCX, 24-carat gold is currently trading at ₹122,205 per 10 grams, marking an increase of ₹1094. It has hit a low of ₹121,878 and a high of ₹122,220. Silver prices have also witnessed a substantial jump, with 1 kilogram of silver now priced at ₹147,449 on the MCX, reflecting an increase of ₹1667.

**Regional Price Variations:**

While prices are generally on the rise, regional differences exist. Currently, Patna offers the most affordable gold, priced at ₹122,220 per 10 grams. In contrast, Bhopal and Indore have the highest gold prices, at ₹122,450 per 10 grams. Similarly, silver is cheapest in Patna at ₹147,340 per kilogram, while Bhopal and Indore have the highest prices at ₹147,580 per kilogram.

**Market Sentiment:**

The rapid increase in gold and silver prices is attributed to the traditional surge in demand during the festive season, particularly in the lead-up to Diwali. Market analysts are closely monitoring the situation.

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