North India Statesman
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Just before Diwali, the price of gold was about to skyrocket. In the last one week alone, 24 carat gold had become expensive by about Rs 5800, due to which its price in Delhi reached Rs 1,31,010 per 10 grams. Everyone was feeling that buying gold on Dhanteras would be like a robbery on the pocket. But on the day of Dhanteras, such a reversal took place in the market, which no one had expected! Gold suddenly became cheap, but was it really ‘cheap’? Yes, you read it right. On the day of Dhanteras, the price of gold in Delhi’s bullion market suddenly fell by ₹ 2,400 and the price came to ₹ 1,32,400 per 10 grams. But before you get too happy, wait and see the whole picture. This decline was just a day long. If we compare with last year, we will be shocked. Last year, on Dhanteras 2024, this same gold was worth only ₹ 81,400. That means, gold has become costlier by ₹51,000 in just one year! So this small discount received on Dhanteras was like ‘cumin in the mouth of a camel’. Let’s see, what is the price of gold in your city today. (19 October 2025): Delhi, Jaipur, Lucknow, Chandigarh: 24 carat: ₹ 1,31,010 22 carat: ₹ 1,20,100 Mumbai, Chennai, Kolkata, Hyderabad:24Carat:₹1,30,86022Carat:₹1,19,950 Ahmedabad,Bhopal:24Carat:₹1,30,91022Carat:₹1,20,000 Original The star turned out to be ‘silver’! On this Dhanteras, silver shone more than gold. While gold became costlier within a week, the price of silver fell by ₹ 8,000 per kg. And the result? Buyers showered love on silver more than gold. There was a huge increase of 35% to 40% in the sales of silver coins on Dhanteras as compared to last year. People preferred to buy silver instead of expensive gold. This has also become very expensive in price since last year (increasing from ₹ 99,700 to ₹ 1,70,000), but it still seemed affordable compared to gold.
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