Silver and Gold Prices Update — October 2025.
The silver price in India during October 2025 shows a notable upward trend with significant gains over the month. As of October 24, 2025, silver in Bangalore is priced at around ₹1,939 per 10 grams, marking a slight recent decrease from mid-October peak prices of about ₹1,950 per 10 grams. The price for 1 kg of silver started at ₹1,51,000 on October 1 and rose to ₹1,58,000 by October 24, with the highest recorded rate being ₹1,95,000 on October 15, 2025, reflecting an overall increase of around 4.64% in the month. The surge in silver price has been particularly sharp in early October, with a rise over 22% by October 13, largely driven by industrial demand from sectors like electric vehicles and solar energy.
In comparison, gold prices in India have seen a slight correction after months of steady gains. On October 24, 2025, 24-carat gold is priced approximately ₹12,445 per gram (around ₹1,24,450 per 10 grams), showing a marginal fall from earlier in the month when prices hovered near ₹13,000 per 10 grams. Gold prices have experienced some profit-booking pressure due to easing global tensions and anticipation of US Federal Reserve rate cuts. Despite this, gold remains a strong performer in 2025 with a notable rally driven by geopolitical risks and safe-haven demand.
The relationship between silver and gold prices shows silver has outperformed gold significantly in 2025, with silver prices jumping nearly 70% over the year compared to gold’s 56% rally. Silver prices have been more volatile due to their close ties to industrial demand, while gold has maintained its status as a safe-haven asset. The gold-to-silver ratio remains high but has shown some contraction as silver’s rally gains momentum.
Silver Price Highlights
Silver prices in India showed a strong upward trend, starting October at ₹1,51,000 per kilogram and reaching as high as ₹1,95,000 on October 15.
The price slightly softened to around ₹1,58,000 per kilogram by October 24, but overall, silver recorded gains of over 4.5% in the month so far.
Industrial demand, particularly from electric vehicle manufacturing and solar power industries, has been a major contributor to silver’s strong run.
The surge in silver price includes a 22.5% spike within just the first two weeks of October, signaling bullish investor sentiment.
Gold Price Trends
Gold prices, while rising steadily over 2025, have seen some profit-booking and decline in late October.
The 24-carat gold rate declined to about ₹12,445 per gram, or approximately ₹1,24,450 per 10 grams on October 24.
Global easing in geopolitical tensions and expectations of US Federal Reserve’s rate cuts have softened gold buying pressure.
Nonetheless, gold remains a favored safe-haven asset, with prices up roughly 56% year-to-date.
Comparing Silver and Gold in 2025
Silver outperformed gold with an approximate 70% gain compared to gold’s 56% rally this year.
This divergence is largely due to silver’s dual role as both an investment metal and industrial commodity.
The gold-to-silver price ratio has narrowed, indicating silver’s catching up to gold’s gains but still remains historically elevated.
Investment Insights
Experts recommend balanced exposure to both metals, suggesting investors maintain a portfolio allocation of 10-12% in gold and silver combined, with the remainder in equities.
The volatility in silver due to its industrial demand should be accounted for when considering investments.
Gold’s role as a hedge against global uncertainties remains intact, making it a valuable asset for portfolio diversification.
This October’s precious metals market action highlights the evolving dynamics between industrial demand and safe-haven investment needs, positioning silver as an exciting opportunity and gold as a steady store of value going forward.