Gold and Silver Prices Hold Their Shine Amid Market Watchers’ Eager Eyes

Updated: November 03, 2025 00:21

Image Source: The Hans India

Gold and silver prices remained largely stable on November 2, 2025, with 24-carat gold trading around ₹1,23,150 per 10 grams and silver at ₹1,52,000 per kilogram. Key Indian cities like Delhi, Mumbai, Chennai, and Kolkata saw minor fluctuations as buyers prepare for upcoming festive and wedding seasons.

As November begins, gold and silver prices in India held a steady course with small city-wise variations, reflecting cautious market sentiment amid ongoing global economic factors. The prices remain attractive for buyers planning purchases for weddings and festivals, traditionally a peak season for precious metals in India.

On November 2, 24-carat gold rates hovered near ₹1,23,150 per 10 grams nationally, while 22-carat gold was valued at approximately ₹1,12,900. The 18-carat variety was priced around ₹92,400 in several metropolitan markets. Silver, too, maintained its momentum with rates about ₹1,52,000 per kilogram.

City-wise price highlights include:

Delhi: 18-carat gold traded at ₹92,400 per 10 grams.
Mumbai and Kolkata: Gold rates for 18-carat hovered near ₹92,250 per 10 grams.
Chennai: Marginally higher 18-carat gold rates at ₹94,350 per 10 grams.
Indore and Bhopal: Prices around ₹92,300 per 10 grams for 18-carat gold.

Silver prices in major cities like Mumbai and Chennai remained close to ₹1,51,000 to ₹1,52,000 per kilogram, offering buyers stability despite global metal price volatility.

Market participants are closely watching factors such as currency fluctuations, import duties, and international demand that influence domestic metal prices. Seasonal buying trends driven by celebrations and matrimonial occasions also play an important role in sustaining demand levels.

Buyers are advised to check updated daily rates city-wise before making purchases as small price differences may impact overall costs. Moreover, purity and hallmark certification remain critical in ensuring the value of gold and silver jewelry purchases.

Key takeaways:

Stable gold and silver prices on November 2, 2025, across India.
Slight variation in rates across major cities like Delhi, Mumbai, Chennai, and Kolkata.
24-carat gold roughly ₹1,23,150 per 10 grams nationally.
Silver steady at about ₹1,52,000 per kilogram.
Seasonal demand expected to influence price dynamics in coming weeks.
Buyers urged to verify local rates and inspect hallmark certification before purchase.

Sources: mpbreakingnews.in, moneycontrol.com, goodreturns.in,

livechennai.com, bankbazaar.com

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