Gold Price Review: Neither Bandbaja nor any major festival in the beginning, then the rate of gold and silver demolished several records in the month of September. Gold crossed 1.20 lakhs with GST for the first time and silver reached close to Rs 1.50 lakh. Last month, the speed of silver was twice as fast as gold.
Gold Price Review: Neither Bandbaja nor any major festival in the beginning, then the rate of gold and silver demolished several records in the month of September. Gold crossed 1.20 lakhs with GST for the first time and silver reached close to Rs 1.50 lakh. Last month, the speed of silver was twice as fast as gold.
In September 2025, gold became expensive by Rs 12961 per 10 grams. Whereas, the price of silver rose by Rs 24862 per kg.
According to IBJA rates, gold closed at the rate of Rs 102388 per 10 grams on the last trading day of August. Silver was also closed at a rate of Rs 117572 per kg.
Talking about this year, by September, gold has become expensive by Rs 39609 per 10 grams and silver is Rs 56417 per kg.
What color will gold show in October
According to a report by Kedia Advisory, gold has risen around 10% in September. Gold has closed rapidly in 5 years out of the last 6 years, that is, this month is usually good for it.
If you look at the figures of the last 5-6 years, the price of gold has never declined in October. An average of 2.58% growth has been recorded in this month. According to experts, the increasing demand and global hedging flow in the festive season has a positive impact on gold prices.
Gold is still in a strong position according to technical analysis, but some indications are also of caution. Gold has reached much above its long average trend, which shows that the fast has been stretched too much.
Many analysts believe that gold is still in a strong bull market, not in bubbles. He argues that a bubble has a lot of fluctuations and uncertainty in prices, which is not seen in gold yet. If there is excessive money in the market and the basis of shopping becomes speculative, then the risk of sudden decline may increase.