Gold and silver prices have continued to fluctuate, with both precious metals recording a notable decline during the week. On the morning of November 14, the price of 24-carat gold in Delhi was reported at ₹137,490 per 10 grams.
In the Delhi bullion market on November 13, gold prices dropped by ₹2,500, while silver became cheaper by ₹3,500 per kilogram. Gold of 99.9% purity was quoted at ₹140,900 per 10 grams.
In the international market, spot gold was trading at $3,879.71 per ounce. Movements in the US dollar are expected to remain an important factor influencing gold prices. People planning to purchase jewellery should check the latest rates in their city before making a decision.
Gold Price Falls by ₹5,643 in One Week
Data from the India Bullion and Jewellers Association (IBJA) shows that 24-carat gold was priced at ₹141,452 per 10 grams on November 6.
By the market close on November 13, the rate had declined to ₹135,809 per 10 grams. This represents a weekly fall of ₹5,643 per 10 grams, making gold significantly cheaper compared with the previous week.
Silver Price Declines by ₹4,868 Per Kilogram
Silver also recorded a considerable fall during the same period.
According to IBJA data, silver was priced at ₹182,868 per kilogram on November 6. By the close of trading on November 13, its price had dropped to ₹178,000 per kilogram.
This means silver became cheaper by ₹4,868 per kilogram over the week.
Gold Rates in Delhi, Mumbai, Kolkata and Other Cities
Here are the reported prices of 24-carat and 22-carat gold in major Indian cities:
| City | 24-Carat Gold (10g) | 22-Carat Gold (10g) |
|---|---|---|
| Delhi | ₹137,490 | ₹126,040 |
| Mumbai | ₹125,890 | ₹137,340 |
| Kolkata | ₹137,340 | ₹125,890 |
| Chennai | ₹138,480 | ₹126,940 |
| Pune | ₹137,340 | ₹125,890 |
| Bengaluru | ₹137,340 | ₹125,890 |
| Jaipur | ₹137,490 | ₹126,040 |
| Bhopal | ₹137,390 | ₹125,940 |
| Lucknow | ₹137,490 | ₹126,040 |
Note: The supplied figures for Mumbai show the 22-carat rate higher than the 24-carat rate. These two figures may have been listed in reverse and should be verified before publication.
Gold prices can vary across cities and market sources. Buyers should confirm the latest local rates before purchasing jewellery.
Disclaimer: Gold and silver prices are subject to frequent market changes and may differ depending on the city, jeweller and applicable charges. The rates mentioned in this article are based on the supplied information and are intended for general reference only. Please verify the latest prices with a reliable bullion association or local jeweller before making a purchase.