Lottery held for gold buyers, gold becomes cheaper before Diwali, know what is the price of 18 to 24 carat in your city

News India Live, Digital Desk: If you are also thinking of buying gold in this festive season, then there cannot be better news than this for you. Due to softness in the international market and slowness in local demand, there has been a big fall in the prices of gold in the Indian bullion market today. This fall, which came just before Diwali and Dhanteras, has brought a glow on the faces of buyers.

Market experts believe that this is a golden opportunity to buy gold, because in the coming days, prices may rise again due to increase in demand during the wedding season. Let us know what is the latest price of 24, 23, 22 and 18 carat gold in major cities of the country today.

How much did gold become cheaper today? (Gold Price Today)

A decline in gold prices has been recorded on Friday, 24 October 2025. After this fall, the prices of gold in different carats are as follows:

• 24 karat gold (99.9% pure): The prices of 24 carat gold, considered the purest, have declined the most today. This is a great opportunity for those who like to invest in gold coins or biscuits.
• 23 carat gold: The prices of 23 carat gold have also fallen, making it a good option for jewellery.
• 22 karat gold (91.6% pure): The price of 22 carat gold, most commonly used for making jewellery, has also declined, making it cheaper to buy jewelery like necklaces, bangles and rings.
• 18 karat gold: For those who like light and stylish jewellery, buying 18 carat gold has now become more beneficial than before.

Note: These prices of gold are indicative. There may be a slight difference in the final price of jewelery depending on the taxes and making charges in your city. You can contact your nearest jeweler for the exact rate.

Why did gold prices fall?

There are many international and domestic reasons behind this fall in gold prices. Due to the strength of the US dollar and positive trend in global stock markets, investors are withdrawing money from gold and investing it elsewhere. Apart from this, the demand for the festive season has not yet fully entered the market, the effect of which is also visible on the prices.

Market experts say that this decline may be temporary. As Dhanteras and Diwali shopping picks up pace, gold prices may once again touch the sky. Therefore, if you have made up your mind to buy gold, you may not find a better time than this.