Gold Price Today: Wedding Season Sparks Surge as Gold Rates Rise for Second Day; Check Latest City-Wise Prices
Gold Prices Continue Upward Trend for Second Day, Demand Spikes in Wedding Season
Gold prices in India have surged for the second consecutive day, driven largely by strong seasonal demand and supportive global market cues. As the wedding season intensifies across the country, the yellow metal is witnessing increased buying activity, which has pushed rates upward in major domestic markets. Along with domestic factors, international trends and the US Federal Reserve’s policy expectations are also influencing price movements.
On Thursday, 27 November 2025, the price of 24-carat gold in Delhi jumped to ₹1,28,070 per 10 grams, marking a notable rise from previous sessions. Similarly, the price of 22-carat gold reached ₹1,16,610 per 10 grams. Other metropolitan cities like Mumbai, Chennai, Kolkata, and Bengaluru have also recorded an upward trend.
Experts suggest that the ongoing peak wedding season traditionally boosts gold purchases across India, one of the largest gold-consuming nations in the world. With families making large jewelry purchases for ceremonies and festivals, retailers are experiencing higher demand.
Global Market Sentiment Supports Rising Gold Prices
Alongside domestic demand, gold is gaining support from the global market. The international spot price of gold currently stands at $4,164.30 per ounce, reflecting positive sentiment. Statements from US Federal Reserve officials have also played a key role in boosting prices.
Federal Reserve Governor Christopher Waller indicated that signs of a weakening labor market may prompt the Fed to consider a 0.25% interest rate cut in December. Lower interest rates typically benefit gold, as they reduce returns from interest-generating assets, making gold a more attractive investment. However, the final decision will depend on upcoming economic data, which has been delayed due to the ongoing US government shutdown.
Latest Gold Prices in Major Indian Cities (per 10 grams)
| City | 22K Gold (₹) | 24K Gold (₹) |
|---|---|---|
| Delhi | 1,17,410 | 1,28,070 |
| Mumbai | 1,17,260 | 1,27,920 |
| Ahmedabad | 1,17,310 | 1,27,970 |
| Chennai | 1,17,260 | 1,27,920 |
| Kolkata | 1,17,260 | 1,27,920 |
| Hyderabad | 1,17,260 | 1,27,920 |
| Jaipur | 1,17,410 | 1,28,070 |
| Bhopal | 1,17,310 | 1,27,970 |
| Lucknow | 1,17,410 | 1,28,070 |
| Chandigarh | 1,17,410 | 1,28,070 |
Gold and Silver Both Shine in Latest Market Movement
Just like gold, the price of silver also climbed on Thursday. As of 27 November 2025, the metal is priced at ₹1,69,100 per kilogram in the domestic market. In global trading, spot silver is recorded at $52.37 per ounce, with analysts predicting a stronger rally ahead.
Well-known financial author and investor Robert Kiyosaki, writer of the bestselling book Rich Dad Poor Dad, believes silver could reach $70 soon, and potentially $200 per ounce in 2026, citing increasing industrial demand and tight global supply.
Outlook for Investors
With strong seasonal demand, supportive global signals, and expectations of monetary easing from the US Federal Reserve, analysts anticipate that gold prices may continue to remain firm in the near term. For investors looking for stability during uncertain economic conditions, gold and silver are likely to remain preferred safe-haven assets.
However, experts advise closely monitoring global market shifts and US Fed policy announcements, which may influence future price direction.
