Gold Rate Falls Today, November 18: Check 24 & 22 Carat Prices In Delhi, Mumbai, Other Cities

Gold prices in India experienced a slight dip today, November 18, 2025, influenced by a mix of global factors and domestic market dynamics. According to market analysts, the fluctuations are attributable to international gold prices, the U.S. dollar exchange rate, and local demand, especially with the festive season approaching.

Current Gold Rates

As of today, the price of 24K gold, also known as 999 pure gold, is ₹12,541 per 1 gram. 22K gold, which is commonly used in jewelry and contains 91.67% pure gold, is priced at ₹11,496 per 1 gram. These rates provide a benchmark for consumers looking to buy or sell gold across the country.

Regional Price Variations

While the national averages offer a general overview, gold prices vary across different cities due to local taxes, transportation costs, and demand. For specific rates in Delhi, Mumbai, Chennai, and Kolkata, it is advisable to check with local jewelers or refer to online resources that provide city-specific updates.

Silver Prices

Silver prices are also subject to change. Today, silver is priced at ₹1,66,900 per kilogram. Like gold, silver rates are influenced by global trends and currency fluctuations, making it essential for investors and consumers to stay informed.

Market Influences

Several factors are currently impacting gold prices in India. Globally, gold rates are reacting to inflationary pressures and overall demand. The recent statement by US Federal Reserve's vice chair Philip Jefferson hinted that the downside risks to employment have escalated to upside risks for inflation which suggested that Fed should take a cautious and slow approach towards rate cuts. This statement is in contrast to the market's prediction of another rate cut in December. The market will be closely watching the upcoming September jobs report scheduled on Thursday.

MCX Trends

At the Multi Commodity Exchange (MCX), gold prices with December 2025 expiry, crashed by ₹1,527, a 1.24% decrease, and is trading at ₹1,21,400 per 10 grams. It is trading near its intraday low of ₹1,21,166 per 10 grams. Yesterday, the price stood at ₹1,22,927 per 10 grams. MCX silver prices have also shown a significant downturn, nosediving by nearly 2%.

Cultural and Economic Significance

Precious metals like gold and silver hold a significant place in Indian culture and economy. They are integral to festivals, weddings, and are considered a reliable form of investment. Because of this, price fluctuations attract considerable attention from consumers and investors alike.

Disclaimer: All prices are indicative and subject to change. Please verify with your local jeweler for the most accurate and up-to-date rates.