Gold Price Today: Yellow Metal Slips on Week Start; Silver Also Down — Latest Rates
Gold prices took a dip on Monday, with both 24-carat and 22-carat variants registering declines across major Indian cities. On 24 November, for example, 24-carat gold in Delhi was quoted at ₹1,25,980 per 10 grams while the 22-carat rate stood at ₹1,15,490 per 10 grams. Globally, the spot price of gold stood at US$ 4,061.91 per ounce.
Let’s review the latest city-wise gold and silver rates, and explore what’s affecting the movement of precious metal prices.
📍 City-Wise Gold Rates (24 Nov 2025)
| City | 22-Carat Gold (₹/10 g) | 24-Carat Gold (₹/10 g) |
|---|---|---|
| Delhi | 1,15,490 | 1,25,980 |
| Mumbai | 1,15,340 | 1,25,830 |
| Chennai | 1,15,340 | 1,25,830 |
| Kolkata | 1,15,340 | 1,25,830 |
| Ahmedabad | 1,13,680 | 1,24,010 |
| Jaipur | 1,15,490 | 1,25,980 |
Note: Rates are indicative and subject to local taxes, making charges and daily fluctuations.
🪙 Silver Price Today
Just like gold, silver also saw a drop. On 24 November the rate stood at ₹1,63,900 per kilogram, marking a decline of about ₹5,000 over the past week. In the global markets, silver futures were trading at approximately US$ 49.56 per ounce.
🧠 What’s Driving the Price Movement?
Gold and silver prices in India are influenced by both domestic factors and global cues:
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Global spot/futures rates: Movement in dollar-denominated international markets often reflects quickly in Indian prices.
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Domestic demand & supply: Jewellery season, festivals, import duties, currency fluctuations all contribute.
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Currency (Rupee) strength/weakness: A weaker rupee makes imports costlier, pushing local prices up; a stronger rupee helps ease pressures.
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Inflation and interest rates: As inflation rises or real yields drop, gold is seen as a hedge.
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Geopolitical risk & safe-haven demand: Uncertainty often drives investors to safe-haven metals like gold.
📝 What Should Investors & Buyers Consider?
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If you are buying jewellery, factor in making charges and tax in addition to metal rate.
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If you are viewing as investment, compare post tax, post cost returns vs other avenues.
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For larger silver purchases, watch for premium over spot (which can vary).
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Don’t rely purely on daily rates — track weekly/monthly trends for better decisions.
✅ Final Takeaway
The start of the week saw metals slip, but the upward trend over the past week for 24-carat and 22-carat gold remains roughly ₹700–₹800. For investors and buyers, the time may be opportune to watch closely, particularly if you are eyeing jewellery purchases or bullion investments.
