Gold Rate Rises Today, November 1: Check 24 & 22 Carat Prices In Delhi, Mumbai, Other Cities

As of today, November 1, 2025, gold prices in India have experienced a slight increase, influenced by global demand and ongoing inflationary pressures. Gold holds a significant position in Indian culture and economy, symbolizing prosperity and security. For many, it plays a vital role in major life events such as weddings and festivals, as well as serving as a means of wealth preservation.

Current Gold Rates in Major Cities

Here’s a snapshot of the gold rates in some of India's major cities:

• Delhi: The price of 24K gold in Delhi is Rs 12,344 per gram. For 22K gold, the rate is Rs 11,301 per gram.
• Mumbai: In Mumbai, 24K gold is priced at Rs 12,329 per gram. The rate for 22K gold is Rs 11,301 per gram.
• Kolkata: Similar to Mumbai, 24K gold in Kolkata is also at Rs 12,329 per gram.
• Chennai: Chennai sees 24K gold trading at Rs 12,327 per gram.

These rates are indicative and may vary slightly based on jeweler, location, and making charges.

Silver Rates

Silver prices are also seeing action today. The price of Silver 999 in Delhi and Mumbai is Rs 1509 per 10 grams. In India, silver is trading at approximately Rs 1,50,900 per kilogram. The rate of Silver 925 is at Rs 1,50,000 per kilogram.

Factors Influencing Gold Prices

Several factors influence gold rates in India:

• Global Market Trends: The international price of gold significantly impacts domestic rates.
• Currency Fluctuations: The exchange rate between the U.S. Dollar and the Indian Rupee plays a crucial role.
• Domestic Demand: Demand for gold jewelry, especially during the festive and wedding seasons, can affect prices.
• Inflation: Inflation levels can influence gold prices, as gold is often seen as a hedge against inflation.
• Geopolitical Scenarios: Major political events can impact market trends.

Gold as an Investment

Indians have long considered gold a safe and valuable asset. Besides physical gold, options include investing in gold as a commodity through exchanges like the Multi Commodity Exchange (MCX). These exchanges provide spot contracts for immediate delivery and futures contracts for later transactions at current prices.

Hallmark Gold

When buying gold jewelry, look for the Bureau of Indian Standards (BIS) hallmark, which certifies that the gold meets the standards set by BIS.

Fluctuations in Futures Trade

On the Multi Commodity Exchange (MCX), gold futures for December delivery experienced a slight decrease on the last day of October, dropping by Rs 218, or 0.18%, to Rs 1,21,290 per 10 grams, with 13,223 lots being traded. However, global market movements showed an increase in the yellow metal's value. On Comex, December gold futures traded slightly higher at $4,020.67 per ounce, while silver slipped 0.37% to $48.43 an ounce.

Regional Variations and Measurement

It's worth noting that gold is generally weighed in grams in Delhi. Traditional measurements like "tola," equivalent to ten grams, are also used.