Gold Prices Today: Yellow metal's strong rally continues amid domestic and global pressures – check latest prices in your city on Oct 10

Gold's strong rally continues, with prices recording a marginal uptick today, October 10, in India. However, global markets are showing some respite as the record-breaking surge in the yellow metal has subsided, with it trading below the $4,000 mark. One of the main reasons for rising gold prices is global volatility caused by unprecedented geopolitical tensions.

In India, with festive season demand on the rise, gold prices are expected to increase further. This week alone, prices have surged by 4%, signaling a strong rally and renewed interest in safe-haven assets.

With many parts of India celebrating Karwa Chauth today, here is a breakdown of gold prices across all categories, along with a city-wise list as per the data published by Good returns.

Around the world, financial organisations - both public and private - are taking a note of sharp rally in trading of yellow metal volumes. Not only physical but digital gold is also witnessing an increased interest from the investors. Analysts say that this can also be a possible reason for changes in rate movement for short-term.
The Reserve Bank of India (RBI), has also been actively increasing its gold holdings. The RBI has been steadily adding gold to its reserves as part of its diversification and inflation-hedging strategies. While recent purchase figures are not always publicly disclosed, India's gold reserves stood at approximately 770 tonnes as of mid-2025. The central bank is expected to continue making measured, incremental purchases in line with its reserve diversification objectives.