Archive · 3 Oct 2025
Gold Prices Show Slight Dip After Historic Highs
Gold prices in India recently reached record highs due to worries about the US government and the upcoming festive season, which increased the desire for safe investments.
While gold is often seen as a safe place to store wealth during uncertain times, it's important to know that gold prices have decreased slightly since the record highs, but remain high.
24-carat gold is mainly for investing, whereas 22 and 18-carat gold are mainly used for jewelry.
Gold prices reached historic highs at the start of October.
Concerns over a US government shutdown drove demand for safe-haven assets.
Festive seasonal demand in India also impacted prices.
Prices have shown a slight downward trend since yesterday.
24-carat gold is primarily used for investment.
- Who
- Consumers and Investors
- What
- Gold Prices
- When
- October 3
- Where
- India
- Why
- Concerns over potential US government shutdown and festive demand
Factors Increasing Gold Price
Factors Decreasing Gold Price
US Government Shutdown
Factors Increasing Gold Price
Concerns over a potential US government shutdown leads to higher demand and a price increase.
Factors Decreasing Gold Price
N/A
Festive Demand
Factors Increasing Gold Price
High demand for gold during festive season increases price
Factors Decreasing Gold Price
N/A
- Gold Type
- 24, 22, and 18 carat
- Primary Use (24 Carat)
- Investment
- Primary Use (22 & 18 Carat)
- Jewellery
Sources
Gold Rate Today, October 2: Check 22 & 24 Carat Bullion Prices In Delhi, Pune, Mumbai, Kolkata, Other Cities
Gold Today Rate, October 2: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
Silver surges 60% in 2025, still short of record peak
Gold holds near record highs as Fed rate cut bets, US shutdown spur demand
Gold prices jump over 50% this year so far; can MCX gold reach ₹1,25,000 per 10 grams by the end of 2025?
'When sticker shock hits...': CA explains why gold’s glitter is fading as record prices hit demand
Gold Rates Dip After Record Highs; Check City-Wise Rates On Oct 3 In Delhi, Mumbai, More
Gold prices today in your city: Check cost in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, Kolkata on October 3
