Gold rates skyrocketed across India on Diwali 2025, recording an extraordinary hike of nearly ₹19,000 per 100 grams in key markets such as Chennai, Ahmedabad, and Pune. The surge has taken both investors and shoppers by surprise, turning gold into one of the most discussed commodities this festive season.
According to traders, strong global demand, geopolitical uncertainty, and robust festive buying contributed to the spike. In Chennai, 24K gold touched fresh highs, while prices in Ahmedabad and Pune reflected similar upward momentum. Jewelers reported packed showrooms as customers rushed to make auspicious purchases despite the inflated rates.
Market experts suggest the rally is fueled by both emotional and economic factors — with gold seen as a symbol of prosperity and a hedge against inflation. Internationally, gold prices have also trended higher due to increasing uncertainty around global interest rates and economic outlooks.
While the price surge has made gold dearer, it has also reaffirmed India’s timeless love for the yellow metal — proving once again that no festival shines brighter without it.
