Gold and silver prices remained steady on November 7 as global markets reacted to weak US employment data and cautious remarks from the Federal Reserve. Investors kept an eye on interest-rate expectations while bullion traded near ₹3,987 per ounce, according to Bloomberg.
Gold Price Today: 24K, 22K, and 18K Rates
In India, gold prices held firm amid mixed global cues. As of today, 24K gold is priced at ₹1,22,580 per 100 grams, 22K gold stands at ₹1,12,360, and 18K gold is trading at ₹91,940 per 100 grams.
| Gold Purity | Price (₹) |
|---|---|
| 24K Gold | 1,22,580 |
| 22K Gold | 1,12,360 |
| 18K Gold | 91,940 |
Experts suggest that global trends, inflation data, and the US dollar’s strength will continue to influence local gold prices in the coming weeks. Meanwhile, investors are showing increased interest in safe-haven assets like gold due to market uncertainty.
City-Wise Gold Rates in India (Today’s Update)
Here’s a detailed look at today’s gold rates in major Indian cities for 24K, 22K, and 18K purity.
| City | 24K Today (₹) | 22K Today (₹) | 18K Today (₹) |
|---|---|---|---|
| Chennai | 12,350 | 11,321 | 9,446 |
| Mumbai | 12,258 | 11,236 | 9,194 |
| Delhi | 12,273 | 11,251 | 9,209 |
| Kolkata | 12,258 | 11,236 | 9,194 |
| Bangalore | 12,258 | 11,236 | 9,194 |
| Hyderabad | 12,258 | 11,236 | 9,194 |
| Coimbatore | 12,350 | 11,321 | 9,446 |
| Jaipur | 12,273 | 11,251 | 9,209 |
| Lucknow | 12,273 | 11,251 | 9,209 |
| Ahmedabad | 12,263 | 11,241 | 9,199 |
| Patna | 12,263 | 11,241 | 9,199 |
| Rajkot | 12,263 | 11,241 | 9,199 |
| Madurai | 12,350 | 11,321 | 9,446 |
Gold rates may vary slightly depending on local taxes, making charges, and demand conditions across regions.
Silver Price Today: City-Wise Rates for 10g, 100g, and 1kg
Silver continued its upward momentum for the third consecutive session, with platinum inching higher and palladium staying steady. The Bloomberg Dollar Spot Index remained unchanged, supporting the metal’s positive movement.
| City | 10g (₹) | 100g (₹) | 1kg (₹) |
|---|---|---|---|
| Chennai | 1,651 | 16,510 | 1,65,100 |
| Mumbai | 1,526 | 15,260 | 1,52,600 |
| Delhi | 1,526 | 15,260 | 1,52,600 |
| Hyderabad | 1,651 | 16,510 | 1,65,100 |
| Coimbatore | 1,651 | 16,510 | 1,65,100 |
| Kolkata | 1,526 | 15,260 | 1,52,600 |
| Bhubaneswar | 1,651 | 16,510 | 1,65,100 |
| Trichy | 1,651 | 16,510 | 1,65,100 |
| Pune | 1,526 | 15,260 | 1,52,600 |
Investors are closely tracking silver’s industrial demand and inflation trends, which could impact prices in the near term.
Market Outlook
Analysts believe that both gold and silver prices may stay range-bound this week as traders await fresh US economic data and monetary policy cues. However, festive and wedding season demand in India could support local prices.
Read Also :Delhi Gold Prices Plunge Again: 24K Hits ₹12,163, 22K & 18K Slide – November 5, 2025 Update
FAQs
1. Why do gold prices change every day?
Gold rates fluctuate due to global economic trends, inflation, currency strength, and investor demand. Local taxes and making charges also affect daily rates.
2. Which city has the lowest gold price today?
Among major cities, Mumbai and Kolkata currently offer some of the lowest gold prices for both 22K and 24K purity levels.
3. Is today a good time to buy gold or silver?
Experts suggest that prices are stable, making it a decent time for long-term buyers to invest before the festive season demand drives rates up.
Disclaimer
Gold and silver prices mentioned above are indicative and may vary across regions and jewellery stores. Always verify live market rates before making a purchase.