Gold prices slipped in India today as the precious metal faced pressure from a stronger US dollar. On the Multi Commodity Exchange (MCX), both gold and silver saw a dip in morning trade.
At 9:38 am, MCX Gold December futures were down 0.43% at ₹1,20,886 per 10 grams, while MCX Silver December contracts slipped 0.41% to ₹1,47,154 per kg.
According to the Indian Bullion Association (IBA), 24-carat gold was priced at ₹1,21,120 per 10 grams, and 22-carat gold stood at ₹1,11,027 per 10 grams at 9:56 am. Silver (999 Fine) was trading at ₹1,47,430 per kg.
Gold Price Trend Over the Years
Gold has proven to be a strong performer over the last two decades. Prices have soared by more than 1,200%, rising from ₹7,638 per 10 grams in 2005 to over ₹1,25,000 in 2025 (as of September).
In 16 out of the past 20 years, gold delivered positive returns, with a 56% year-to-date (YTD) gain in 2025, cementing its spot among the top-performing asset classes of the year.
Today’s Gold Rates Across Major Cities (November 4)
Note: Jewellers may add making charges, taxes, and GST, which can increase the final retail price.
| City | 24K Gold (₹/10 gm) | 22K Gold (₹/10 gm) |
|---|---|---|
| Mumbai | 1,20,940 | 1,10,862 |
| Pune | 1,21,010 | 1,10,926 |
| Delhi | 1,20,810 | 1,10,743 |
| Kolkata | 1,20,860 | 1,10,788 |
| Ahmedabad | 1,21,130 | 1,11,036 |
| Bengaluru | 1,21,070 | 1,10,981 |
| Hyderabad | 1,21,030 | 1,10,944 |
| Chennai | 1,21,190 | 1,11,091 |
City-Wise Gold & Silver Prices (November 4)
Mumbai:
- 24K Gold – ₹1,20,940/10 gm
- 22K Gold – ₹1,10,862/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,230/kg
- MCX Silver 999 – ₹1,47,025/kg
Pune:
- 24K Gold – ₹1,21,010/10 gm
- 22K Gold – ₹1,10,926/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,350/kg
- MCX Silver – ₹1,47,025/kg
Delhi:
- 24K Gold – ₹1,20,810/10 gm
- 22K Gold – ₹1,10,743/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,040/kg
- MCX Silver 999 – ₹1,47,025/kg
Kolkata:
- 24K Gold – ₹1,20,860/10 gm
- 22K Gold – ₹1,10,788/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,100/kg
- MCX Silver 999 – ₹1,47,025/kg
Ahmedabad:
- 24K Gold – ₹1,21,130/10 gm
- 22K Gold – ₹1,11,036/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,440/kg
- MCX Silver 999 – ₹1,47,025/kg
Bengaluru:
- 24K Gold – ₹1,21,070/10 gm
- 22K Gold – ₹1,10,981/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,360/kg
- MCX Silver 999 – ₹1,47,025/kg
Hyderabad:
- 24K Gold – ₹1,21,030/10 gm
- 22K Gold – ₹1,10,944/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,240/kg
- MCX Silver 999 – ₹1,47,025/kg
Chennai:
- 24K Gold – ₹1,21,190/10 gm
- 22K Gold – ₹1,11,091/10 gm
- MCX Gold – ₹1,20,770/10 gm
- Silver Bullion – ₹1,47,440/kg
- MCX Silver 999 – ₹1,47,025/kg
Disclaimer
This article is meant for educational purposes only. The views and price data mentioned are based on market sources and analyst inputs. Please consult a certified financial advisor before making any investment decisions.
