Gold and silver prices in India remained largely steady on November 4, 2025, amid global market caution and stable domestic demand.
Mumbai: Gold and silver prices in India remained mostly stable on Tuesday, November 4, 2025, as global market movements, exchange rate fluctuations, and festive demand continued to influence rates. Both metals remain important for Indian households and investors, particularly during the ongoing festive and wedding season.
Gold Prices on November 4, 2025
Today, 24-carat gold is priced at ₹12,318 per gram, while 22-carat gold stands at ₹11,291 per gram. The minor rise in gold prices reflects firm global demand and inflation concerns.
City-wise gold prices (per gram):
- Delhi: 24K ₹12,333 | 22K ₹11,304
- Mumbai: 24K ₹12,318 | 22K ₹11,291
- Kolkata: 24K ₹12,318 | 22K ₹11,291
- Chennai: 24K ₹12,383 | 22K ₹11,351
- Bangalore: 24K ₹12,311 | 22K ₹11,286
- Trivandrum: 24K ₹12,318 | 22K ₹11,291
Gold prices by purity:
- 24K Gold (99.9% pure): ₹12,318 (+₹1)
- 22K Gold (91.6% pure): ₹11,291 (+₹1)
- 18K Gold: ₹9,239 (+₹1)
Also read: Gold price
Gold prices in India are guided by international rates, the value of the US dollar, and local import duties. India, which imports around 800–900 tonnes of gold every year, continues to treat the metal as a safe investment against inflation and economic uncertainty.
Silver Prices on November 4, 2025
Silver prices also remained steady today. The metal is trading at ₹1,54,100 per kilogram (₹154.10 per gram), while 925 sterling silver is priced at around ₹1,50,000 per kilogram.
City-wise silver prices (per 10 grams):
- Delhi: ₹1,541
- Mumbai: ₹1,541
- Kolkata: ₹1,541
- Chennai: ₹1,681
- Trivandrum: ₹1,681
Silver prices are affected by global industrial demand, market trends, and currency strength. A weaker rupee against the US dollar often makes silver more expensive in India.
Market Overview
India remains the world’s second-largest consumer of gold after China. Gold in India is mainly sold in 24K (99.9% pure) and 22K (91.6% pure) forms. While 24K is preferred for investment, 22K is used mainly for jewellery. The Bureau of Indian Standards (BIS) hallmark ensures certified purity for consumers.
Key Factors Affecting Gold and Silver Prices
- Global developments: Inflation data, interest rates, and geopolitical tensions.
- Currency exchange rates: A weaker rupee increases import costs.
- Domestic factors: State taxes, local demand, and import duties.
Currently, India’s import duty on gold is 10%. Despite global uncertainty, both gold and silver continue to be viewed as reliable assets for wealth preservation.
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