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| Gold and silver price display with current rates |
Gold Prices Witness Mixed Trends Amid Global Economic Uncertainty: Check Today's Rates Across Major Indian Cities
In a financial landscape marked by contrasting movements that have left both investors and traditional buyers cautiously navigating the precious metals market, gold prices in India presented a mixed picture on November 10, 2025, with domestic rates showing slight corrections while international markets demonstrated renewed strength. According to the latest data from the Indian Bullion and Jewellers Association (IBJA), 24-carat gold opened at ₹1,20,100 per 10 grams this Monday morning, reflecting a modest decline from previous sessions, while silver prices climbed to ₹1,48,275 per kilogram, continuing their steady upward trajectory that has characterized recent trading patterns. This divergence between the two precious metals comes amidst a complex global economic environment where multiple factors—including the prolonged US government shutdown, fluctuating dollar indices, and shifting investor sentiment toward safe-haven assets—are creating a volatile backdrop that precious metals traders must carefully navigate in their daily operations.
Gold and Silver Prices in Major Indian Cities - November 10, 2025
🪙 Gold Prices in Major Indian Cities
| City | 24K Gold (per 10 gm) | 22K Gold (per 10 gm) |
|---|---|---|
| Mumbai | ₹1,21,280 | ₹1,11,173 |
| Delhi | ₹1,21,070 | ₹1,10,980 |
| Kolkata | ₹1,21,120 | ₹1,11,026 |
| Bengaluru | ₹1,21,380 | ₹1,11,265 |
| Hyderabad | ₹1,21,470 | ₹1,11,347 |
| Chennai | ₹1,21,640 | ₹1,11,503 |
| Pune | ₹1,21,280 | ₹1,11,173 |
| Ahmedabad | ₹1,21,440 | ₹1,11,320 |
🥈 Silver Prices Across India
| City | Silver (per kg) |
|---|---|
| Mumbai | ₹1,48,080 |
| Delhi | ₹1,47,830 |
| Kolkata | ₹1,47,880 |
| Bengaluru | ₹1,48,200 |
| Hyderabad | ₹1,48,320 |
| Chennai | ₹1,48,510 |
| Pune | ₹1,48,080 |
| Ahmedabad | ₹1,48,280 |
The Multi Commodity Exchange (MCX) told a slightly different story, with December gold futures climbing 0.43% to ₹1,21,133 per 10 grams on substantial trading volume of 13,446 lots, while silver futures surged 1.09% to ₹1,48,667 per kilogram with 19,396 lots changing hands, indicating robust institutional participation despite the mixed signals from physical markets. Internationally, spot gold gained 0.5% to reach $3,996.93 per ounce** and silver advanced **0.96% to $48.48 per ounce, creating an interesting disconnect between domestic and global trends that market experts attribute to currency fluctuations, local demand patterns, and the unique dynamics of India's festival and wedding season that traditionally influence precious metal consumption. The All India Sarafa Association reported Delhi-specific rates of ₹1,24,600 for 24-carat gold and ₹1,53,300 for silver, highlighting the significant regional variations that persist across India's diverse bullion markets and reminding investors that location-specific factors continue to play a crucial role in determining final transaction prices.
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Market analysts from LKP Securities pointed to several converging factors that are likely to determine gold's trajectory in the coming weeks, noting that all eyes are now focused on upcoming speeches from US Federal Reserve officials and consumer price index data from both India and the United States that could provide crucial direction for precious metals. The ongoing 38-day US government shutdown has created unprecedented economic uncertainty, delaying crucial economic data releases and contributing to the safe-haven demand that has supported gold prices despite a generally stronger US dollar environment. With the dollar index dipping 0.08% to 99.65, experts suggest that the combination of AI-driven stock market volatility, prolonged political gridlock in the US, and increasing demand for secure investment options could create additional upward pressure on gold in the near term, potentially offering attractive opportunities for both investors and traditional buyers during the ongoing festive season.
Source: Indian Bullion and Jewellers Association, Multi Commodity Exchange, All India Sarafa Association
Disclaimer: Gold prices are subject to market changes and may vary by city. Retail prices include making charges and taxes. Consult financial experts before investing.