On 24 October 2025, 24-carat gold in India slipped to approximately ₹1,25,070 per 10 g as the market cooled after the recent Diwali-season rally. Meanwhile, silver traded near ₹1,59,900 / kg. The drop is largely attributed to profit-booking and a firmer U.S. dollar, even as underlying consumer demand remains healthy. Analysts note that while the short-term momentum has slowed, long-term fundamentals for both metals remain intact. Investors are advised to watch global inflation data, dollar movements and local import trends to assess near-term direction.