Gold and silver prices moved higher in India’s domestic futures market on November 13, reflecting continued uncertainty in global markets. Concerns about inflation increased as hopes of a peace agreement in the Middle East weakened and oil prices climbed.
However, international gold prices moved in the opposite direction. Gold extended its decline for a third consecutive session, touching its lowest level in more than a year as rising oil prices raised concerns about inflation and the possibility of interest rates remaining elevated.
Here is a detailed look at the latest gold and silver prices in India, along with developments in the international market.
Gold and Silver Prices in the Futures Market
On the Multi Commodity Exchange (MCX), gold futures were trading 0.71% higher at ₹1,37,790 per 10 grams at around 9:13 am.
Silver futures also recorded a gain, rising approximately 0.40% to ₹1,80,270 per kilogram during the same period.
Another displayed domestic price snapshot showed 24-karat gold at ₹1,36,879 per 10 grams, up ₹864 or 0.64%. Silver was quoted at ₹1,78,000 per kilogram, down ₹150 or 0.08%.
These figures represent different market price snapshots and may vary according to the source and time of reporting.
International Gold Prices Extend Their Decline
In the international market, gold prices remained under pressure on Thursday. Spot gold fell 2.7% to $3,881.70 per ounce by 1:36 pm ET, after touching its lowest level since October 2025 earlier in the trading session.
US gold futures for December delivery also declined by 2.8% to $3,888.70 per ounce.
The fall came as increasing oil prices and fading expectations of a Middle East peace agreement raised concerns about inflation. These developments also strengthened expectations of interest rates staying higher, putting additional pressure on gold prices.
Gold and Silver Rates in Major Indian Cities on November 13
The following are the reported retail prices of 24-karat gold, 22-karat gold and 999-purity silver in major Indian cities.
| City | 24K Gold (10g) | 22K Gold (10g) | Silver 999 (1kg) |
|---|---|---|---|
| New Delhi | ₹1,37,300 | ₹1,25,858 | ₹1,79,630 |
| Mumbai | ₹1,37,880 | ₹1,26,390 | ₹1,80,580 |
| Bengaluru | ₹1,37,390 | ₹1,26,491 | ₹1,80,720 |
| Kolkata | ₹1,37,700 | ₹1,26,225 | ₹1,80,340 |
| Hyderabad | ₹1,38,100 | ₹1,26,592 | ₹1,80,870 |
| Chennai | ₹1,38,280 | ₹1,26,757 | ₹1,81,110 |
Difference Between 24K, 22K Gold and 999 Silver
Gold is sold in different purity levels, with 24-karat gold representing the purest commonly traded form. Since it is relatively soft, 22-karat gold is widely used for jewellery because it offers greater durability.
Silver marked 999 indicates a purity of 99.9%. This high-purity silver is commonly preferred for investment products such as coins and bars.
Gold and silver prices can vary between cities and sellers. Buyers should check the latest local rates before making a purchase.
Disclaimer: The prices mentioned in this article are based on the reported market figures for November 13 and may change during trading hours. Retail rates can vary by city, jeweller, purity, taxes and applicable making charges. This article is for informational purposes only and should not be considered investment advice.