Golden Dips & Silver Slips: India’s Precious Metals Cool Off on October 21 2025
Gold and silver prices took a minor dip on October 21, 2025. Specialists term this as a temporary dip before the rise in demand during the festivities.
Gold Prices Take a Tiny Tumble
Gold prices in India experienced a small fall on the morning of October 21, 2025. The price of ten grams of 24-carat gold went down by ₹10 from the previous day to ₹1,30,680, whereas the price of 22-carat gold dropped to ₹1,19,790. The decrease was quite small but enough for the traders to notice it since the global cues had also turned slightly negative.
Silver Follows Suit with a Subtle Dip
Similarly, silver prices also followed the same trend and lost ₹100 to reach a trading level of ₹1,71,900 per kilogram. Analysts argue that this adjustment is only the aftermath of a very strong move that took place earlier this week and it is a sign of a slight profit-booking by investors who want to be ready when the festive demand season comes.
Regional Variations Across India
Delhi was selling 24-carat gold at ₹1,30,830, whereas Chennai was offering at ₹1,30,030. Factors such as transportation, demand-supply, and import duties usually lead to these city-wise differences in pricing, but the overall feeling was that it was stable all over the country.
Global Market Pressure Plays Its Part
The price of gold in the spot market fell by 0.3% to US $4,340.29 per ounce, moving away from its record high of US $4,381.21 just a day earlier.
Silver also declined by 1.6% to US $51.64 per ounce. The experts argue that the main reason for the metals' weakness is profit-taking by global investors amid the firming treasury yields and the strengthening US dollar.
Experts Predict Short-Term Stability
Market experts are of the opinion that the short fall of this brief period will not be followed by a longer one. The ongoing purchases of gold by central banks and the unresolved geopolitical issues are two factors that will keep the demand for a safe-haven going. India’s wedding and festive season may be the next to boost the prices and thereby making this correction one of the possible investors’ buying opportunities.
Outlook: Calm Before the Next Rally
Even though the price of today’s gold is just a little bit lower, it might actually be setting the ground for the following rally later this quarter. Traders are suggested to keep a close watch on bullion market trends and global interest rates in order to be prepared for the next big move.
