Gold prices drop by ₹2,400 in Delhi
Gold prices in Delhi dropped by ₹2,400 to ₹1,32,400 per 10gm on Saturday, just a day after hitting a record high of ₹1,34,800.
Even with this dip—right after Dhanteras when gold buying peaks—demand stayed strong.
Silver also slid by ₹7,000 to ₹1,70,000 per kg.
Gold's year-on-year price jump
Gold's price has soared 62.65% over the past year, making it a hot topic for both investors and anyone eyeing jewelry.
Despite steep rates, Indians spent about ₹1 lakh crore on gold and silver this Dhanteras 2025.
The surge is fueled by festive shopping vibes, GST reforms, and the upcoming wedding season—with many buyers choosing lighter jewelry or bullion as they expect prices could climb again soon.
Retailers report 15-18% rise in sales
Retailers are seeing 15-18% more sales than last year thanks to festival buzz and people hedging against future hikes.
So whether you're into bling or just watching markets, these swings show how tradition and economics keep shaping India's love for gold.