Are you worried that everything is getting more expensive lately? You’re not alone. For many of us, trying to save, invest, or even buy a small gold coin for our daughter’s wedding feels like chasing a moving target. And now, gold prices are rising again—steeply.
But why is this happening? Should you buy now or wait? Let’s break it down like we’re chatting over chai, because if gold is part of your savings dream, this matters.
Gold is Getting Costlier — And Fast
In just one week, 24-carat gold became ₹880 more expensive per 10 grams. That’s not a tiny bump—it’s a sign of a steady upward trend. Even 22-carat gold saw a jump of ₹800.
Right now, if you’re in Delhi, Mumbai, or even Hyderabad, you’re probably seeing gold prices close to or over ₹99,000 per 10 grams for 24-carat gold.
| City | 22-Carat Gold (per 10g) | 24-Carat Gold (per 10g) |
|---|---|---|
| Delhi | ₹91,550 | ₹99,860 |
| Mumbai | ₹91,400 | ₹99,710 |
| Chennai | ₹91,400 | ₹99,710 |
| Kolkata | ₹91,400 | ₹99,710 |
| Jaipur | ₹91,550 | ₹99,860 |
| Lucknow | ₹91,550 | ₹99,860 |
| Chandigarh | ₹91,550 | ₹99,860 |
| Hyderabad | ₹91,400 | ₹99,710 |
| Bhopal | ₹91,450 | ₹99,760 |
| Ahmedabad | ₹91,450 | ₹99,760 |
But Why Are Gold Prices Climbing?
Let’s keep it simple. ICICI Global Markets recently said that gold is expected to stay strong from July to December 2025. That means we could see gold crossing ₹1,00,000 per 10 grams by year-end.
- Here’s why:
- Global demand is rising again post-recession fears.
- Central banks are holding more gold—creating a supply crunch.
- People are turning to gold to protect their savings from inflation.
