Gold Price Today: Weekly Surge Continues as Gold Becomes ₹760 Costlier, Check Latest Rates in Major Indian Cities
Gold prices in India continue to rise, extending their weekly upward momentum. Domestic rates have strengthened due to a combination of global market performance, currency fluctuations, and increased investor interest. Over the past week, the price of 24-carat gold has climbed by ₹760 per 10 grams, while the 22-carat variant has become ₹700 costlier. As of November 23, the price of 24-carat gold in Delhi stands at ₹1,25,990 per 10 grams.
Meanwhile, the international market also reflects positive sentiment. Gold’s spot rate is currently quoted at $4,061.91 per ounce, signaling continued global demand for the precious metal during economic uncertainty.
Delhi Gold Rates
In the national capital, gold prices remain higher compared to several other metros:
| Purity | Latest Rate (per 10g) |
|---|---|
| 22-Carat Gold | ₹1,15,500 |
| 24-Carat Gold | ₹1,25,990 |
This consistent rise reflects a strong domestic market supported by festive and wedding season demand.
Gold Prices in Mumbai, Chennai & Kolkata
The retail prices in Mumbai, Chennai, and Kolkata remain relatively aligned with each other:
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22-Carat Gold: ₹1,15,350 per 10g
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24-Carat Gold: ₹1,25,840 per 10g
These cities often maintain similar pricing trends as Mumbai functions as a major bullion trading hub in the country.
Rates in Pune and Bengaluru
Gold rates in Pune and Bengaluru remain unchanged compared to other western and southern regions:
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22-Carat Gold: ₹1,15,350 per 10g
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24-Carat Gold: ₹1,25,840 per 10g
Latest Gold Rates Across Major Indian Cities
| City | 22-Carat Price (₹/10g) | 24-Carat Price (₹/10g) |
|---|---|---|
| Delhi | 1,15,500 | 1,25,990 |
| Mumbai | 1,15,350 | 1,25,840 |
| Ahmedabad | 1,13,690 | 1,24,020 |
| Chennai | 1,15,350 | 1,25,840 |
| Kolkata | 1,15,350 | 1,25,840 |
| Hyderabad | 1,15,350 | 1,25,840 |
| Jaipur | 1,15,500 | 1,25,990 |
| Bhopal | 1,13,690 | 1,24,020 |
| Lucknow | 1,15,500 | 1,25,990 |
| Chandigarh | 1,15,500 | 1,25,990 |
Silver Price Update: Weekly Decline Recorded
Contrary to gold, silver prices have weakened during the same period. Silver slipped by nearly ₹5,000 per kilogram on a weekly basis. On November 23, silver is priced at:
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₹1,64,000 per kg in India
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$49.56 per ounce in the global futures market
Silver’s correction highlights volatility driven by industrial demand slowdowns and shifting global cues.
Why Are Precious Metals Gaining Attention?
Gold generally performs strongly when economic uncertainties rise, acting as a safe-haven investment for consumers and institutional investors. Current price movement is being influenced by:
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Global economic slowdown concerns
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Currency market fluctuations
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Geopolitical risks
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Central bank gold purchases
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Festive & wedding season demand in India
Market experts believe that if international cues remain supportive, gold could maintain its upward trajectory in the near future.
Is It a Good Time to Buy Gold?
Analysts suggest that price dips, if any, could offer attractive accumulation opportunities—particularly for long-term investors or buyers planning wedding-related purchases.
However, they also advise:
✔ Tracking global market trends
✔ Keeping an eye on currency exchange rates
✔ Checking city-wise daily updates before buying
Precious metal prices in India can vary by city due to factors such as local taxes, transportation costs, and jewellery making charges. If you are planning to invest or purchase for personal use, staying informed about regular rate updates remains the best strategy.
