The prices for gold and silver continue to show a declining trend since the start of November 2025. In this week, however, there has been less decline in gold prices compared to previous weeks. Still, they are considered to be high.
Decline in Domestic & International Markets
The prices for gold and silver are down not only in the Multi Commodity Exchange (MCX), but are also tumbling in the domestic market. The decline has been attributed to lower trade tensions globally and lower demand.
Current Gold Prices (November 9, Sunday)
- 24 Carat: ₹1,20,100 per 10 grams
- 22 Carat: ₹1,17,220 per 10 grams
- 20 Carat: ₹1,06,890 per 10 grams
- 18 Carat: ₹97,280 per 10 grams
- 14 Carat: ₹77,460 per 10 grams
Please note that these prices are not inclusive of 3% GST & Making Charges applicable for jewelry.
Silver Prices Also Fall
The fall in silver prices has been sharper than that in gold. The silver prices on the MCX are down from ₹1,70,415 per kilogram to ₹1,47,789 per kilogram. In the Indian market, silver prices are down by Rs 850 in one week. As of now, the latest price for 1 kilogram of silver stands at Rs 1,48,275.
