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| Gold jewellery and bullion with current price display showing today's reduced rates across Indian cities. |
In a welcome relief for investors and festival shoppers alike, gold prices have taken a noticeable dip across Indian markets today, creating the perfect window for those looking to invest in the timeless asset. As of 9:56 AM on November 4, 2025, the 24-carat gold price stands at ₹1,21,120 per 10 grams, while 22-carat gold is available at ₹1,11,027 per 10 grams, bringing smiles to countless faces during this crucial festive period. This positive correction comes amid a strengthening US dollar, with MCX Gold December futures falling by 0.43% to ₹1,20,886 per 10 grams, while silver also joined the downward trend with December contracts dropping 0.41% to ₹1,47,154 per kg, according to data from the Multi Commodity Exchange of India.
The timing couldn't be more perfect for Indian consumers, as this price drop arrives just when millions are considering gold purchases for weddings and upcoming festivals. The current rates represent a significant opportunity when viewed against gold's spectacular performance over the past two decades - the precious metal has delivered an astounding 1,200% return since 2005, jumping from ₹7,638 to over ₹1,25,000 this year, making it one of 2025's top-performing asset classes with 56% year-to-date gains. This price correction offers a rare chance to enter the gold market at relatively favorable levels, though buyers should remember that final jewellery prices will include making charges, taxes, and GST.
Here's your complete city-wise guide to today's gold prices for smart investment decisions:
| City | 24 karat gold price (rupees) | 22 karat gold price (rupees) |
|---|---|---|
| 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 |
Whether you're planning for your daughter's wedding, looking for a secure investment, or simply wanting to add to your family's wealth heritage, today's market conditions present what might be your best chance to make that golden move you've been contemplating.
Source: Indian Bullion Association (IBA) Official Data, Multi Commodity Exchange (MCX) Live Trading Updates, November 4, 2025