Gold and silver prices in India declined on October 23, with investors booking profits after a volatile week. The 24-carat gold price slipped to Rs 1,25,890 per 10 grams, while 22-carat gold fell to Rs 1,15,400 per 10 grams. The 18-carat gold variant was priced at Rs 94,420 per 10 grams.<\/p>\n
Silver also saw a correction, trading at Rs 1,60,000 per kilogram amid global profit-booking.<\/p>\n
The recent dip in precious metal prices comes after one of the sharpest single-day declines in recent years. Analysts say the fall is mainly due to:<\/p>\n
Profit-booking by investors after months of steady gains<\/p>\n<\/li>\n
Easing US-China trade tensions, which reduced safe-haven demand<\/p>\n<\/li>\n
Anticipation of a US Federal Reserve rate-cut decision later this week<\/p>\n<\/li>\n<\/ul>\n
These factors combined to weaken sentiment in the gold and silver markets, prompting short-term corrections.<\/p>\n
Also Read<\/strong>: Sovereign Gold Bond vs Physical Gold: Which Shines Brighter in 2025?<\/a><\/em><\/p>\n Gold has experienced steady gains over the past ten months, particularly in the last two months, driven by:<\/p>\n Geopolitical risks<\/p>\n<\/li>\n Trade uncertainties<\/p>\n<\/li>\n Strong safe-haven demand from investors<\/p>\n<\/li>\n<\/ul>\n The metal even touched record highs before the current pullback, showing the ongoing appeal of gold as a long-term investment.<\/p>\n Despite the recent correction, gold ETF holdings remain near a three-year high, indicating persistent investor confidence in gold as a store of value.<\/p>\n Experts suggest that while short-term volatility is natural, gold and silver continue to be preferred options for portfolio diversification and long-term wealth preservation.<\/p>\n 24-carat gold: Rs 1,25,890 per 10 gm<\/p>\n<\/li>\n 22-carat gold: Rs 1,15,400 per 10 gm<\/p>\n<\/li>\n 18-carat gold: Rs 94,420 per 10 gm<\/p>\n<\/li>\n Silver: Rs 1,60,000 per kg<\/p>\n<\/li>\n<\/ul>\n Investors are advised to track city-wise rates before making buying or selling decisions, as prices may vary slightly across regions.<\/p>\n Gold and silver prices declined on October 23 due to profit-booking and easing trade tensions.<\/p>\n<\/li>\n 24K gold stands at Rs 1,25,890 per 10 gm, while silver trades at Rs 1.60 lakh per kg.<\/p>\n<\/li>\n Underlying investor confidence remains strong, with gold ETFs near a three-year high.<\/p>\n<\/li>\n The current dip is seen as a short-term correction after months of gains, not a long-term trend reversal.<\/p>\n<\/li>\n<\/ul>\n The fall in gold and silver prices today reflects short-term market adjustments rather than a loss of long-term value. Investors continue to view precious metals as safe-haven assets, and the recent correction may provide opportunities for those looking to enter the market at slightly lower levels.<\/p>\n Click here to explore:<\/strong> Gold and silver prices in India declined on October 23, with investors booking profits after a volatile week. The 24-carat gold price slipped to Rs 1,25,890 per 10 grams, while 22-carat gold fell to Rs 1,15,400 per 10 grams. The 18-carat gold variant was priced at Rs 94,420 per 10 grams. Silver also saw a […]<\/p>\n","protected":false},"author":6,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1370],"tags":[],"ppma_author":[1383],"class_list":{"0":"post-15858","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-economy-blog"}," _eael_post_view_count":0,"authors":[{"term_id":1383,"user_id":6,"is_guest":0,"slug":"pradeep","display_name":"Pradeep Sangatramani","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/15858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=15858"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/15858\/revisions"}],"predecessor-version":[{"id":15859,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/15858\/revisions\/15859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/15707"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=15858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=15858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=15858"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=15858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Trends Over the Past Months<\/h3>\n
\n
Investor Confidence Remains Strong<\/h3>\n
City-Wise Rates (October 23, 2025)<\/h3>\n
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Key Takeaways<\/h3>\n
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Conclusion<\/h3>\n
\nGold\u00a0<\/a>
\nSilver<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"