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Gold may be volatile before the start of festive demand due to factors including reduced geopolitical tensions, US tariff clarification, fluctuations in the US dollar index (DXY), and anticipations of future interest rate cuts by the US Federal Reserve. Gold Price In India Today The current price of gold in India is Rs 7,601 per gram for 18 carat gold, Rs 9,290 per gram for 22 carat gold, and Rs 10,135 per gram for 24 carat gold. In India, 24k of 10 grams of gold sold for Rs 1,01,350 today compared to Rs 1,01,400 yesterday. Similarly, 24k of 100 grams of gold sold for Rs 10,13,500 today, down Rs 500 from Rs 10,14,000 on Tuesday. In India, 22k of 10 grams of gold will cost Rs 92,900 today compared to Rs 92,950 yesterday. Similarly, the price of 22k of 100 grams of gold dropped by Rs 500 overnight from Rs 9,29,500 on Tuesday to Rs 9,29,000 on Wednesday. Today, 18k of 10 grams of gold price in India on Wednesday reached Rs 76,010 compared to Rs 76,050 yesterday, representing a price drop of Rs 40 similarly, for 18k of 100 grams of gold, customers will see a price difference of Rs 400. The price of silver in India today is steady at Rs 115 per gram and Rs 1,15,000 per kilogram. Aksha Kamboj, VP, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures said, "gold will trade within a range in the near term, with upside possible only if Central Banks continue to buy and risks persist globally. Investors should keep this advice in mind: treat gold as a strategic asset over the longer term, and "buy on dips," rather than chase prices in higher multiples." According to the World Gold Council, gold consumption in India is said to fall to a five year low in 2025. Consumer demand for jewellery is down significantly in 2025, albeit, some amount of investment demand has offset this. MCX Gold Outlook Today "On the technical front, MCX Gold remains in an uptrend on the daily chart. In yesterday's session, it found good support near the 20-day EMA. As long as it stays above the 20-day EMA, we expect bullish momentum to continue. The overall trend remains upward, as indicated by the bullish higherhigh and higher-low pattern. Traders can consider buying MCX Gold near 99,835 for a target of 100,470-101,120. Any close below 99,550 will warrant a review of the current outlook," commented Abhishek M Pelu - Research Analyst at Way2Wealth Brokers. Silver Price Outlook Silver is currently priced at around Rs 1,15,000 per kg in India and has been on a stellar rally of nearly 30-33 percent in 2025 to date. Much of this uptick has been pushed by firm industrial demand, primarily from renewable energy and electronics along with heightened investor interest across the macroeconomic landscape. Aksha Kamboj, VP, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures said he sees prospects where prices could get to Rs 1.5 lakh per kg in the next 12 months, with a longer-term vision of Rs 2 lakh per kg by 2026 if current dynamics continue. Given that silver has one foot in the ground as an industrial metal and the other in the ground as a safe-haven investment, there are good opportunities. Investors should strive to look at the strong upside potential while being disciplined with entry strategies such as averaging into positions or using silver ETFs to provide better liquidity and cost of investment. Gold & Silver Price Fundamental Outlook Today "Gold and silver prices are trading slightly higher today on the international bourses. We expect precious metals prices on Indian bourses to trade range bound to slightly higher for the day; as gold prices held a modest gain following a US inflation reading that was in line with expectations and reinforced wagers on an interest-rate cut next month," commented the research analysts of Nirmal Bang Securities.