As Raksha Bandhan celebrations light up India on August 10, 2025, the gold and silver markets are sparkling with excitement! Prices for both precious metals have surged, making this festive season a golden opportunity for buyers and investors. If you’re planning to gift gold or silver this Rakhi, here’s the latest on gold and silver rates in Delhi and other major cities.
Gold Prices in Delhi and Major Cities (August 10, 2025)
Gold prices have climbed higher, driven by festive demand and global factors like geopolitical tensions and new tariffs. Here’s the breakdown for 24-carat and 22-carat gold as of today:
Delhi:
24-carat gold: ₹10,347 per gram (₹1,03,470 per 10 grams)
22-carat gold: ₹9,486 per gram (₹94,860 per 10 grams)
Ayodhya:
24-carat gold: ₹10,347 per gram (₹1,03,470 per 10 grams)
22-carat gold: ₹9,486 per gram (₹94,860 per 10 grams)
Chandigarh:
24-carat gold: ₹10,347 per gram (₹1,03,470 per 10 grams)
22-carat gold: ₹9,486 per gram (₹94,860 per 10 grams)
Hyderabad:
24-carat gold: ₹10,332 per gram (₹1,03,320 per 10 grams)
22-carat gold: ₹9,471 per gram (₹94,710 per 10 grams)
Jaipur:
24-carat gold: ₹10,347 per gram (₹1,03,470 per 10 grams)
22-carat gold: ₹9,486 per gram (₹94,860 per 10 grams)
Lucknow:
24-carat gold: ₹10,347 per gram (₹1,03,470 per 10 grams)
22-carat gold: ₹9,486 per gram (₹94,860 per 10 grams)
Compared to August 9, 2025, when 24-carat gold was ₹1,02,710 per 10 grams and 22-carat gold was ₹94,160 per 10 grams in Delhi, prices have risen by ₹760 for 24-carat and ₹700 for 22-carat gold per 10 grams. This uptick reflects strong festive demand and global market trends, including U.S. tariffs impacting gold supply chains.
Silver Prices Today
Silver is also shining bright this Raksha Bandhan, with prices climbing across India. As of August 10, 2025, the average price of silver is ₹1,19,130 per kilogram, unchanged from yesterday, according to ABP Live. Here’s a look at city-wise silver rates:
Delhi: ₹1,19,130 per kg (₹119.13 per gram, ₹1,191.30 per 10 grams)
Ayodhya: ₹1,19,130 per kg
Chandigarh: ₹1,19,130 per kg
Hyderabad: ₹1,19,130 per kg
Jaipur: ₹1,19,130 per kg
Lucknow: ₹1,19,130 per kg
Silver prices have seen a steady rise, with a ₹2,030 per kg increase from August 8’s ₹1,17,100 per kg, fueled by strong industrial and festive demand.
Why Are Prices Rising?
The surge in gold and silver prices is tied to several factors:
Festive Demand: Raksha Bandhan has boosted jewelry purchases across India, leading to increased demand for gold and silver.
Global Tariffs: U.S. tariffs on gold imports from Switzerland, a major refining hub, have disrupted supply chains, pushing prices higher.
Safe-Haven Appeal: Geopolitical tensions and economic uncertainties are driving investors to gold and silver as secure assets, further inflating prices.
Tips for Buyers
If you’re considering purchasing gold or silver this Raksha Bandhan, here are some tips to keep in mind:
Check Daily Rates: Gold and silver prices fluctuate daily. Verify rates with trusted jewelers or platforms like Goodreturns or Livemint before buying.
Purity Matters: 24-carat gold is the purest and ideal for investments, while 22-carat is better for jewelry due to its durability.
Taxes: Gold purchases incur a 3% GST on the metal’s value and 5% GST on making charges, so factor this into your budget.
With Raksha Bandhan bringing families together, these soaring prices add a dazzling touch to the festivities—but plan your purchases wisely! Whether you’re gifting a beautiful piece of jewelry or investing in precious metals, understanding the market dynamics will help you make informed decisions this festive season.
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