Gold continues to hold a strong position as one of India’s most valued and trusted investment options. From jewellery and coins to bars and art, the love for gold among Indian households remains unmatched. Despite consistent fluctuations in global prices, gold’s reputation as a safe-haven asset keeps investors attracted.
On November 3, 2025, gold prices in India registered a slight rise, reflecting stability in international markets and steady demand in domestic markets.
Current Gold Prices (as of November 3, 2025)
| Type | 1 Gram | 10 Grams | 100 Grams | Price Change (from Nov 2) |
|---|---|---|---|---|
| 22 Carat Gold | ₹11,340 | ₹1,13,400 | ₹11,34,000 | +₹150 |
| 24 Carat Gold (Pure) | ₹11,907 | ₹1,19,070 | ₹11,90,700 | +₹160 |
Gold Price Movement:
- Opening Price: ₹1,19,070 (for 10 grams, 24K)
- Previous Close: ₹1,18,910
- Change: +0.13%
The price increase aligns with a moderate rise in global spot gold rates and minor weakness in the U.S. dollar.
22 Carat vs 24 Carat Gold: What’s the Difference?
Before buying gold, it’s important to understand the difference between the two most common forms:
- 22 Carat Gold: Contains 91.67% pure gold mixed with small amounts of metals like copper or silver for durability. It’s commonly used in jewellery.
- 24 Carat Gold: Known as pure gold (99.9%), it’s too soft for jewellery but perfect for investment in coins or bars.
Gold Rate Today in Major Indian Cities (as of November 3, 2025)
| City | 22K Gold (1 Gram) | 24K Gold (1 Gram) |
|---|---|---|
| Delhi | ₹11,390 | ₹11,960 |
| Mumbai | ₹11,340 | ₹11,907 |
| Chennai | ₹11,350 | ₹11,918 |
| Hyderabad | ₹11,350 | ₹11,918 |
| Bangalore | ₹11,400 | ₹11,970 |
| Jaipur | ₹11,394 | ₹11,964 |
| Kolkata | ₹11,440 | ₹12,012 |
| Pune | ₹11,340 | ₹11,907 |
| Ahmedabad | ₹11,394 | ₹11,964 |
| Lucknow | ₹11,390 | ₹11,960 |
Highlights:
- Gold rate today in Delhi: ₹11,960 (24K)
- Gold rate today in Mumbai: ₹11,907 (24K)
- Gold rate today in Chennai: ₹11,918 (24K)
- Gold rate today in Bangalore: ₹11,970 (24K)
- Gold rate today in Kolkata: ₹12,012 (24K)
Gold Price Trend – Last 10 Days
| Date | 22K Gold (10 gm) | 24K Gold (10 gm) |
|---|---|---|
| Nov 03, 2025 | ₹1,13,400 | ₹1,19,070 |
| Nov 02, 2025 | ₹1,13,250 | ₹1,18,910 |
| Nov 01, 2025 | ₹1,13,250 | ₹1,18,910 |
| Oct 31, 2025 | ₹1,12,950 | ₹1,18,600 |
| Oct 30, 2025 | ₹1,10,950 | ₹1,16,500 |
| Oct 29, 2025 | ₹1,11,950 | ₹1,17,550 |
| Oct 28, 2025 | ₹1,13,000 | ₹1,18,650 |
| Oct 27, 2025 | ₹1,14,650 | ₹1,20,380 |
| Oct 26, 2025 | ₹1,15,700 | ₹1,21,490 |
| Oct 25, 2025 | ₹1,15,700 | ₹1,21,490 |
Gold has shown a steady upward movement over the past 10 days, influenced by festive season buying and higher international demand.
Key Factors Influencing Gold Prices in India
Gold prices are determined by a combination of global and domestic factors. Here are the main drivers:
- Global Market Trends:
The international spot gold price directly influences Indian gold rates. Any rise or fall globally quickly reflects in domestic prices. - Strength of the US Dollar:
Since gold is traded in dollars, a weaker USD typically pushes gold prices higher in India. - Inflation and Interest Rates:
Gold acts as a hedge against inflation. Higher inflation tends to increase gold demand. - Import Duties & Exchange Rates:
India imports a major portion of its gold; hence, changes in import duties and the rupee-dollar exchange rate significantly affect prices. - Seasonal Demand & Festivities:
The demand spikes during festive and wedding seasons, driving up local prices in cities like Delhi, Mumbai, and Chennai. - Economic and Geopolitical Stability:
During global uncertainties or economic slowdowns, investors shift towards gold as a safe investment.
Tips Before Investing in Gold
If you’re planning to buy or invest in gold, here are a few points to keep in mind:
- Check the Current Gold Rate in Your City:
Prices differ by city, so always check the latest rate before purchasing. - Look for Hallmarked Gold:
Ensure your gold carries the BIS Hallmark and the 6-digit HUID (Hallmark Unique Identification) code for purity assurance. - Understand Additional Charges:
Jewellers may include making or wastage charges. Calculate the per-gram cost to ensure transparency. - Prefer Certified Dealers:
Always buy from BIS-certified jewellers or trusted online platforms.
Outlook for Gold Prices
With inflationary pressures and global uncertainty, analysts expect gold to remain a preferred safe-haven asset in the near term. Prices may see gradual upward movement through the festive and wedding season, supported by retail demand and global cues.
Disclaimer
This article is for informational purposes only. The prices mentioned are subject to change based on market fluctuations. Always verify current gold rates before buying or investing.
