Gold prices in India showed a marginal recovery on Saturday, November 7, with 24K gold rising ₹11 per gram to ₹14,357 and 22K gold gaining ₹10 to ₹13,160. According to reports from Goodreturns, this recovery came after a sharp decline in the previous session, with 24K gold falling by ₹256 to ₹14,346 per gram and 22K gold dropping by ₹235 to ₹13,150 per gram on November 6. The price movement was attributed to demand surge during Dhanteras shopping, with consumers across India purchasing gold and silver ahead of Diwali celebrations scheduled for November 8. As per The Hindu BusinessLine, gold prices rose across most cities today compared to yesterday, with 22-carat gold at ₹13,240 per gram and 24-carat gold at ₹13,818 per gram showing consistent gains across major Indian cities.
As reported by Goodreturns, the current gold rate structure shows 24K gold at ₹14,357 per gram, with 8 grams costing ₹1,14,856, 10 grams at ₹1,43,570, and 100 grams at ₹14,35,700. 22K gold stands at ₹13,160 per gram, with 8 grams priced at ₹1,05,280, 10 grams at ₹1,31,600, and 100 grams at ₹13,16,000. Meanwhile, 18K gold is at ₹10,768 per gram, with 8 grams costing ₹86,144, 10 grams at ₹1,07,680, and 100 grams at ₹10,76,800. The latest data from TOI confirms these rates across Hyderabad, reflecting consistent pricing across major Indian cities. According to The Hindu BusinessLine, 22-carat gold ranges from ₹13,160 to ₹13,310 per gram across different cities, while 24-carat gold varies from ₹13,818 to ₹13,976 per gram.
As reported by The Hindu BusinessLine, gold prices showed regional variations across Indian cities on November 7. Coimbatore recorded 22-carat gold at ₹13,160 per gram (up ₹20) and 24-carat gold at ₹13,818 per gram (up ₹21), while Nagpur saw 22-carat at ₹13,210 and 24-carat at ₹13,871. Visakhapatnam maintained 22-carat at ₹13,160 and 24-carat at ₹13,818, showing consistency with other major cities. Surat, Jaipur, Lucknow, and Chandigarh all recorded similar pricing patterns with 22-carat around ₹13,260-₹13,270 and 24-carat at ₹13,923-₹13,934. Bhubaneswar and Patna showed slightly higher rates with 22-carat at ₹13,310 and 24-carat at ₹13,976, while Vadodara, Thrissur, Vijayawada, Kanpur, and Mysore maintained the standard pricing structure across different cities.
According to Goodreturns data, gold rates have shown significant volatility over the past week, with prices fluctuating between ₹13,888 to ₹14,602 per gram for 24K gold. The most significant movement occurred on November 5 when 24K gold surged by ₹322 to ₹14,602 per gram, while 22K gold increased by ₹295 to ₹13,385 per gram. On November 6, both 24K and 22K gold experienced their steepest declines, falling by ₹256 and ₹235 respectively. The current recovery suggests stabilization after the previous session's sharp decline, with the highest level reaching ₹14,602 and lowest coming down to ₹13,888 during November. As per The Hindu BusinessLine, today's prices represent a continuation of this recovery trend across multiple cities.
On the Multi Commodity Exchange (MCX), gold futures for December 4, 2026 expiry contract settled at ₹1,42,364, declining by ₹1,731 or 1.20% during Friday's trading session, as reported by Goodreturns. Meanwhile, silver futures for the same expiry contract settled at ₹1,84,977, gaining ₹190 or 0.10%. The MCX performance reflects broader market sentiment and international price movements affecting domestic bullion markets.
